News list for "After halving"
According to Coinglass data, bitcoin has historically performed well in the first quarter of the second year after the halving, with specific data being: 539.96% in the first quarter of 2013; 11.89% in the first quarter of 2017; and 103.17% in the first quarter of 2021.
On July 29th, according to Decrypt, as the pressure increases after the bitcoin halving, bitcoin mining companies are experiencing an "identity crisis", and some companies are starting to dabble in AI and chip manufacturing to diversify their revenue. At last week's Bitcoin 2024 conference, Ryan Rasmussen, head of research at Bitwise Asset Management, said: "The block reward halving will have a detrimental impact. The bitcoin mining industry is expected to see consolidation in the next 18 months...
On July 29th, the profit crunch after the bitcoin halving has put pressure on the business model of bitcoin mining companies, and some larger companies see this industry hurdle as an opportunity to expand their business or launch a hostile takeover. The bitcoin mining industry is expected to consolidate in the next 18 months, with some well-capitalized miners looking to gobble up competitors, such as Colorado-based Riot Platfor...
Bitcoin is about to experience its fourth halving. How will the market be affected after the halving?
