Bitcoin 

Bitcoin Halving | How the Miners are Faring So Far

On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% following a halving event, past events have forced miners to adopt numerous changes to cater for the drops in profitability. What about the recent halving event? How have things unfolded for miners this time around? Mining Inefficiencies One obvious impact of a halving event…

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Bitcoin 

Bitcoin Halving is Coming Soon

The crypto sphere has seen a lot of buzz over the past few months with regards to the Bitcoin halving that is going to take place in May. Bitcoin is the biggest cryptocurrency in the world, and it is only natural that the upcoming halving event has caused such a stir in the crypto sphere at large. Key Things to Watch However, there is something else that needs to be considered at this point. The markets across the world have been sent into a tailspin due to the onset of…

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Blockchain 

Bitcoin Cash (BCH) Climbs Higher After Halving Event

HomeNewsBitcoin Cash NewsBitcoin Cash (BCH) Climbs Higher After Halving Event One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days. Is Halving a Bullish Sign? A halving measure generally involves providing…

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Ethereum 

How Could Bitcoin Halving Could Affect BTC Price in the Near-Term?

Bitcoin (BTC) is trading below the $8,000 level just two months before its anticipated halving in May. However, over the past few weeks, markets have been crashing because of the coronavirus outbreak and investors have been cashing out on their digital assets, including Bitcoin. Will this impact the effect of the halving? Upcoming Halving Might Impact BTC Price Negatively Based on the current market outlook, there is a possibility that the May 2020 halving might have a negative effect on BTC price. In the 2012 and 2016 halving events, BTC…

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Blockchain 

Litecoin (LTC) Gains Momentum Post Halving, Jumps 7%

Litecoin (LTC) has been one of the more popular altcoins in the crypto space for some years now, and during that time, it managed to become one of the biggest cryptocurrencies by market cap. LTC Jumps 6% This year, the developers of the blockchain made a momentous decision after it announced that the rewards for Litecoin miners were going to be halved. This created a lot of speculation as to the effect it would have on the token’s price. The event that was being called “the halvening” created a lot…

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Blockchain 

Litecoin Halving | What You Should Know Before the Big Event

Litecoin has grown impressively over the past couple of years and despite the slump in the crypto markets last year, it has managed to hold onto its position among the top five cryptocurrencies. Key Analysis However, the cryptocurrency is now entering one of the most critical periods in its history due to the halving that is going to take place in its blockchain next week. This is a measure to possibly ensure that Litecoin remains scarce, but at the same time, it is also important to point out that it hits…

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Blockchain 

Litecoin is Under Pressure Ahead of the Halving, So What Next?

Over the course of the past few years, Litecoin (LTC) has firmly emerged as one of the more popular altcoins in the crypto sphere, but the token is slowly but surely approaching a day of reckoning as the much talked about halving is going to take place soon. The halving is going to reduce the reward for completing a blockchain to 12.5 LTC for miners, and many believe this is a step that could prove to be a problem for the cryptocurrency in the initial period. Analysis The halving is…

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Blockchain 

Litecoin (LTC) Outperforms Bitcoin Ahead of Blockchain Halving

Litecoin (LTC) continues to outperform other cryptocurrencies ahead of the much-awaited halving of its blockchain. Over the last seven days, the altcoin has averaged 5% in returns compared to just 1% for Bitcoin (BTC). Other cryptocurrencies continue to post mixed fortunes after a meteoric rise in the first half of the year. LTC Halving The renewed interest stems from a growing interest in the mining halving process scheduled for August 6. With the halving, miners will end up getting just half of the coins they get now, with each new…

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