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Bitcoin Price Forecast as ‘Halving’ Countdown Commences – Can BTC Skyrocket?

Bitcoin Price Prediction

As the ‘halving’ event nears, Bitcoin price predictions become increasingly significant, with the current value at $66,125 hinting at future trends. The market’s technical indicators suggest a decisive phase ahead, with potential shifts in investor sentiment and market dynamics poised to influence Bitcoin’s trajectory.

El Salvador Unveils Open-Source Bitcoin Diploma

El Salvador’s “Mi Primer Bitcoin” initiative has launched a new Bitcoin Diploma program aimed at enhancing global financial literacy through open-source Bitcoin education. Developed with the help of international Bitcoin experts, the curriculum is freely available on GitHub, covering essential Bitcoin topics.

Since August, donations have been made to various initiatives, spreading the love and promoting Bitcoin mining, energy, and education.

Key Points:

  • El Salvador’s open-source Bitcoin curriculum aims to boost global financial literacy.
  • The program is free and accessible on GitHub, promoting wider Bitcoin adoption and understanding.
  • Enhanced Bitcoin knowledge could lead to increased demand and recognition of the cryptocurrency.

Upbit Trading Volume Dips After Record High

Upbit, a leading South Korean crypto exchange, experienced a significant drop in its 24-hour trading volume from $15 billion in March to $3.8 billion in early April. Market fluctuations and the “Kimchi Premium” influenced the trading dynamics. Upbit’s ongoing expansion, including a new license in Singapore, highlights its growth efforts.

Key Points:

  • Upbit’s trading volume plummeted from March’s high to $3.8 billion in April.
  • Market fluctuations and the “Kimchi Premium” influenced the trading dynamics.
  • Upbit’s ongoing expansion, including a new license in Singapore, highlights its growth efforts.

Bitcoin Miners’ Earnings Soar to $2 Billion Pre-Halving

In March, Bitcoin miners earned a record $2.01 billion, the highest in the network’s history, including $85.81 million from transaction fees. This financial uptick signals robust miner activity and potential optimism for Bitcoin’s future, especially with the approaching halving event that could enhance BTC’s value due to increased scarcity.

Key Points:

  • Record $2.01 billion earnings for Bitcoin miners in March, signaling strong network activity.
  • Significant hash rate and hash price indicate profitable mining conditions.
  • The upcoming halving event may positively impact Bitcoin’s value and miner engagement.

Bitkub Plans $165 Million IPO in 2025

Bitkub Capital Group, owner of Thailand’s Bitkub Online cryptocurrency exchange, plans a 2025 IPO, targeting a $165 million valuation. Facing competition and regulatory challenges, yet remains a significant revenue generator. The IPO signals rising investor interest in the cryptocurrency market.

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Ian Bennett
Written By

Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.

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Last 24 Hs

Name Price24H (%)
Bitcoin(BTC)
$102,971.00
-0.95%
Ethereum(ETH)
$3,235.62
-0.23%
XRP(XRP)
$3.09
-3.39%
Tether(USDT)
$1.00
0.06%
Solana(SOL)
$248.58
-6.65%
BNB(BNB)
$683.72
-1.69%
USDC(USDC)
$1.00
-0.01%
Dogecoin(DOGE)
$0.347680
-2.75%
Cardano(ADA)
$0.98
-1.34%
Lido Staked Ether(STETH)
$3,234.35
-0.24%

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