Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption. In the same vein, two key figures in the community held an informal Twitter debate over Bitcoin’s complexity today. Debate intro: Cuban might change his mind about Bitcoin if it gets so easy that “grandma can use it” Mark Cuban, one of the most well-known Bitcoin sceptics, prefers to own bananas than invest in bitcoins. Cuban previously criticized Bitcoin’s complexity in an interview with Anthony “Pomp” …

The creator of the stock-to-flow (S2F) Bitcoin (BTC) price model says that the upcoming block reward halving will decide if it lives or dies. In a series of tweets on April 16, PlanB said that he is sticking by the Bitcoin price increasing by “an order of magnitude” in the two years after the May halving. Analyst looks for fundamental insights from halving “(In my opinion) #bitcoin 2020 halving will be like 2012 & 2016. As per S2F model I expect 10x price (order of magnitude, not precise) 1-2 yrs after the halving,” he wrote. “Halving will be make-or-break for …

The volatility and volume in the Bitcoin (BTC) markets dropped down over the past week as the price of Bitcoin relatively stabilized. Stabilizing markets with decreasing volatility and volume usually means that spectacular movements will come back to the markets shortly. However, what should investors expect from the markets over the short-term? The weekly candle closed below the 100-week moving average, which is a strong signal for the bullish/bearish momentum of the markets. Crypto market daily performance. Source: Coin360 Bitcoin’s weekly candle closes below 100-WMA The weekly candle was unable to close above the 100-WMA, which is a crucial indicator …

Interest in the forthcoming “halving” event on the Bitcoin (BTC) blockchain has surged to levels higher than ever seen before. Data from Google Trends as of April 14 indicates that this year’s peak of interest in the event is 16% higher than back in 2016, the last time that halving occurred on the network. Worldwide Google search data for “Bitcoin halving” since April 2015. Source: Google Trends Breaking down the data geographically — this time focusing on the past 30 days — the top five countries showing the most interest are Luxembourg, Latvia, Estonia, Switzerland and Lithuania. A related and …

With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward halving. With the event just four weeks away and the Bitcoin Cash and Bitcoin SV halvings already executed, the anticipation for Bitcoin’s halving is at an all-time high. “Bitcoin halving” interest rising over time. Source: Google Search Trends The halving grants Bitcoin (BTC) one of its most important features — its deflationary status. Bitcoin started out with 50 BTCs being created with each block, which took approximately 10 minutes to mine, but this rate is subsequently cut …

Bitcoin (BTC) has never been so oversold in the last month before its block reward halving, one important indicator shows. In an ongoing Twitter debate on April 11, the analyst known as PlanB noted that Bitcoin’s relative strength index (RSI) was unusually low. Indicator hits record pre-halving lows The oscillator uses a scale from 1 to 100 to determine whether Bitcoin is overbought or oversold at a particular price. The 12-month RSI currently registers 49 — near its historic lows. Since 2011, according to data from PlanB, it has only seen two periods below that level, in 2015 and late …

Bitcoin Satoshi's Vision (BSV) just finished its first halving, roughly two years after forking from Bitcoin Cash (BCH) in 2018. BSV completed its halving at approximately 01:30 UTC. This event marks the reduction of the coin's block reward from 12.5 to 6.25 BSV. Bitcoin forks halve one month before their father chain BSV's halving comes just a short time after BCH's halving event on April 8, and approximately one month prior to Bitcoin's halving. Bitcoin SV sits at a price of $210.87 , down from $225 on the day. Since its halving, BCH has fallen from $278 to $256.21. BSV …

With the halvings for Bitcoin Cash (BCH) and Bitcoin SV (BSV) failing to drive a surge in demand, it appears that their block halvings may turn out to be non-events. Despite their halvings, BCH and BSV exhibited normal volume, and strong correlation with the crypto markets at large. Bitcoin forks fail to attract demand heading into halvings While at least six cryptocurrencies prepare to reduce their miner rewards in 2020, the market only appears interested in the forthcoming BTC halving. Within 48 hours of this writing, Bitcoin SV (BSV) will become the latest crypto asset to halve its block reward. …

As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event. Ben Askren, former Ultimate Fighting Championship (UFC) fighter and well-known Bitcoin bull, has changed the display name on his Twitter account to “Bitcoin Halving May 13”. Askren has more than 311,000 followers. Source: Twitter The name and date are referring to the official halving event happening in just over 36 days. When the total blocks in the BTC network reach 630,000, the ‘halving’ will reduce the block reward from 12.5 BTC …

Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after. One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25. Bitcoin forks follow the original coin’s lead The result of community disputes, Bitcoin’s chain split in 2017, forming two assets — BTC and BCH. Consequently, BCH comes with the same maximum coin supply and mining reward payout as its parent, BTC. After the halving, the BCH network will pay miners …

Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future, partially associated with its upcoming halving. "The fact that this is the first block halving after Bitcoin became a mainstream investment option for many people further increases Bitcoin's potential upward price movement compared with 2016," Lee said in a quote to Cointelegraph regarding the effect of the 2020 halving compared to previous years. "The past few weeks show that we will see a significant price jump ahead of the third block halving …

Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global pandemic which could permanently damage economies across the globe. Crypto markets were not shielded from the mayhem that led the S&P 500 and Dow to post some of the biggest losses since the 2008 global financial crisis and investors will recall that on March 13 Bitcoin (BTC) price dropped more than 50% in the span of 24-hours. To date, the volatility and fear within financial markets remain and the future forecast for …