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In the first week of December 2025, Coinbase—the largest US exchange—added five new assets to its listing roadmap. This move signaled a positive shift in recovering demand from US investors.

Additionally, Bithumb listed new altcoins. Although market sentiment remains fearful. However, several indicators show that US investor appetite is improving.

Coinbase and Bithumb Add New AltcoinsIn a new announcement, Coinbase revealed that five new assets have been added to its listing roadmap.

The roadmap is a list of tokens that Coinbase is evaluating for potential future listing. Coinbase emphasized that listing depends on support from market makers and the availability of sufficient technical infrastructure. The exchange will announce the trading schedule later.

Assets added to the roadmap today: Humidifi (WET), zkPass (ZKP), Plume (PLUME), Hyperlane (HYPER), and Jupiter (JUPITER)https://t.co/lyEugQo7Cv

— Coinbase Markets 🛡️ (@CoinbaseMarkets) December 2, 2025 The newly added altcoins include:

Humidifi (WET) – the largest decentralized exchange (DEX) on Solana by volume, handling over $1 billion in daily trading. zkPass (ZKP) on Ethereum (ERC-20), known for zero-knowledge proof technology that enhances data privacy. Plume (PLUME) on Ethereum, an RWAfi (Real World Assets Finance) platform integrating with Circle’s Arc testnet. It aims to connect traditional finance with DeFi. Hyperlane (HYPER) on the Base network, enabling cross-chain communication. Jupiter (JUPITER) on Solana, the leading DEX aggregator in the Solana ecosystem. Among them, Humidifi (WET) and zkPass (ZKP) remain largely unlisted on centralized exchanges. The remaining altcoins showed no significant price reactions after the news.

PLUME, HYPER, JUP Price Performance. Source: TradingViewIn addition, Korean exchange Bithumb announced two new KRW-traded listings: BOB (Build on Bitcoin) and OriginTrail (TRAC).

BOB, TRAC Price Performance. Source: TradingViewBOB is a protocol that combines ZK proofs and BTC staking to create native bridges to Ethereum and Bitcoin (BitVM). OriginTrail is an ecosystem building a trusted knowledge infrastructure for artificial intelligence. After the listing news, BOB gained 24% and TRAC rose more than 13%.

Liquidity Signals Turn Positive AgainThese developments came as the Coinbase Premium Index—an indicator measuring the price difference of Bitcoin between Coinbase and other exchanges, representing US investor demand—turned positive again after remaining negative for a full month.

Bitcoin Coinbase Premium Index. Source: CryptoQuant.The index stayed negative from November, indicating capital outflows from the US. The early-December reversal suggests that sentiment among both institutional and retail investors in the US is improving. This shift may support inflows not only into Bitcoin but also into other cryptocurrencies.

“Coinbase Bitcoin Premium Index just flipped positive again, showing fresh demand… US liquidity returning & the real move begins soon,” investor Money Ape commented.

At the same time, the stablecoin market recorded strong growth, reinforcing confidence in an overall recovery. According to Lookonchain, Tether minted an additional 1 billion USDT on Tron on December 3. This pushed the stablecoin market cap on Tron above $80.2 billion.

As a result, total stablecoin market capitalization began rising again in early December after declining throughout November. It now stands at more than $306.85 billion, according to DefiLlama.

Stablecoins Market Cap. Source: DefiLlamaLeon Waidmann, Head of Research at Onchain Foundation, expects stablecoin market capitalization to reach new all-time highs soon.

Coinbase and Bithumb’s addition of New Altcoins, combined with strengthening US investor demand and surging stablecoin inflows, may trigger an altcoin recovery in December. Some analysts even argue that the Fed ending quantitative tightening (QT) could ignite a multi-year altcoin rally similar to the 2019–2022 period.

PANews reported on December 19th that, according to SoSoValue data, the cryptocurrency market continued its decline, with the AI sector leading the drop at 5.34%. Within the AI sector, Fartcoin (FARTCOIN) fell 19.81%, while OriginTrail (TRAC) and Kite (KITE) remained relatively resilient, rising 1.18% and 1.96% respectively. Additionally, Bitcoin (BTC) fell 0.80%, breaking below $86,000; Ethereum (ETH) fell 0.17%, fluctuating narrowly around $2,800.

In other sectors, the CeFi sector fell 2.05% in the last 24 hours, with Aster (ASTER) down 7.41%; the Layer 1 sector fell 2.75%, with Zcash (ZEC) rising 3.52% intraday; the DeFi sector fell 3.73%, with Beldex (BDX) rising 13.63% within the sector; the PayFi sector fell 3.74%, but Bitcoin Cash (BCH) rose 3.33%; the Layer 2 sector fell 4.44%, with Zora (ZORA) falling 12.56%; the Meme sector fell 4.76%, with Pump.fun (PUMP) falling 10.90%.

Since hitting $6,800 over a week ago, Bitcoin (BTC) has exploded higher, registering massive gains against the U.S. dollar as bulls have made their presence known in this new year. At the recent rally’s peak, the price of the leading cryptocurrency was $8,450, up some 25% from the bottom.

Related Reading: Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta Despite this strong surge, a key indicator, the Tom DeMark Sequential (better known as the TD Sequential), recently printed a bearish signal. According to a Telegram alerts channel tracking the time-based indicator, which predicted Bitcoin’s bottom at $3,200 in 2018 and the top at $14,000, the BTC/USD chart just printed a “Sell Quasi 9” on the daily.

Although “Sell 9” candles are often lead to strong reversals, for they show that a trend has exhausted, analysts aren’t too concerned, for there is a flurry of other technical signals suggesting that bulls are decisively in control.

Related Reading: Ethereum’s Price Chart Just Printed This Extremely Bullish Signal Bitcoin Bulls Decisively In Control There are a number of signals suggesting Bitcoin is poised to head higher, no matter what the TD Sequential suggests.

Per previous reports from NewsBTC, a trader going by Storm remarked that according to a  key trend indicator on the four-hour BTC chart, bulls remain in control, adding that he thinks it’s thus worth buying the cryptocurrency between $7,700 to $7,900.

The indicator he mentioned is relevant as it flipped green in the middle of February and didn’t flip over to a bearish reading until September or so, giving those tracking it a chance to bag 300% profits on a Bitcoin trade.

Not to mention, the Lucid Stop and Reversal system recently printed a buy signal on the weekly candle for Bitcoin, which was a signal last seen in March of 2019, and has outperformed BTC by over 1,000% since August 2018, per trader Financial Survivalism.

Historical chart analysis agrees with the positive fundamentals. As noted by analyst Nunya Bizniz, in previous cycles the four months out from Bitcoin’s halvings have always been extremely bullish for the price of BTC. 

This simple historical analysis, which is backed up by the fact that investors attempt to “front-run” the halving by buying Bitcoin beforehand, suggests that the crypto market may soon explode higher ahead of the halving, potentially entering into a parabolic uptrend.

Bitcoin is about 120 days away from the halving.

What was price action like 120 days prior to the first two halvings?

Whether you believe its priced in or not, if past is prologue – volatility may be expected. pic.twitter.com/7peG6Ir0m4

— Nunya Bizniz (@Pladizow) January 10, 2020

So even if there is understandably some bearish retracement from current prices levels, analysts are still bullish on Bitcoin from a more medium-term perspective.

Related Reading: This Late Night Host Just Exposed Millions to Bitcoin, Again Featured Image from Shutterstock

StormX has expanded its range of crypto rewards services into mobile online shopping. Users of the micro-task platform can now earn cashback in cryptocurrencies when they shop with their favorite brands on their smartphones. StormX has expanded its range of crypto rewards services into mobile online shopping. Users of the micro-task platform can now earn cashback in cryptocurrencies when they shop with their favorite brands on their smartphones. StormShop connects with over 400 leading online retailers, offering users up to 40% cashback on their purchases. 

Cashback rewards for online shopping are already available via browser plugins from StormX or other platforms such as Lolli or Bitcoin Rewards. However, StormX has built a global 2.5 million-strong user base by offering the opportunity to earn rewards through micro-tasking - completing small tasks such as participating in short surveys and getting paid in crypto for doing so. Given how well this service lends itself to a smartphone app, it makes sense that StormX is now integrating its StormShop feature into the existing mobile app. 

Like the micro-task platform StormPlay, StormShop also offers users the opportunity to redeem their rewards in Bitcoin, Ether, Litecoin, Dai, or STORM tokens. StormShop has already onboarded big-name brands such as Samsung and Microsoft, and it seems likely that more will be added over time. 

Speaking to CryptoDaily about the mobile rollout of StormShop and its effect on crypto adoption, CEO and co-founder Simon Yu said: 

“There has been an interest among many people on Bitcoin and cryptocurrencies but it has always tied to a speculative investment. Through our products at Storm, we’re allowing users to earn cryptocurrency easily without having to risk their money.”

Driving AdoptionOffering users rewards in cryptocurrency could be a powerful way to increase adoption. The most obvious draw is free cryptocurrency - a user only needs to enter their wallet address, and they can start earning. However, there are other potential attractions, one of the most notable being brand endorsements. The involvement of prominent tech firms such as Microsoft is likely to create trust among other retailers, making them more likely to sign on for a crypto rewards program. 

Furthermore, if users see their favorite brand names on crypto reward programs, they’re more likely to participate, thus becoming crypto users. It’s a safe and straightforward way to get into crypto that doesn’t involve having to use an exchange at the first step. 

Integrated Mobile WalletsAlong with participating in crypto cashback programs, Samsung is doing much to drive cryptocurrency adoption among its smartphone users. The next edition of the flagship Galaxy phone, the 5G-enabled S20, will come with a cryptocurrency wallet pre-installed. It will enable users to buy Bitcoin and other cryptocurrencies with just a few taps on their screen. The wallet also provides secure storage for private keys to other wallets. 

The impact of this shouldn’t be underestimated. Samsung boasts the largest share of the smartphone market, having shipped close to 300 million units over 2019. By providing a built-in wallet, Samsung is removing one of the last barriers to entry for newcomers to cryptocurrency. Using an app to earn free rewards in digital assets, users can start accumulating cryptocurrencies without having to open any other wallet or exchange accounts. 

The number of cryptocurrency wallets has been increasing steadily over recent years. However, integrating blockchain and cryptocurrencies into mainstream devices already owned by billions of people, combined with the trust factor in brands like Samsung, could be the catalyst needed to propel cryptocurrency into the mainstream. 

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Web3 privacy-focused infrastructure provider Nym Technologies has joined Liquid Federation to support the growing Bitcoin layer-2 ecosystem, according to an April 18 statement shared with CryptoSlate.

The Liquid Federation is a group of crypto-native organizations, including exchanges, trading desks, and developers, that perform vital tasks for the premier Bitcoin sidechain, Liquid Network.

‘Enhancing privacy'As part of its engagement, Nym Technologies assumes a crucial role as one of the 15 dispersed functionary node operators for Liquid Network.

These specialized nodes, housed in tamper-proof Hardware Security Modules (HSMs), are crucial in managing the Liquid Network's core infrastructure and transactions. This includes proposing and signing blocks, overseeing the two-way Bitcoin peg, and safeguarding the network's BTC reserves through a distributed multi-signature wallet.

Meanwhile, the collaboration between Nym, the Liquid Federation, and Blockstream, the Liquid's technical provider, signifies the first step towards a broader vision.

As per the official statement, the partnership aims to integrate Liquid functionality into the Nym mixnet, bolstering transaction confidentiality during transit and elevating privacy standards for Bitcoin layer-2 users.

Nym's mixnet is a foundational privacy infrastructure at layer-0, adaptable to any blockchain and adept at concealing traffic, fortifying privacy, and enhancing security for users and validators alike.

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Dr. Adam Back, CEO and co-founder of Blockstream, said:

“Liquid's Confidential Transactions, which rely on homomorphic encryption, are designed to keep transaction details confidential while protecting the network's integrity and security. Nym's decision to become a Liquid functionary underscores our shared commitment to enhancing privacy within the Bitcoin layer-2 ecosystem”

Harry Halpin, CEO of Nym Technologies, expressed excitement about Nym's closer collaboration with Liquid and Blockstream following years of diligent development.

Notably, the partnership coincides with the impending fourth Bitcoin halving event, which would reduce block rewards to 3.25 BTC.

SPCX Shares Push Elon Musk to First Trillionaire Status In $150 Open

Investors increasingly appear to be willing to prioritize growth opportunities over defensive positioning.

Bitcoin (BTC) and gold are the only two major asset classes in the red so far in 2026, posting year-to-date losses of 27% and 3%, respectively, according to market analyst Charlie Bilello.

What makes it unusual is not just the losses themselves but the combination, with both assets never having finished as the two worst performers among the majors in a calendar year, going back to 2011.

Rotation Showing Up Across Markets The backdrop makes the situation harder to explain, as Bilello pointed out in a recent market report. Data he shared showed the S&P 500 was up around 9% on the year, and small-cap stocks had gained 19% in the same period. Furthermore, he noted that value stocks have jumped 15%, and emerging market equities were outperforming expectations.

Basically, everything is in positive territory except for gold and BTC, the two assets most commonly associated with protection against uncertain times as well as monetary debasement.

The analyst’s chart, which has tracked annual returns for the last 15 years, showed just how out of character this performance is for both assets. Gold posted gains of 63.7% in 2025 and 26.7% in 2024, while Bitcoin returned 121% in 2024 and had one of its best showings in 2013 when total returns hit 5,500%.

Looking at the long-run numbers, they’re also quite impressive, with BTC’s cumulative returns since 2011 sitting at 21,000,000%, annualized at 121.6%, while gold has returned 179% in total over the same period. And while the current drawdown doesn’t erase that history, it’s certainly raising questions about what role these assets are playing in 2026.

According to Bilello, part of what’s happening is down to rotation, with the tech sector seeing a 28% outperformance vs. the S&P 500 off the March lows, which he says is the largest such move ever recorded, being even bigger than the 1999-2000 dot-com run.

You may also like: Bitcoin (BTC) Dips Below $62K, Ethereum (ETH) Plunges 6% Daily: Market Watch Saylor Should Stop Buying Bitcoin, Says CryptoQuant Bitcoin Holds Key Price Floor Despite Weak Bullish Signals: Bitfinex Alpha Tech now accounts for close to 40% of the S&P 500, some way above the 35% peak seen at the height of the dot-com bubble, and in such an environment, the market observer says capital has opted to move to assets with earnings momentum rather than staying on stores of value with little to no yield.

Price Action in Gold and BTC At the time of writing, the world’s foremost cryptocurrency was trading above $66,000, having touched $67,000 for the first time in two weeks earlier in the day. That uptick followed news that the United States and Iran were due to sign a peace deal later in the week in Switzerland, which briefly lifted sentiment across risk assets.

Gold, meanwhile, is trading around $4,300 per troy ounce, with a weekly range between $4,025 and $4,340, and a 3% year-to-date dip that looks modest when compared to the cryptocurrency’s, even though it still represents an unusual reversal for an asset that spent much of the last two years at or near record highs.

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Crypto market broadly declines, BTC falls below $63,000, but NFT sector bucks the trend

After smashing the $100k mark, Bitcoin (BTC) managed to maintain its bullish momentum  as it is now targeting the $110k resistance level. This might help instill more bullish sentiment in the market that has the potential to allow multiple cryptos turn their charts green. Among them, Nebula Stride (NST) seems to be a strong contender, considering its offerings. 

Will Bitcoin cross $110k soon? The Bitcoin price witnessed a more than 16% price hike in the last seven days. Thanks to that, the king of cryptos was trading at $108k with a market capitalization of over $2.14 trillion. IntoTheBlock’s data revealed that 54.17 million BTC addresses were in profit, which accounted for 100% of the total number of BTC addresses. In fact, latest data revealed that the chances of BTC price going further up are high.

The Bitcoin Rainbow Chart pointed out that the coin’s price was in the accumulation zone. This opens up an opportunity for investors to stockpile BTC at an attractive price. In fact, investors took this opportunity to accumulate in the last 24 hours. This was evident from BTC’s dropping exchange reserve—a sign of a possible price hike in the coming days. 

Source: CryptoQuant Nebula Stride: A new contender that can explode  While BTC inches towards the $110k mark, Nebula Stride (NST) is also making headlines. By creating user-friendly infrastructure and concentrating on the real-world economic front, Nebula Stride allows for fractional ownership of tangible assets, creating access to a multi-trillion-dollar industry that was previously only available to the affluent.

This real-world anchor could drive a substantial price surge and fuel massive investor adoption of NST—allowing the crypto and the blockchain to become one of the pioneers in the industry going forward. 

Additionally, NST serves institutional funds and individual investors looking for tangible assets, which are supported by a wide-ranging ecosystem in the Real-World Assets (RWA) sector.

The token’s price, currently $0.02, holds high potential returns as the platform scales and tokenization gains traction, offering a low entry barrier with significant upside.

Key Takeaways! Latest data revealed that Bitcoin is on the right track to cross the $110k mark. In the meantime, Nebula Stride (NST) is also gearing up to become a major player in the crypto space. NST showcases its robust capabilities, which can create buzz soon. Ergo, investors shouldn’t miss out on this token, as the possibility of Nebula Stride (NST) skyrocketing are high.

​​Links to official resources:

Website: nebula-stride.com Presale: https://presale.nebula-stride.com Telegram: https://t.me/NebulaStrideOfficial Twitter/X: https://x.com/NebulaStridePr Discord: https://discord.com/invite/nebulastride Visit the official presale page and grab Nebula Stride!

The STRD offering marks the company's third preferred instrument as it continues building a structured and diversified capital stack anchored in Bitcoin exposure.

STRD delivers a fixed 10% dividend with perpetual duration and ranks below Strategy's senior preferred instrument (NASDAQ:STRF), but above the firm's common equity.

It is structured to sit at the riskier end of the firm's yield curve but compensates investors with its highest payout to date among Strategy's preferred options.

Unlike (NASDAQ:STRF), which prioritizes capital preservation and mimics the risk profile of investment-grade fixed income, STRD is intended for investors seeking higher returns despite increased subordination.

Meanwhile, Strategy's other product STRK (NASDAQ:STRK) offers an 8% dividend and the added benefit of convertibility, placing it squarely between STRF and STRD in terms of both yield and risk.

Strategy's common stock MSTR remains the base layer of its capital stack, functioning as the firm's core vehicle for leveraged Bitcoin exposure.

The STRD issuance is non-callable in typical market conditions, though it may be repurchased if certain events occur, such as a major corporate restructuring or tax-related change.

Also Read: Michael Saylor’s Strategy To Outperform Bitcoin? Here’s How It Could Happen

Dividends will be distributed quarterly, in cash, but only at the discretion of the board.

The firm claims STRD compares favorably to other high-yield investment vehicles on the market.

This new product aligns with Strategy's broader push to merge structured financial instruments with crypto exposure.

The goal: deliver yield, diversification and exposure to digital assets in formats that fit traditional investment portfolios.

According to the company, the launch of STRD further extends its commitment to modernizing capital formation strategies using a layered and yield-tiered approach rooted in both crypto conviction and financial discipline.

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Strategy raised $979.7M by pricing 11.76M STRD shares at $85 each. STRD offers a fixed 10% non-cumulative dividend with no conversion option. Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds.

Initially targeting $250 million, the Strategy significantly increased the offering in response to investor interest. The STRD shares will settle on June 10, pending standard closing conditions. This marks the third preferred stock product from Strategy in 2025, following STRK and STRF.

Unlike STRF, which offers a 10% cumulative dividend, and STRK, which pays 8% with a conversion option, STRD delivers a fixed 10% non-cumulative dividend. Therefore, missed payments on STRD won’t accrue. Also, unlike STRK, STRD cannot convert to common shares.

Strategy’s $1B STRD Move Fuels Bitcoin Push Michael Saylor, Strategy’s executive chairman, described STRD as the “fourth gear” in the company’s “Bitcoin engine.” According to him, the offering adds a high-yield credit product with limited Bitcoin price sensitivity.

The proceeds will fund general corporate activities, primarily Bitcoin purchases. On June 1, Strategy added 705 BTC for around $75.1 million using proceeds from prior STRK and STRF ATM sales. The firm now holds 580,955 BTC, worth over $60 billion, at an average price of $70,023.

Strategy tapped major financial institutions like Morgan Stanley, Barclays, and TD Securities to manage the STRD offering. The stock is listed on the Nasdaq, ensuring public investor access.

Previously, the company has acquired 4,020 BTC for $427.1 million between May 19 and May 25. However, recent activity suggests a slower pace of accumulation. Analysts at K33 noted reduced momentum, citing MSTR’s narrowing premium and increasing competition in Bitcoin treasury strategies.

Strategy’s shares rose 2.6% in early trading, reaching $378.26. Bitcoin currently trades at $104,638, showing signs of stability following a recent dip. With STRD, Strategy aims to maintain its lead in institutional Bitcoin adoption.

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Strategy has announced plans to raise up to $4.2 billion through sales of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) to fund additional Bitcoin purchases, marking another major capital raise as institutional Bitcoin adoption accelerates.

According to a company filing on July 7, the at-the-market (ATM) program will allow Strategy to sell STRD shares over an extended period, with proceeds earmarked for Bitcoin acquisition and general corporate purposes. The announcement comes as the firm reported $14.05 billion in unrealized gains for Q2 2025.

“The institutional landscape has fundamentally transformed. From Strategy’s 597,325 BTC holdings to Metaplanet’s 15,555 BTC and Deutsche Bank’s custody plans, we’re seeing unprecedented institutional engagement across markets.

Strategy raised $6.8 billion through various capital markets activities in Q2, including preferred stock offerings and common stock sales. The company maintains significant capacity for future issuances, with $18.1 billion remaining under its 2025 Common ATM, $20.5 billion under STRK ATM, and $1.9 billion under STRF ATM.

The STRD offering represents Strategy’s fourth gear in its Bitcoin acquisition engine, according to Chairman Michael Saylor, targeting yield-focused investors seeking high returns with collateral coverage. The company previously raised nearly $1 billion through STRD sales in early June.

Strategy’s disciplined approach to capital raising has created a blueprint for institutional Bitcoin adoption. Their multi-instrument strategy allows various investor types to gain Bitcoin exposure while funding continued accumulation.

Strategy now holds more than 2.8% of Bitcoin’s total supply, with its holdings valued at approximately $65 billion. The firm’s shares traded down 0.58% while writing this article, as Bitcoin held near $108,000.

Vivek Sen

Vivek has been fascinated by Bitcoin since he discovered it in 2016. He also runs a Bitcoin marketing agency, Bitgrow Lab, and he used to work at a Bitcoin VC fund, Lightning Ventures. He loves growth, marketing, startups, and writing. He is an EU news reporter for Bitcoin Magazine.

MicroStrategy Doubles Down on Bitcoin Despite Recent Price Struggles

Bitcoin hasn’t done well in the past two days; since hitting $9,200 on Saturday, the cryptocurrency has plunged as low as $7,600, more than 17% lower than the weekend high, in a move that has liquidated over $200 million worth of BitMEX long positions in the process.

The move undoubtedly caught traders off guard, hence the massive amount of liquidations. But, there are some weighing in on what crashed Bitcoin.

Bitcoin’s Drop May Be Hedge Funds According to Raoul Pal — CEO of finance media startup Real Vision, former Europe hedge fund sales lead at Goldman Sachs, and a long-time Bitcoin adopter (since 2013) — BTC’s weakness may be related to hedge funds. He explained in a tweet published on Monday:

“It feels like any hedge fund that was long bitcoin is having to liquidate. VAR takes no prisoners. (For those new to VAR it is the measure of risk in a portfolio and is connected to volatility, so as vol goes up of all assets, they have to reduce risk).”

It feels like any hedge fund that was long bitcoin is having to liquidate. VAR takes no prisoners. (For those new to VAR it is the measure of risk in a portfolio and is connected to volatility, so as vol goes up of all assets, they have to reduce risk). $BTC #Bitcoin

— Raoul Pal (@RaoulGMI) March 9, 2020

Indeed, BTC’s volatility, per data from Skew, has spiked over the past few days as the market has trended lower, likely shifting allocations.

While Pal sees weakness due to the hedge fund narrative, he did remark that Bitcoin’s drop is a “buying opportunity,” adding that the current situation in the fiat markets is “accelerating the need for a new financial system over time. We know where this is leading to – the digital revolution.”

There Are Other Crypto Catalysts Although this move may partially be hedge funds deleveraging their portfolios, there are other potential catalysts sending Bitcoin lower, as shared by prominent crypto analyst Jacob Canfield. 

The COVID-19 outbreak: after an extremely strong rally over the past few months, markets across the board, from American stocks (Dow Jones, S&P 500, etc.) to crypto-assets, were dealt serious blows over the past few weeks. Although some have said that the collapse in the price of Bitcoin is not correlated with the sell-off in other markets, analysts have observed an absence of volume in mainstream crypto markets since the outbreak started. This suggests there is a strong absence of liquidity, increasing the chances of a crash like the one we just saw occurring. Bitcoin miners are hoarding coins: Charlie Morris, founder of a crypto analytics platform, ByteTree, recently suggested that miners hoarding BTC has historically coincided “with negative returns and reflects a weaker market bid.” PlusToken scam moves coins again: Bitcoin blockchain researcher Ergo found that the wallets of PlusToken — the multi-billion-dollar crypto scam that last year folded and purportedly caused the mini bear market — deposited 13,000 BTC (worth over $100 million) into privacy mixers earlier this week. The scammers previously did this prior to sending the mixed funds to exchanges, which were then presumably sold for fiat or a fiat equivalent. Featured Image from Shutterstock

Posted: March 28, 2020

The Bitcoin halving is now less than 46 days away and is the most anticipated one yet. ‘Anticipated’ due to the recent drop in Bitcoin’s price and the sordid state that the miners are in.

Bitcoin Miners are without a doubt the backbone of the community and help keep the network running. For this, the miners are rewarded with Bitcoins which are sold on the open market. Halving is set to take place once every four years, to control the amount of BTC flowing into the market. Hence, every 4 years, the block reward is halved.

Depending on the price, the miners can profit from selling BTC or register a loss. Hence, Bitcoin’s price always plays a crucial role in determining the health of the mining industry. Ergo, in light of the drop in Bitcoin’s price before the halving, it is interesting to see how the miners react. In fact, some argue that miners stood tall and did not falter during the recent dip.

Coup de grâce A study by Blockware Solutions revealed what the next Bitcoin halving could “trigger,” and it is nothing less than a coup. According to the study, the mining network is classified into layers, depending on the electricity costs [since electricity constitutes 95% of the costs miners bear].

At present, miners with lower electricity costs are largely profitable and hence, the need to upgrade to new mining rigs is low. However, miners with higher electricity costs are relatively less profitable.

“For Layers 1 & 2, the opportunity cost of Bitcoin/Balance Sheet depletion in exchange for a lower cost of production by upgrading their mining rigs is not favorable based on the present percentage of old mining equipment still on the network.”

The development of “Next Generation Mining Rigs” like Bitmain’s S17 Pro 50T can give miners in the lower layers an edge, especially since the newer mining rigs produce more hash power while consuming less electricity.

“Each S17 Pro 50T deployed is the equivalent hash power of four S9 13.5T mining rigs.”

Due to the new mining rigs, the advantage of miners with lower electricity costs is reduced. The study concluded by stating that after the halving, “layers 1 & 2 will remain competitive with old mining rigs as long as other layers are using old mining rigs.” However, if other layers move to Next Generation Mining Rigs, then,

“layers 1-2 will then be forced to upgrade… The Halving will likely be the trigger for this event”

Hence, if layers 1-2 slack off, then they might face a coup since mining is about survival and being more competitive than peers.

The Bitcoin halving event is a significant occurrence in the crypto world. It occurs roughly every four years, reducing the Bitcoin mining block reward by half. The history of Bitcoin halvings shows that the event impacts the supply and demand mechanics and price of Bitcoin. Since Bitcoin was created, there have been three halving events, with the fourth expected to occur in April 2024. 

Here’s everything you need to know about Bitcoin’s halving history, including what the halving event is, common misconceptions about it, and what to expect in 2024. 

Methodology In selecting the best platforms for users to buy Bitcoin BeInCrypto considered factors such as ease of use, security features, trading tools, deposit methods, commissions, and additional features offered by the platforms. BeInCrypto’s product teams tested a number of leading exchanges over a period of six months before narrowing down the top options. Here’s why we chose each.

1. Coinbase:

Coinbase’s user-friendly interface makes it accessible to both beginners and experienced traders. The platform’s intuitive design simplifies the buying process, allowing users to purchase Ethereum with ease.

Coinbase also provides users with advanced trading tools and charts, empowering them to make informed decisions. These tools enable users to analyze market trends and execute trades effectively.

Security is paramount when it comes to purchasing Ethereum and any other crypto. Coinbase employs state-of-the-art encryption protocols to safeguard users’ funds and personal information, providing peace of mind to investors.

2. OKX:

OKX stands out for its support of leverage trades, catering to both casual investors and seasoned traders looking to maximize their returns. This feature enhances the platform’s appeal to a wide range of users.

The global platform also offers multiple deposit methods, providing flexibility and convenience to users worldwide.

OKX also notably offers competitive commissions, allowing users to trade Ethereum cost-effectively. Lower fees translate to higher potential returns for investors, making OKX an attractive choice.

3. BDYFi:

With advanced security measures and an easy to use interface, BYDFi suits crypto traders looking to explore the world of spot markets, derivatives, and leverage. The platform supports over 250 cryptos and allows traders to make transactions without KYC registration, perfect for those looking for privacy.

Whether users prioritize simplicity, trading flexibility, or additional features, these platforms cater to diverse needs, providing a comprehensive solution for Bitcoin investors.

To learn more about BeInCrypto’s verification methodologies, follow this link.

In this guide:

Where to buy Bitcoin before the halving?What is Bitcoin halving?How does the four-year cycle of Bitcoin work?Common misconceptions about Bitcoin halving The history of Bitcoin halvingsOverview of all Bitcoin halvingsBitcoin halving history: Key eventsWhat to expect in 2024’s Bitcoin halving?How many more Bitcoin halvings will there be?What happens after the last Bitcoin halving event in 2140?How to prepare for a halving event How do Bitcoin halvings affect the price of BTC?What can the Bitcoin halving history tell us?Frequently asked questionsWhere to buy Bitcoin before the halving?The Bitcoin halving countdown is on. Before we dive into the history of Bitcoin halving, here are a few recommended platforms where you can pick up BTC ahead of this seminal event.

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What is Bitcoin halving?The Bitcoin halving event, also called the Bitcoin block reward halving, is a periodic event in which the block rewards are reduced for Bitcoin miners by half. 

The halving event occurs once 210,000 blocks have been mined on the Bitcoin blockchain. Each miner receives a specific amount of Bitcoin once they mine a block on the Bitcoin network. When the Bitcoin halving event occurs, this amount is reduced by half.  

The Bitcoin halving is an essential part of the Bitcoin ecosystem, so much so that there is an active countdown each time it is expected to occur. Bitcoin was created with a deflationary mechanism and a fixed supply of 21 million coins. This means there can only ever be 21 million Bitcoins. As of mid-April 2024, over 19 million BTC have been mined. The reward halving was programmed into Bitcoin’s code to occur similarly until all 21 million coins were mined.  

It’s expected that there will be 32 Bitcoin halving events. To date, there have been three. The first Bitcoin halving event occurred in November 2012, and the block reward was halved from 50 BTC to 25 BTC. In July 2016, the second halving event took place. The block reward was halved from 25 BTC to 12.5 BTC. The third halving event occurred in May 2020, and the block reward was halved from 12.5 BTC to 6.25 BTC.  

The fourth Bitcoin halving event is expected to take place in April 2024. The block reward will be halved from 6.25 BTC to 3.125 BTC. The last halving event is scheduled to take place in 2140, the year when the last BTC will be mined. Once the last halving event occurs, Bitcoin miners will exclusively earn transaction fees. BTC users will pay this as an incentive to continue securing the Bitcoin blockchain and validating transactions. 

How does the four-year cycle of Bitcoin work?As a potential BTC investor, it’s essential to understand how Bitcoin’s four-year cycle works so that you can choose which Bitcoin halving investment strategies to employ and how to invest in BTC. 

Halving cycles began in 2009 when Satoshi Nakamoto, the creator of Bitcoin, mined the first block of Bitcoin. This was known as the Genesis block. In the early days after its launch, bitcoin had no monetary value, and people needed to be motivated to participate in mining. After the Genesis block, early miners were rewarded 50 BTC for every successful Bitcoin block they mined. 

It’s important to note that although Bitcoin didn’t really have any value at this point, the launch of the first-ever Bitcoin exchange in March 2010 (BitcoinMarket.com) led to an interest in this new digital currency. The Bitcoin price surpassed $1 in 2011 and experienced an upward trend after that.

With the fourth halving event set to occur this month, the process will continue until all 21 million Bitcoins have been mined. The table below summarizes the Bitcoin halving events so far.

EventDateBlock numberBlock rewardBTC created per dayLaunch of BTCJanuary 2009050 BTC7,200First halvingNovember 2012210,00025 BTC3,600Second halvingJuly 2016420,00012.5 BTC1,800Third halvingMay 2020630,0006.25 BTC900Fourth halving~April 2024840,0003.125 BTC450The halving event creates scarcity, which is supposed to impact the value of Bitcoin, causing it to experience a price increase gradually over time. Its occurrence creates an increased demand for bitcoin despite its diminishing rate of new creation, which results in an upward price increase. 

Although the Bitcoin halving history has always shown an increase in the price of Bitcoin around 12 to 18 months after each event, investing in Bitcoin shouldn’t be done mindlessly. An up-to-date Bitcoin technical analysis can help you make an informed buying and selling decision while considering other market drivers.   

Common misconceptions about Bitcoin halving Although the Bitcoin halving process is a much-awaited event in the crypto market, it’s also an event that’s shrouded by various misconceptions. Below are some of the more common ones:

Bitcoin halving results in an instant price increase: The halving history has always impacted the price of Bitcoin. However, these price increases have not always been as immediate as many people tend to think. Instead, the gains tend to be influenced by factors beyond the halving event. In addition, the price increase tends to be gradual, spanning several months.  Bitcoin halving leads to miner exits: Another big misconception surrounding halving events is that BTC mining will become unprofitable, leading to a mass exit of miners. However, this is not the case. Adjustments in the mining difficulty can help support a miner’s profitability (due to an increasing price) while also maintaining the protocol’s operational stability.  Bitcoin halving is specific to Bitcoin: Although the Bitcoin blockchain was the first to implement the halving mechanism, the process is not unique to Bitcoin only. Other digital currencies like Litecoin, Bitcoin Cash and Dash have incorporated similar techniques to regulate their coins’ inflation. Bitcoin halving is priced beforehand: Many believe the halving event is always already priced in. While the anticipation of the event can affect the price of Bitcoin, the intricacy of external factors and market dynamics indicate that the impact of the halving event cannot be fully recorded in advance.  Bitcoin halving results in increased transaction fees: Some crypto enthusiasts assume that the halving event leads to increased transaction fees, given that the block rewards diminish. However, this is different, as the available block space and demand influence network fees. Although network fees might surge, the change isn’t entirely dependent on the Bitcoin halving events.  Bitcoin halving guarantees BTC’s lasting value: While it would be great to see the value of a digital asset like Bitcoin constantly appreciate, halving does not guarantee this. Several factors influence Bitcoin’s value, such as market sentiments, regulatory changes, and technological advancements.  The history of Bitcoin halvingsTo date, three Bitcoin halving events have occurred since the digital asset was launched in 2009. Halving events have gradually impacted the price of Bitcoin, a trend that many BTC holders and investors hope will continue. 

Every Bitcoin halving event has led to increased media attention, significant price volatility, and speculative anticipation leading up to and after the event. That said, let’s have a look at the overview of all Bitcoin halvings below.

Overview of all Bitcoin halvingsBelow is a table of all Bitcoin halving events and the year they are expected to occur. Please note that some figures have been rounded off. 

Est. YearBlock numberBlock rewardNew BTC minedTotal BTC mined2009050002012210,0002510500000105000002016420,00012.55250000157500002020630,0006.52625000183750002024840,0003.12513125001968750020281,050,0001.56256562502034375020321,260,0000.781253281252067187520361,470,0000.390625164062.520835937.520401,680,0000.195312582031.2520917968.7520441,890,0000.0976562541015.62520958984.3820482,100,0000.04882812520507.812520979492.1920522,310,0000.024414062510253.9062520989746.0920562,520,0000.012207031255126.95312520994873.0520602,730,0000.0061035156252563.47656320997436.5220642,940,0000.0030517578131281.73828120998718.2620683,150,0000.001525878906640.869140620999359.1320723,360,0000.0007629394531320.434570320999679.5720763,570,0000.0003814697265160.217285220999839.7820803,780,0000.000190734863280.1086425820999919.8920843,990,0000.000095367431640.0543212920999959.9520884,200,0000.000047683715820.0271606420999979.9720924,410,0000.000023841857910.0135803220999989.9920964,620,0000.000011920928955.00679016120999994.9921004,830,0000.0000059604644752.50339508120999997.521045,040,0000.0000029802322381.2516975420999998.7521085,250,0000.0000014901161187.50.625848770120999999.3721125,460,0000.0000007450580593.750.312924385120999999.6921165,670,0000.0000003725290296.8750.156462192520999999.8421205,880,0000.0000001862645148.43750.0782310962720999999.9221246,090,0000.0000000931322574.218750.0391155481320999999.9621286,300,0000.0000000465661287.1093750.0195577740720999999.9821326,510,0000.0000000232830643.55468750.00977888703320999999.9921366,720,0000.0000000116415321.77734380.0048894435172100000021406,930,0000.000000058207660.888671880.00488944351721000000Bitcoin halving history: Key eventsNow that you have an overview of all Bitcoin halving events, past and future, let’s discuss the three that have already occurred. 

The first Bitcoin halving: November 2012The first ever Bitcoin halving event occurred in November 2012, marking an important part of the digital asset’s history. Let’s take a look at the before and aftermath of the first halving event:

Key data:Date: November 28, 2012

Total supply: Before the first halving event, Bitcoin had a total supply of over 10.5 million coins. 

Block rewards: Miners were rewarded 50 BTC for every new Bitcoin block they successfully mined before the halving event. 

Price of Bitcoin: Before the event, the price of Bitcoin was at roughly $12.35.

Block number: The halving event occurred after 210,000 blocks of Bitcoin had been mined. 

Bitcoin price movements According to data on CoinMarketCap, before the first halving event, the price of BTC was around ~$12. Following the halving, the price of Bitcoin began to increase gradually. By the end of March 2013, it had surged to nearly $90. This first Bitcoin halving event paved the way for an ensuing bull run. 

Bitcoin price: CoinMarketCapKey takeaways  The event reduced the Bitcoin block reward from 50 BTC to 25 BTC. This led to an adjustment to the difficulty of Bitcoin mining, making Bitcoin scarcer as the rate of new BTC entering circulation was reduced.  The first halving event created much anticipation for subsequent ones, as it impacted the price of BTC, gradually increasing it. So, while the increase wasn’t instant, 2013 achieved the highest price of over $1,000 since its launch in 2009. This event also set the pace for future halving events.  Since the first halving event, Bitcoin has undergone a significant evolution. This has seen it grow to become the biggest digital currency by market cap and innovate to compete fairly with other cryptocurrencies.  The second Bitcoin halving: July 2016Four years later, in July 2016, the Bitcoin network underwent its second halving event. Let’s examine what transpired before and after the event.

Key data:Date: July 9, 2016.

Total supply: Before the second halving event, there were around ~15.7 million coins in circulation. 

Block rewards: The block rewards for miners reduced from 25 BTC to 12.5 BTC. 

Price of Bitcoin: The Bitcoin price was slightly over $650

Block number: The halving event occurred after 420,000 blocks of Bitcoin had been mined.

Bitcoin price movements The second halving event in Bitcoin’s halving history set the momentum for significant price fluctuations. In early 2017, the price of Bitcoin grew to roughly $1,000. At the end of 2017, Bitcoin’s price had surged to over $17,000 by December 2017. The notable price surge was a result of various factors, including market sentiment and media coverage, among others.

Bitcoin price: CoinMarketCapKey takeaways  The second halving event reduced the block rewards from 25 BTC to 12.5 BTC, further emphasizing Bitcoin’s scarce nature. Bitcoin’s price surge also highlighted the impact of the halving events on Bitcoin’s price, making BTC an attractive store of value for BTC holders. In addition to the price increase, the second halving received significant media coverage and sparked conversation on social networks. This contributed to its adoption and continued growth and also shaped the Bitcoin narrative.  The third Bitcoin halving: May 2020Four years ago, in May 2020, the third halving event occurred. Let’s dive into the before and after effects of the third event.

Key data Date: May 11, 2020.

Total supply: Bitcoin’s total supply was at roughly 18.35 million coins before the halving event took place. 

Block rewards: The block rewards were reduced from 12.5 BTC to 6.25 BTC.

Price of Bitcoin: The price of BTC was slightly over $9,000. 

Block number: The halving event occurred after 630,000 blocks of Bitcoin had been mined.

Bitcoin price movements The third halving event significantly impacted the price of Bitcoin. The price of BTC gradually rose from around $9,000 before the halving event to around $27,000 by December 2020. 2021 was a good year for Bitcoin holders as it ushered in a bull run that saw the price of BTC skyrocket to trade at over $64,000 before it started declining as the crypto winter took hold.

Bitcoin price: CoinMarketCapKey takeaways  The third halving saw the mining reward reduce from 12.5 BTC to 6.25 BTC. In addition, it also helped to push the widespread adoption of Bitcoin among investors, given the diminishing number of coins entering the market.  The price increases experienced after this halving event established the role of halving events to the price of BTC. Increased interest from investors also made Bitcoin trend with the help of various memes.  Bitcoin continued to be recognized as an important store of value as it garnered increased attention from the general public, institutional investors, and the media.  The May 2020 halving event also reinforced Bitcoin’s importance within the wider financial sector. Bitcoin continued to innovate, introducing a wide variety of financial products such as Bitcoin options and futures.  What to expect in 2024’s Bitcoin halving?The fourth Bitcoin event is expected to occur in April 2024. There has been much anticipation leading up to it, with the price of Bitcoin rallying to reach an all-time high of $73,750 on March 14, 2024.

Miners production cost for 1 #Bitcoin right now is approx 50k$

In less than one week after halving, it will be approx 100k$

It means buying bitcoin at 60k$~ today is similar to buying it around 30k$ a few months ago

Maybe we chop few days after halving but it won't take much…

— CryptoVikings.HL (@CryptoVikings07) April 15, 2024 Besides the known drivers that impact the price of Bitcoin, a key development that impacted the price of Bitcoin in the last few months has been the approval of the Bitcoin ETFs by the U.S. Securities Exchange Commission. 

“The halving is the ultimate geek event for bitcoiners, but the 2024 iteration takes it up a notch because reduced supply combined with fresh ETF demand creates an explosive cocktail. What makes this halving unique is bitcoin has already surpassed the last cycle’s high — something it’s never done ahead of the quadrennial event — which makes trying to forecast the length and ferocity of this cycle much trickier.”

Antoni Trenchev, co-founder of Nexo: CNBC But even as the crypto community gears up for the fourth halving event, what exactly should you expect from the 2024 Bitcoin halving event?

Potential price volatility: Given Bitcoin’s speculative nature as a digital asset, the period around the halving tends to experience increased price volatility. Ergo, investors need to prepare for potential price swings as the market adjusts to the aftermath of the halved block reward.  Reduced block rewards: As with any other halving event, the fourth halving event will see the block reward reduce by half, from the current 6.25 BTC to 3.125 BTC.  Speculation and anticipation: The build-up to any Bitcoin halving event is always rife with anticipation and speculation on how the occurrence will impact the price of Bitcoin. If history is anything to go by, Bitcoin’s price has tended to increase in the lead-up to the event. Still, it’s important to note that various factors beyond the halving event influence the crypto market. Investors can use the cup and handle pattern to verify the potential of a price increase. Scarcity and supply: Halving events have always reinforced Bitcoin’s scarcity, attracting many new investors to BTC as “digital gold.” The reduced rate at which new coins enter the market causes an increased demand in BTC. This results in upward pressure on Bitcoin’s price and other digital assets. Nonetheless, this impact is not always instantaneous and tends to unfold over a couple of months and even years after the halving.  Heightened institutional interest: The period preceding the event has already experienced growing interest from institutional investors keen on finding suitable Bitcoin and crypto mining stocks to invest in. With the halving, it’s anticipated that the interest will expand and witness increased participation from more established corporations, financial institutions, and investment firms that have adopted BTC as an investment instrument.  Regulatory developments: With the hype surrounding halving events, it’s expected that there will be more calls for regulatory developments as BTC continues to experience widespread adoption. How many more Bitcoin halvings will there be?The last Bitcoin halving event is expected to occur in 2140. This is when the last BTC will be mined, and no new BTC will enter the market. In total, there will be 32 halving events. So far, only three halving events have taken place. This means that there are 29 more halving events left.

What happens after the last Bitcoin halving event in 2140?After the last Bitcoin halving in 2140, there won’t be any more Bitcoin that will be mined. It’s anticipated that this will be the year when the 21,000,000th BTC will be mined.

The Bitcoin protocol will transition to fully relying on transaction fees as the rewards that miners will receive. Given that 2140 is still far off, it’s unclear what the long-term impact will be on Bitcoin’s price, security, and overall role in the global financial system. Much of this remains speculative and will depend on various factors, such as broader economic conditions and technological advancements. 

How to prepare for a halving event There are various ways that investors can prepare for a halving event. Let’s take a look at some of the ways you can prepare for a Bitcoin halving:

Think long-term: Halving events has always resulted in some price volatility for BTC and other coins in the short term while showing significant growth in the long term. As such, investors need to adopt a long-term investment approach. Research: As always, investors need to do their own research before choosing to invest in a digital asset like Bitcoin. In addition, ensure you do your own analysis on broader economic conditions, investor sentiment, and market trends. This will help you have a clear grasp of past and upcoming halving events and historical price movements.  Manage your risk: Different investors have different risk tolerance and appetite. Before investing in crypto, ensure that you establish clear investment goals. Consider incorporating a risk-averse investment strategy such as the dollar-cost averaging or create a defense trading strategy based on various technical indicators such as the RSI indicator combined with Bollinger Bands, MACD, and others.    Diversify your portfolio: Investors can diversify their investment portfolio to include various digital assets. This will help to mitigate risks, given that Bitcoin’s price can be quite volatile. Although halving events historically have led to gradual price increases, there are no guarantees, and diversification can aid in protecting your investments.  How do Bitcoin halvings affect the price of BTC?Bitcoin halvings have historically been associated with bitcoin price increases. The reduced rate with which new BTC creation is achieved helps to create scarcity as the supply of new coins diminishes. This, in turn, tends to drive up the demand for bitcoin and, by extension, its price. 

However, a halving event does not always guarantee that it will immediately impact the price of bitcoin. Diversifying your portfolio and deploying various investment strategies can help protect your investments from volatile price swings in the market.

What can the Bitcoin halving history tell us?This guide to the Bitcoin halving history demonstrates that these events play an important role in the entire crypto market. Although they are subject to much-awaited anticipation and speculation, many savvy investors choose to focus on the coin’s long-term performance.

While the halving events tend to bring with them certain benefits, it’s important to note that as the block reward diminishes, there’s a chance that the changes could impact the protocol security and processing times. With the decreasing supply of new Bitcoin, demand tends to increase, which underscores the scarcity principle of bitcoin as “digital gold” and a store of value. The events have been known to be very pivotal and essential in the ongoing development of Bitcoin and its growth as a digital asset. 

Frequently asked questions Is halving good for Bitcoin? Yes, halving is good for Bitcoin. Bitcoin halving events have several benefits to the Bitcoin network. Reducing the rate at which new BTC is mined increase the level of scarcity, which impacts the price of Bitcoin. Moreover, halving events also typically attract new crypto investors, leading to increased trading activities.

Is Bitcoin halving every 4 years? Yes, Bitcoin halving was programmed to automatically self-execute roughly every four years once a set of 210,000 blocks had been mined. This will continue until all the 21,000,000 Bitcoin have been mined.

How many Bitcoin halvings are left? Currently, 29 Bitcoin halving events have been left. So far, three halving events have occurred since BTC’s inception in 2009. The first halving occurred in 2012, and the second and third in 2016 and 2020, respectively.

Will BTC go up after halving? Historically, the price of BTC has tended to go up gradually after a halving event. However, there are no guarantees that this will always be the case as the price of BTC is always influenced by factors like investor sentiment, market demand and supply, and technological advances, among others.

How high will Bitcoin go in 2024? As a digital asset, Bitcoin’s price is susceptible to various market conditions that make it volatile. Although the price of bitcoin reached an all-time high in March 2024, it’s nearly impossible to say how high it will be as various factors influence its price.

How much will 1 Bitcoin be worth in 2030? Several industry experts and crypto analysts speculate that Bitcoin’s price in 2030 will potentially be over $250,000, but there is no guarantee. Investors, therefore, need to tread very lightly and avoid investing using speculative prices only.

How high will Bitcoin go in 5 years? Current predictions suggest that Bitcoin could go as high as $100,000 or higher. However, there are no guarantees that this will happen as the price of Bitcoin is affected by several factors. In addition, there’s no way to know how the market will perform in five years.

Who owns the most Bitcoin? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoin at around 1.1 million coins spread across various Bitcoin wallet addresses. This is because he not only created BTC but also kickstarted Bitcoin mining.

Cardano founder Charles Hoskinson has hinted at teaming up with Bitcoin Cash (BCH).

On May 4, Hoskinson posted a poll on X asking people what they thought about Cardano (ADA) partnering with Bitcoin Cash to boost its performance using technology like proof of useful work (PoUW), non-interactive proofs of proof-of-work (NIPoPoW), and Ergo technology. 

In Hoskinson’s opinion, such upgrades could make BCH “the fastest and most useful” proof of work chain out there.

Hypothetical Poll:

Would you like to see Bitcoin Cash become a Cardano Partnerchain upgraded with Useful Proof of Work Leios, NiPoPoWs, and Ergo tech, thus being the fastest and most useful proof of work chain ever built?

— Charles Hoskinson (@IOHK_Charles) May 4, 2024 At press time, the poll — which still has six days to run — had been voted on more than 11,800 times. Some 66% of the voters want to see the Bitcoin Cash and Cardano partnership become a reality.

A day before putting up the poll, Hoskinson took to X, asking members of the Bitcoin Cash community to clue him in on what was going on on the development side of BCH and what some of the network’s near-term priorities were.

I'm curious about Bitcoin Cash's roadmap. Can anyone from the Bitcoin Cash community point me to what's happening on the Dev side and some of the near-term priorities?

— Charles Hoskinson (@IOHK_Charles) May 3, 2024 Hoskinson’s public interest in BCH comes on the heels of an altercation with MicroStrategy chairman and Bitcoin (BTC) maximalist Michael Saylor. 

The difference in opinion cropped up after Saylor stated that altcoins like Cardano, Solana (SOL), Ripple (XRP), and BNB will be classified as unregistered securities by the Securities and Exchange Commission (SEC) in the summer. 

Saylor also reportedly claimed that such altcoins will never be accepted by Wall Street in the manner Bitcoin has, following the SEC’s approval of spot Bitcoin ETFs in January.

Hoskinson fired back at Saylor on X, making it clear that Cardano can handle whatever comes its way. With a hint of sarcasm, the Cardano founder suggested Bitcoin maximalists had a tendency to look down on other cryptocurrencies, considering all of them “illegal and a scam.”

Bitcoiners: "Why is Charles attacking Bitcoin? Altcoiners are so Toxic."

Bitcoin Maxi's: "Literally everything but Bitcoin is illegal and a scam" https://t.co/Fd0fYyLWjn

— Charles Hoskinson (@IOHK_Charles) May 3, 2024 Bitcoin Cash came into existence in 2017 following a prolonged and sometimes heated dispute within the Bitcoin community about how to scale the blockchain. 

Bitcoin community members consider the cryptocurrency “digital gold” and emphasize its security and decentralization. They are less worried about the potential high fees and the limitations of using Bitcoin for payments.

On the other hand, supporters of Bitcoin Cash perceive their project primarily as digital cash. They believe BCH can compete effectively in payments without compromising its core properties or principles.

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As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump. However, by Friday, the BTC price experienced a correction, dipping to $68,830 amid a more cautious, risk-off sentiment as the election looms.

How To Trade Bitcoin During US Election Alex Krüger, an Argentine economist and renowned crypto analyst, shared his strategic framework on how to trade Bitcoin during the US election period via his X account. Krüger outlined scenarios based on possible election outcomes, highlighting that a Trump victory could propel Bitcoin to $90,000 by year-end with a 55% probability, while a win for Vice President Kamala Harris might see Bitcoin settle around $65,000 with a 45% probability. He emphasized that timing will matter: “Expect the move to be fast if Trump wins. Markets rarely waits for laggards on binary events not largely front-run.”

Krüger also noted that the current Bitcoin price, which he anticipated to be in the $65k-68k range leading up to election night, had “overshot” in alignment with the probabilities favoring a Trump victory. He pointed out the uncertainty surrounding the election results, primarily hinging on the Pennsylvania vote count, which could delay the announcement of a clear winner.

“It largely depends on the Pennsylvania count, if it is lopsided or not. It could be as early as Tuesday evening EST, or days later if the count is very tight. The sooner we get clarity, the easier it gets,” Krüger stated.

Regarding market sentiment, Krüger expressed a bullish outlook on equities regardless of the election outcome, unless there is an unexpected “Blue sweep” where Democrats secure both the presidency and congressional majorities. He explained that “equities drag Bitcoin around.”

In his personal investment strategy, Krüger revealed that he is positioned with long spots in Bitcoin and Nvidia, and plans to go long on Solana (SOL) if Trump wins. With this, Krüger is likely betting on a spot Solana Exchange Traded Fund (ETF) approval in the United States.

Krüger’s analysis suggests that the market has partially priced in a Trump victory, anticipating that a Trump administration could bolster the Bitcoin price. “Markets have partially priced a Trump victory in. We (the market, in aggregate) expect Trump to drive crypto prices higher due to increased regulatory clarity and implementation of pro-crypto policies,” the analyst wrote.

Additionally, he expects that Trump’s focus on increased government spending would stimulate short-term economic growth, positively impacting equities—a sector closely linked to Bitcoin’s performance.

Conversely, a Harris victory would likely represent a continuation of existing policies, barring a significant Democratic sweep. Krüger concluded: “Based on betting markets and various election forecasting models, Trump’s probabilities are in the 50% to 63% range. Ergo, it’s “safe” to assume a GOP victory is far from being fully priced in. Such a contested setup is common going into elections. That is why I do not expect ‘sell the news’.”

At press time, BTC traded at $70,402.

Bitcoin price, 1-day chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

Cardano founder Charles Hoskinson has openly supported Ergo (ERG) following news of its potential delisting from HTX. 

Earlier this week, Ergo’s official X account reported that its native token was unjustly being delisted from HTX for failing to meet liquidity requirements.

It emphasized that the listing agreement previously signed with HTX did not include minimum volume requirements. However, Ergo claimed HTX added ERG to its ST list without informing the Ergo team of any policy changes or providing adequate response time.

The Ergo team stated that it discovered HTX’s delisting plan a month after the official notification was expected. Upon learning of the move, Ergo said it quickly made the necessary adjustments to comply with the exchange’s liquidity requirements. Despite this, it claims the exchange still intends to proceed with the delisting.

Cardano Founder Reacts Interestingly, Cardano’s founder, Charles Hoskinson, joined several crypto stakeholders to respond to Ergo’s public outcry, advocating for increased liquidity on decentralized exchanges.

In his X post, Hoskinson stated that he is familiar with how centralized exchanges treat smaller crypto projects. He emphasized that decentralization is the only way small projects can end the mistreatment from centralized trading platforms.

Meanwhile, Hoskinson praised Ergo, describing it as a spiritual successor to Bitcoin, the world’s largest cryptocurrency by market cap. He stressed that the project deserves more respect and love than it currently receives.

Furthermore, Hoskinson suggested that Ergo could thrive as a partner chain within the Cardano ecosystem. He noted that it is challenging for the Cardano team to provide support while Ergo remains a standalone Layer-1 (L1) project.

Is Something Big Coming for ERG? While Ergo has yet to comment on the proposal, Edge Capitalism highlighted the significance of Hoskinson’s recent endorsement of ERG. Edge Capitalism finds it surprising that Hoskinson is commenting on a project like Ergo rather than established competitors such as Solana or Ethereum.

They view Hoskinson’s remarks as a strong endorsement of Ergo’s decentralized model and technology, suggesting that such high-profile validation could pave the way for significant development for ERG in the near future.

This has just happened a few hours ago👇

Yes, $ADA Charles Hoskinson from #Cardano is clearly explaining the descentralized nature and technology of #ERGO 🔥🔥🔥

Yes. Of #ERGO not #SOL or #ETH

You better be prepared. Something big can happen any time with $ERG 👀 pic.twitter.com/xSOVDPRyvJ

— EDGE Capitalism (@EDGECapitalism) September 18, 2025

ERG Still on HTX In the meantime, HTX Global has yet to delist ERG. Of the $351,000 total 24-hour trading volume for ERG, $42,561 was transacted on HTX Global.

The token, which plunged to a 30-day low of $0.7712 yesterday, is currently changing hands at $0.8258. It has surged 4.58% over the past 24 hours, but is down 3.67% in the past week. With a valuation of $67.71 million, ERG ranks as the 492nd biggest cryptocurrency by market cap.

Although Ergo is a separate L1 blockchain, it is compatible with the Cardano network. Like Cardano, Ergo uses the same transaction model, allowing decentralized applications to run on both blockchains. Last year, 624,000 ERG coins, or 0.76% of its 81.96 million circulating supply, moved to the Cardano network.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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