Third Halving Turns Out to Be Non-Event for Bitcoin’s Price
Bitcoin's price volatility has declined following the network's third mining reward halving event on Monday.
Bitcoin mining is set to get easier, as the network undergoes an expected difficulty adjustment on Tuesday – the first since last week's reward halving.
Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing.
Two months after the network's halving event, it's harder than ever to mine bitcoin.
The anemic price action surrounding bitcoin's third halving has led to head-scratching over why the cryptocurrency didn't moon. One possibility: Derivatives are bringing more price discovery.
A coded-in message on the blockchain harked back the the genesis of the original cryptocurrency.