Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19

Jesse Pollak explains how Pectra Upgrade will overload the basic network

2025-05-19

The chance will increase to 83%, sec decision in June?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17
  • Analysis

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin spot ETFs are exciting, but don’t forget the halving
Bitcoin

Bitcoin spot ETFs are exciting, but don’t forget the halving

2024-01-08No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

  • Historically, halvings have resulted in bull markets for Bitcoin.
  • As BTC became scarcer, investors showed more willingness to HODL.

As optimism surrounding the first-ever spot exchange-traded funds (ETFs) in the US reaches a fever pitch, Bitcoin [BTC] once again has a strong bullish story to look forward to in 2024.

There are no prizes for guessing: it’s coming halving event due in April. This quadrennial event halves miners’ block rewards, eliminating the number of tokens in circulation and potentially increasing demand for the reduced supply.

Halvings have proven to be bullish events

If history is anything to go by, these events preceded periods of high returns. An analyst from CryptoQuant drew attention to the different periods in history when Bitcoin’s price was heavily affected by the cyclical event.

If we don’t go back too far, the King Coin rose 1263% between the 2016 and 2020 halvings. Before that, Bitcoin witnessed a 5187% increase during the 2012-2016 phase.

Source: CryptoQuant

Another important takeaway from these historical numbers was how much Bitcoin rose from the halving to the subsequent peaks.

From the period between the last halving in 2020 and the all-time high (ATH) in November 2021, Bitcoin grew by 654%. Similarly, Bitcoin rose 2922% between 2016 and its 2017 peak.

After observing these trends, the analyst said:

“You can say that halving events act as a catalyst for price increases, both before and after the event.”

Meanwhile, there were other indicators that reflected investors’ bullish sentiment around the halving.

Investors are piling in ahead of the halving

A popular crypto analyst Kashif Raza revealed that investors were holding more Bitcoin than what was freshly mined in a month. He noted that such a development was unusual and had not occurred much in the past.

Investors received more Bitcoin than they mined in a month, for the first time since December.

This tells us a lot about how people use and hold their Bitcoin.🧵.. pic.twitter.com/nzK6TWUFde

— Kashif Raza (@simplykashif) January 8, 2024

The stored supply exceeding new issuance in a pre-halving environment reflected a shift in their strategy – a strategy that likely had a lot to do with Bitcoin becoming scarce and difficult to buy back once sold.

See also  What causes Bitcoin miner fees to drop?

But as things stand now, the crucial element will still take more than three months. The immediate focus for Bitcoin and the broader crypto market remained the yet-to-be-approved ETFs.

Market observers and ETF issuers in the US pinned their hopes on Wednesday as the turning point day.


How much are 1,10,100 BTCs worth today?


Is the general public in the US enthusiastic?

But while US institutional interest in Bitcoin ETFs peaked, individual investors weren’t too enthusiastic.

This is evident from a study by cryptomarket tracker Coin geckothe US ranked 12th among the countries most interested in Bitcoin ETFs. In fact, US interest rates were less than half of Luxembourg’s.

Source: CoinGecko

This is an intriguing development, as US ETFs have the ability to change the way crypto is viewed globally. Such lower interest could be cause for concern, but at this point it is too early to say anything.



Source link

Bitcoin dont ETFs Exciting Forget Halving Spot
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

All the reasons why the price of Bitcoin could be set for an explosive rally

2025-05-19

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

2025-05-18

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Fonbnk and Avalanche collaborate: Simplify Web3 for Africa

2024-01-25

Binance’s Loss of 5% Market Share – What Happened in 2023?

2024-01-18

Did the CIA Create Bitcoin?

2024-08-02
Editors Picks

Standard Chartered reaffirms Bitcoin target of $150,000 by the end of the year

2024-04-23

Crypto Analyst Reveals Massive Downward Target For Bitcoin (BTC) – Here’s His Look Ahead

2023-05-21

More than 75% of Shiba Inu and Floki investors suffer losses: crypto analytics firm IntoTheBlock

2023-06-02

Stan Lee NFT Prices Up 5 Times; Sold out in no time

2023-07-24

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

All the reasons why the price of Bitcoin could be set for an explosive rally

Jesse Pollak explains how Pectra Upgrade will overload the basic network

The chance will increase to 83%, sec decision in June?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,243.05-0.36%
  • ethereumEthereum(ETH)$2,402.29-4.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.29%
  • binancecoinBNB(BNB)$638.97-0.86%
  • solanaSolana(SOL)$162.03-4.48%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.217983-1.18%
  • cardanoCardano(ADA)$0.72-4.18%
  • tronTRON(TRX)$0.264230-3.16%
  • suiSui(SUI)$3.71-3.30%
  • chainlinkChainlink(LINK)$15.18-3.07%
  • avalanche-2Avalanche(AVAX)$21.68-5.54%
  • stellarStellar(XLM)$0.280675-3.54%
  • hyperliquidHyperliquid(HYPE)$26.00-3.02%
  • shiba-inuShiba Inu(SHIB)$0.000014-3.22%
  • hedera-hashgraphHedera(HBAR)$0.188329-2.90%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.89%
  • bitcoin-cashBitcoin Cash(BCH)$382.44-3.92%
  • the-open-networkToncoin(TON)$3.03-2.52%
  • litecoinLitecoin(LTC)$95.81-2.50%
  • polkadotPolkadot(DOT)$4.50-4.69%
  • moneroMonero(XMR)$344.290.18%
  • bitget-tokenBitget Token(BGB)$5.04-1.87%
  • pepePepe(PEPE)$0.0000130.99%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-1.28%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.78-2.83%
  • bittensorBittensor(TAO)$398.33-6.65%
  • nearNEAR Protocol(NEAR)$2.72-1.67%
  • aaveAave(AAVE)$218.38-3.41%
  • okbOKB(OKB)$52.13-1.59%
  • aptosAptos(APT)$4.95-4.66%
  • ondo-financeOndo(ONDO)$0.90-3.12%
  • kaspaKaspa(KAS)$0.106055-4.41%
  • internet-computerInternet Computer(ICP)$5.08-2.96%
  • ethereum-classicEthereum Classic(ETC)$17.76-3.33%
  • gatechain-tokenGateToken(GT)$21.44-0.77%
  • crypto-com-chainCronos(CRO)$0.095628-3.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.66-2.92%
  • mantleMantle(MNT)$0.730.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232467-2.23%
  • vechainVeChain(VET)$0.027372-3.09%
  • render-tokenRender(RENDER)$4.42-4.66%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • ethenaEthena(ENA)$0.355059-6.57%
  • filecoinFilecoin(FIL)$2.79-2.60%
  • algorandAlgorand(ALGO)$0.214916-2.43%
  • cosmosCosmos(ATOM)$4.73-0.98%
  • bitcoinBitcoin(BTC)$103,243.05-0.36%
  • ethereumEthereum(ETH)$2,402.29-4.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.29%
  • binancecoinBNB(BNB)$638.97-0.86%
  • solanaSolana(SOL)$162.03-4.48%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.217983-1.18%
  • cardanoCardano(ADA)$0.72-4.18%
  • tronTRON(TRX)$0.264230-3.16%
  • suiSui(SUI)$3.71-3.30%
  • chainlinkChainlink(LINK)$15.18-3.07%
  • avalanche-2Avalanche(AVAX)$21.68-5.54%
  • stellarStellar(XLM)$0.280675-3.54%
  • hyperliquidHyperliquid(HYPE)$26.00-3.02%
  • shiba-inuShiba Inu(SHIB)$0.000014-3.22%
  • hedera-hashgraphHedera(HBAR)$0.188329-2.90%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-0.89%
  • bitcoin-cashBitcoin Cash(BCH)$382.44-3.92%
  • the-open-networkToncoin(TON)$3.03-2.52%
  • litecoinLitecoin(LTC)$95.81-2.50%
  • polkadotPolkadot(DOT)$4.50-4.69%
  • moneroMonero(XMR)$344.290.18%
  • bitget-tokenBitget Token(BGB)$5.04-1.87%
  • pepePepe(PEPE)$0.0000130.99%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.73-1.28%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.78-2.83%
  • bittensorBittensor(TAO)$398.33-6.65%
  • nearNEAR Protocol(NEAR)$2.72-1.67%
  • aaveAave(AAVE)$218.38-3.41%
  • okbOKB(OKB)$52.13-1.59%
  • aptosAptos(APT)$4.95-4.66%
  • ondo-financeOndo(ONDO)$0.90-3.12%
  • kaspaKaspa(KAS)$0.106055-4.41%
  • internet-computerInternet Computer(ICP)$5.08-2.96%
  • ethereum-classicEthereum Classic(ETC)$17.76-3.33%
  • gatechain-tokenGateToken(GT)$21.44-0.77%
  • crypto-com-chainCronos(CRO)$0.095628-3.29%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.66-2.92%
  • mantleMantle(MNT)$0.730.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232467-2.23%
  • vechainVeChain(VET)$0.027372-3.09%
  • render-tokenRender(RENDER)$4.42-4.66%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • ethenaEthena(ENA)$0.355059-6.57%
  • filecoinFilecoin(FIL)$2.79-2.60%
  • algorandAlgorand(ALGO)$0.214916-2.43%
  • cosmosCosmos(ATOM)$4.73-0.98%