2023 April
-
Bitcoin’s Halving Event and the Future of Its Value
- April 30, 2023
- Posted by: Bitforum
- Category: Uncategorized
No Comments
Bitcoin tends to experience even greater price increases in the months following a halving event. During the previous halving event on July 9, 2016, Bitcoin surged by 2,824% to an all-time high of $19,065.71 in mid-December 2017. If this trend repeats during the upcoming halving, Bitcoin could approach the range of $55,000 – $60,000, which is equivalent to an increase of about 100% from its current price level.
-
Crypto Industry: Understanding the Types of Cryptocurrencies and Their Potential to Survive”
- April 27, 2023
- Posted by: Bitforum
- Category: Crypto Market, Research, Uncategorized
In general, the most popular digital assets can be categorized into four groups: digital coins, utility tokens, NFTs, and stablecoins.
Digital coins are cryptocurrencies that exist on their native blockchain and are often used as mediums of exchange or store-of-value purchases. Examples include Bitcoin, Litecoin, Dogecoin, and Ethereum.
Utility tokens serve a specific function within their respective Web3 ecosystems and are often released on smart contract blockchains like Ethereum.
-
Solana 101 (SOL)
- April 24, 2023
- Posted by: Bitforum
- Category: Research, Technology
101 about Solana (SOL)
-
Bitcoin Surges Nearly 90% outpacing traditional investments in Q1 2023
- April 23, 2023
- Posted by: Bitforum
- Category: Blockchain, Business, Crypto Market, Research
In Q1 alone, the world’s largest digital currency rose over 70%. This is the highest profit quarter since Q1/2021, when it increased by 103%. As of mid-April, Bitcoin has risen more than 87%. This figure far exceeds the increase of many other investment channels such as gold, US and European stocks, crude oil.
-
Can the FTX exchange recover in 2023
- April 14, 2023
- Posted by: Bitforum
- Category: Blockchain, Business, Crypto Market
The news of the possible restoration of FTX exchange after the recovery of $7.3 billion in assets has generated mixed reactions of excitement and skepticism among many. On April 13, the price of FTX’s token, FTT, surged from $1.3 to $2.7 within an hour, before settling around $2.4 by 7am. In November 2022, FTT’s value
-
How to track a crypto whale
- April 5, 2023
- Posted by: Bitforum
- Category: Blockchain, Business, Crypto Market, Research, Technology
Identifying a crypto whale, or a large holder of cryptocurrency, can be a challenging task, as their identity is often anonymous. However, there are several ways to potentially spot a crypto whale and gain valuable insights into the cryptocurrency market. One of the most effective ways to identify crypto whales is through the use of -
What is Bitcoin/ Bitcoin 101
- April 2, 2023
- Posted by: Bitforum
- Category: Blockchain, Research, Technology
Bitcoin overviews Bitcoin (BTC) is a cryptocurrency that operates in a decentralized manner and was initially introduced in a 2008 whitepaper by an individual or group going by the name Satoshi Nakamoto. It was launched in January 2009 and is unique in that transactions are conducted directly between network participants, without any need for an