Future of crypto Key events and trends to watch in Q4 2023
The post Future of crypto Key events and trends to watch in Q4 2023 appeared on BitcoinEthereumNews.com. Despite small fluctuations, the crypto market cap for September has increased by 2.6%. All eyes were on two significant events – FTX announcing the liquidation of its crypto assets and the Federal Open Market Committee meeting on September 20, 2023. Fluctuations more or less included prices of tokens going through sharp volatility, which should not come as a surprise. Nevertheless, staying updated with what is happening in the crypto industry and what is about to happen has become increasingly important. Gone are the days when institutional investors had exclusive access based on their expertise. Every type of investor, including retailers, can now access the simple information and make the right move to keep their portfolios positive. Bitcoin Halving 2024 In simple words, Bitcoin Halving is the process in which the rewards for mining new blocks are cut in half. It happens once every four years and goes on to fetch some substantial benefits. This includes a reduction in the block production rate and changes in the token’s supply and demand mechanics. The community cannot be mistaken by assuming that Bitcoin halving solely affects BTC. The effects amplify over the entire crypto community since most of the funds are diverted for gains. This refers to BTC gaining profits instantly after the Halving process. One key fact to know about Bitcoin Halving is that the process boosts the adoption of BTC. Historical price trends suggest that the token gets a jump, and holders who have been through bearish trends are rewarded pretty handsomely. Upcoming Cryptocurrency Events In the short term, there are a total of six events that are scheduled to happen in October 2023. This includes SmartCon, ETHMilan, Vietnam Blockchain Summit, ETH Hangzhou Hackathon, Lugano’s Plan ₿ Forum, and European Blockchain Convention. More crypto events have been scheduled in the final…
The post Future of crypto Key events and trends to watch in Q4 2023 appeared on BitcoinEthereumNews.com.
Despite small fluctuations, the crypto market cap for September has increased by 2.6%. All eyes were on two significant events – FTX announcing the liquidation of its crypto assets and the Federal Open Market Committee meeting on September 20, 2023. Fluctuations more or less included prices of tokens going through sharp volatility, which should not come as a surprise. Nevertheless, staying updated with what is happening in the crypto industry and what is about to happen has become increasingly important. Gone are the days when institutional investors had exclusive access based on their expertise. Every type of investor, including retailers, can now access the simple information and make the right move to keep their portfolios positive. Bitcoin Halving 2024 In simple words, Bitcoin Halving is the process in which the rewards for mining new blocks are cut in half. It happens once every four years and goes on to fetch some substantial benefits. This includes a reduction in the block production rate and changes in the token’s supply and demand mechanics. The community cannot be mistaken by assuming that Bitcoin halving solely affects BTC. The effects amplify over the entire crypto community since most of the funds are diverted for gains. This refers to BTC gaining profits instantly after the Halving process. One key fact to know about Bitcoin Halving is that the process boosts the adoption of BTC. Historical price trends suggest that the token gets a jump, and holders who have been through bearish trends are rewarded pretty handsomely. Upcoming Cryptocurrency Events In the short term, there are a total of six events that are scheduled to happen in October 2023. This includes SmartCon, ETHMilan, Vietnam Blockchain Summit, ETH Hangzhou Hackathon, Lugano’s Plan ₿ Forum, and European Blockchain Convention. More crypto events have been scheduled in the final…
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