Why Bitcoin will reach an all-time high before the halving / Have you noticed a change in the atmosphere?[8 carefully selected books to read on the weekend]| CoinDesk JAPAN
Bitcoin is likely to rise more than 30% in the eight weeks leading up to the halving, according to 10X Research. The fourth halving is scheduled for April 19th. Bitcoin’s daily RSI (relative strength index) is above 80, which historically indicates a 60-day increase rate of more than 50%.
— Carefully selected what you want to read over the weekend from columns, analysis articles, interviews, etc. published this week. This week there are 8.
Two reasons why Bitcoin will reach a new all-time high before the halving
Bitcoin has continued to rise in recent months. Bulls ignored a resurgence in the US dollar and Treasury yields, pushing Bitcoin to its highest level since late 2021.
Although a price correction phase is likely, the broad uptrend will continue and the fourth mining reward halving is expected to occur on April 19th, before reaching an all-time high of around $69,000. may exceed. …read more
Are you aware of the change in the crypto asset atmosphere?
Have crypto assets (virtual currencies) made a comeback? Every other week, news appears that Bitcoin (BTC) and Ethereum (ETH) are trading at prices not seen since 2021, when the crypto asset market was soaring. There are no signs that price increases are going to stop anytime soon, and things look different this time around. …read more
What will be the impact of Bitcoin halving?
Bitcoin halving refers to a periodic event that halves the reward miners are paid in Bitcoin for validating transactions and creating new blocks on the blockchain.
Halvings occur approximately every four years, specifically every time 210,000 blocks are created on the Bitcoin blockchain. …read more
The impact of Bitcoin ETFs on your portfolio: Is it a game changer for the industry?
On January 11th, the US Securities and Exchange Commission (SEC) approved the start of trading of 11 Bitcoin ETFs. With the approval of the first Bitcoin ETF in the United States, investors around the world are closely watching the potential impact on the broader asset class in the short and medium to long term. …read more
Bitcoin, how to benefit from global stress
Budget deficits, inflation, wars, bank failures, cyber attacks, de-dollarization.
These risks threaten the returns that investors receive from stocks and bonds and pose a major obstacle. Historically, U.S. Treasuries have been a “safe haven†and provided some protection from crises, but from 2021 to 2023, the three-year performance of U.S. Treasuries was -10%, the lowest since at least the 1980s. It was the worst. Similarly, a diversified 60 stocks/40 bonds portfolio lost 16% in 2022, its worst performance in 14 years. …read more
Mercari aims to become “the most used place in the world†for Bitcoin payments: Mr. Nakamura of Melcoin
On the 15th, Mercari launched a service that allows users to purchase products using Bitcoin (BTC). Mercari users who hold Bitcoin can complete the payment by simply selecting the product they want and selecting “Use Bitcoin” on the purchase screen.
On the same day, Keita Nakamura of Melcoin, a subsidiary that develops services related to crypto assets and blockchain, made a press announcement regarding the new features. There was a lot of interest in the media, including coverage on nightly economic news. …read more
Cryptocurrency developers wearing Apple Vision Pro to work – a new trend in coworking spaces?
Want to see an office where everyone is wearing Apple’s new Apple Vision Pro headset?
It can be seen at a gathering of developers focused on the Solana blockchain called mtnDAO in Salt Lake City, Utah. They are nerdy and rich. This is the perfect demographic to try out a new device that costs more than $5,000 (approximately 750,000 yen, at an exchange rate of 150 yen to the dollar) including accessories. …read more
Utilizing DAO for maintenance and management of aging water and sewage systems, major water treatment company joins Web3 – Addressing infrastructure crisis together with local residents
Infrastructure such as roads, bridges, and water and sewage systems are aging, and maintenance has become a major issue. Due to labor shortages due to the declining birthrate and aging population, and recent natural disasters, the situation has become known as an “infrastructure crisis,†but the use of Web3, specifically DAO (Decentralized Autonomous Organization), may be one solution. unknown. …read more
|Editing: CoinDesk JAPAN Editorial Department
|Top image: Shutterstock
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