According to Du Jun, Co-Founder of Huobi, Bitcoin may only see a new bull run in 2024 or 2025 once the blockchain sees a new halving . “Following this cycle, it won’t be until end of 2024 to beginning of 2025 that we can welcome next bull market on Bitcoin,” Jun told CNBC.22 Şub 2022
Read moreHow long does a bull run last?
The bull market in US shares has reached 3,453 days. We explain how it happened and suggest what might happen next. The US stock market is on its longest bull-run in history. It began on 9 March 2009 and, so far, has lasted nine years, five months and 13 days .
Read moreWhat does bull mean in crypto?
The term bull market is used to describe a longer period of price growth . Price growth in the value of a stock, or in our case of the cryptocurrency market. A bear market is the exact opposite. The meaning of a bear market is when the value of a stock or Bitcoin is decreasing for a longer period of time.
Read moreWill Bitcoins halve in 2024?
A Bitcoin halving is when the payout for mining a new block is halved, and this happens after every 210,000 blocks (approximately four years). The first of which happened in 2012, and the next will occur in 2024 .
Read moreWhen halving will happen?
It depends on when the 210,000th block since the last event is mined. Considering that new Bitcoins are mined roughly every 10 minutes, the next halving is expected to happen sometime in early 2024 , and a miner’s reward will drop to 3.125 BTC.
Read moreWill there be a crypto bull run in 2022?
The market price prediction is above US$100,000 by the end of this year. Therefore, there is an expected Bitcoin bull run in 2022 , and it could be coming up soon.
Read moreWhat will happen after Rvn halving?
The current Ravencoin block reward is 5,000 RVN. After the halving in January 2022, the block reward will be halved from 5,000 RVN to 2,500 RVN .10 Oca 2022
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