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<h2>Analyst Arthur Hayes predicts a possible fall in Bitcoin before and after the halving.</h2> Market analyst Arthur Hayes does not rule out that the price of Bitcoin will be at risk of collapse in the near future. The expert warns about such a scenario in a new entry on his blog. The forklog portal draws attention to the specialist’s forecast. The deciding factor is the upcoming Bitcoin halving, which will happen in a few days.Hayes is convinced that immediately after the halving there will be a correction in BTC. At the beginning of the year, Hayes predicted that the cryptocurrency market would crash in March due to the poor economic situation in the United States. This event did not happen. The American believes that the market decline is only delayed due to unforeseen bullish events.Investor interest in spot Bitcoin ETFs and subsequent massive speculation in meme cryptocurrencies led to significant market growth in March.<figure id="figure-ndg340a8hgluzxlwpq"><img id="ndg340a8hgluzxlwpq" src="https://cdn.durable.co/blocks/2a7a2fgbjYZG4aMXoJYc7B5AWO0LJIQLP0tr5bZyVJwf4wkukx9OkAB16a6QKCIE.jpg" alt="NTF inscription on cubes against the background of dollars and microcircuits" title="NTF inscription on cubes against the background of dollars and microcircuits" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 3/2; object-position: undefined undefined;" data-corners="default" data-aspect="3:2" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2a7a2fgbjYZG4aMXoJYc7B5AWO0LJIQLP0tr5bZyVJwf4wkukx9OkAB16a6QKCIE.jpg" data-mce-style="aspect-ratio: 3/2; object-position: undefined undefined;"></figure>Hayes is convinced of the positive effect of halving. However, this effect will only become apparent after some time. The specialist expects prices to fall in about a week (April 19), and so now he wants to sell his Bitcoins and then buy BTC again at a lower price.So, the 39-year-old trader expects unpredictable volatility in the cryptocurrency market, which could lead to unexpectedly high losses. Therefore, he wants to leave the crypto market by May and no longer trade digital coins.📈 #CryptoMarket Rebounds After US CPI Data! 🚀 #Bitcoin, #Ethereum, and #Toncoin Lead the Way! 💥 #XRP, #Solana, #BNB, and #Dogecoin Also Show Positive Dynamics! 🌐 #Cryptocurrency #Investment #Trading

Analyst Arthur Hayes predicts a possible fall in Bitcoin before and after the halving.

The crypto market demonstrated its reactivity amid the publication of data on the March Consumer Price Index in the United States. The market initially corrected, but eventually managed to recover from the initial losses and returned to the green growth zone. Bitcoin, the flagship cryptocurrency, again showed a desire to strengthen above the $70,000 mark, reaching $70,849. The total capitalization of BTC was $1.40 trillion, with a weekly growth of +7.86%. Ether, the second-largest cryptocurrency, also showed strength, rising to $3,568. Interestingly, its weekly performance, +9.12%, outperformed Bitcoin. XRP and Solana also posted gains, reaching $0.619 and $172.69 respectively. BNB and Dogecoin also showed positive dynamics, rising to the levels of $614.71 and $0.198, respectively. Toncoin continues to surprise the market with its dynamics, showing performance of +12.25% and reaching $7.28. At night, it updated its price record, which indicates growing interest in this cryptocurrenc.This data demonstrates that the crypto market remains dynamic and reactive to economic news and events. Although volatility remains high, investors and traders continue to look for opportunities for growth and profit in this market.<figure id="figure-zaec660rlpluzx1i20"><img id="zaec660rlpluzx1i20" src="https://cdn.durable.co/blocks/2caVc2CBBV6S7p2pSXGMvZwh8ORypb7EzPnebQDKZ9egyHlXwFMdduPw16Z1WoKB.jpg" alt="Bitcoin Gold render" title="Bitcoin Gold render" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 3/2; object-position: center center;" data-corners="default" data-aspect="3:2" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2caVc2CBBV6S7p2pSXGMvZwh8ORypb7EzPnebQDKZ9egyHlXwFMdduPw16Z1WoKB.jpg" data-mce-style="aspect-ratio: 3/2; object-position: center center;"></figure>

The crypto market demonstrated its reactivity amid the publication of data on the March Consumer Price Index in the United States.

In light of recent events in the cryptocurrency world, CoinGecko analysts have presented new data that confirms that after each Bitcoin halving, its value increases on average by 3230% over the next 12 months. This statistical increase in the price of Bitcoin after each halving shows a significant increase, which, however, is accompanied by a decrease in profitability.After the first halving in 2012, the price of Bitcoin increased by 8858%, and after the second halving in 2016, by 294%. The third halving in 2020 led to a price increase of 540%. This data highlights that after each Bitcoin halving, its value increases significantly, which is a key factor in its price performance.<figure id="figure-m1mwu882d6lus7uagh"><img id="m1mwu882d6lus7uagh" src="https://cdn.durable.co/blocks/ek6ZwaTXrXFL3SGR6eB8r52Q4OgQyXE37CuRaLmYsfPPMJjcDRYWdDYU2XsOxsI4.jpg" alt="" title="" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="false"/></figure>However, analysts also note that profitability decreases after each halving. This is due to the fact that with each decrease in the reward for miners, the supply of new bitcoins is halved. This factor plays a key role in reducing profitability after each halving.Despite the decline in yields, CoinGecko analysts are confident that the price of Bitcoin will continue to rise if demand exceeds the current inflation rate of 1.74%. This expectation is especially relevant in the context of the fourth halving, which is expected in April 2024. Bitcoin halving is a mechanism to curb inflation, and as the influx of new coins decreases, the price of existing bitcoins becomes more attractive. This leads to an increase in demand and, therefore, an increase in price.In conclusion, CoinGecko analysts emphasize that, despite the decrease in profitability after each halving, Bitcoin continues to show significant growth in price. They also highlight that after the fourth halving, which is expected in April 2024, the price of Bitcoin is expected to rise if demand exceeds current inflation. This highlights the importance of monitoring and analyzing data in the cryptocurrency world to understand price dynamics and predict future trends.

Bitcoin after halving

The cryptocurrency world is booming, with the non-fungible token (NFT) and gaming sectors becoming increasingly popular. Saga (SAGA) and Tensor (TNSR), two leading projects in these spaces, are preparing to list on major crypto exchanges, signaling renewed interest in NFTs.Binance, one of the world's leading crypto exchanges, has announced the promotion of the listing of Saga (SAGA). Originally scheduled for April 9, 2024 at 14:00 UTC, SAGA will debut on the platform 6 hours earlier at 08:00 UTC thanks to impressive performance on Binance Launchpool. Saga bills itself as “L1 to run L1,” allowing developers to easily create dedicated, interoperable chains known as “Chainlets.” This makes Saga particularly attractive to the gaming sector as it optimizes blockchain development for specific games.<figure id="figure-rub9pe41qalus71j3q"><img id="rub9pe41qalus71j3q" src="https://cdn.durable.co/blocks/1bGzVnMBT3hT424E1hqARUvUei2A9tg3MQ6Hpuwx8gpMUjk8BGsqFSN0nAjAsVGW.jpg" alt="" title="" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="false"/></figure>SAGA, the project's native token, plays a key role in Chainlet's payments, staking and governance. In two years, more than 350 projects began working on its protocol, 80% of which are in the gaming space. The project has also established strategic partnerships with major players such as Polygon, Avalanche, MarbleX, Com2uS and Celestia.On the other hand, TNSR, the native token of Tensor, will be listed on OKX for spot trading. Deposits will open on April 8, 2024 at 04:00 UTC, and TNSR/USDT spot trading will open at 15:15 UTC.Tensor is an NFT marketplace on the Solana blockchain offering trading functionality, real-time data, and automated market-making pools for NFTs. The platform incentivizes users and has high liquidity, providing access to more than 30,000 NFT collections. Tensor's $3 million seed round in 2023, backed by Alliance DAO, Solana Ventures, and other prominent investors, shows early confidence in the project. By January 2024, the annual trading volume of the marketplace had already exceeded $140 million.Research from S&amp;P Global Market Intelligence points to growing optimism for the NFT and gaming sectors, predicting that NFTs could enable cross-game item trading and seamless metaverse integration in the near future.“In the long term, one or more games will likely find the right gameplay experience to fit the new item ownership model that NFTs convey,” said researchers at S&amp;P Global Market Intelligence.

Saga and Tensor: New rise of NFT and gaming projects on crypto exchanges

An event has occurred in the world of digital collections and non-fungible tokens (NFTs) that has attracted the attention of both specialists and the general public. &nbsp;An image of a digital cat called Genesis Cat, created by artist Francisco Alarcona (FAR) and released by Taproot Wizards, sold at Sotheby's for $254 thousand. This event was one of the most significant in the history of NFT sales on Bitcoin, highlighting the potential and influence of this format &nbsp;for art and collecting.&nbsp;Genesis Cat became the basis of the 3333 Quantum Cat series from Taproot Wizards and was sold for the first time. &nbsp;This collection was created in honor of a proposal to improve the Bitcoin protocol known as OP_CAT. &nbsp;The sale price of the lot significantly exceeded its initial estimated value of $15,000 to $20,000, indicating the high demand for digital collections and their importance in contemporary art.<figure id="figure-y06j3917zsluokarzu"><img id="y06j3917zsluokarzu" src="https://cdn.durable.co/covers/1a6wo8WC4YtD9LBkbk8SODJa7wyerwRXeQTqaNIVnjR797m43GI6OCqFrP53o6j4.jpg" alt="Two QEST coins and others cryptocurrencies on a marble background" title="Two QEST coins and others cryptocurrencies on a marble background" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 1/1; object-position: 50% 65%;" data-corners="default" data-aspect="1:1" data-caption="" data-positionX="50%" data-positionY="65%" data-fullWidth="false"/></figure>&nbsp;The emergence of a slew of Ordinals, sometimes referred to as “Bitcoin NFTs,” has created a buzz around non-fungible tokens similar to the one seen in 2021 on the Ethereum network. &nbsp;Transactions with Ordinals contributed to the congestion of the Bitcoin blockchain and caused discontent among some market participants due to a drop in the network capacity of the first cryptocurrency.&nbsp;However, despite the potential negative impacts on the network, such as increased fees and reduced throughput, miners' incomes have increased amid the surge in activity associated with the issuance of Bitcoin NFTs or Ordinals. &nbsp;Thus, in the first two weeks of November 2023, which saw the release of a large number of tokens, commissions on the Bitcoin network increased sixfold. &nbsp;This highlights the dynamism and potential of the Bitcoin NFT market, as well as the format's impact on the economics and culture of cryptocurrencies.&nbsp;The sale of Genesis Cat at Sotheby's highlights the importance and influence of NFTs in contemporary art and collecting. &nbsp;This event demonstrates how digital collections can achieve high prices and attract the attention of a wide audience, including renowned auction houses and collectors. &nbsp;At the same time, it also highlights the need to further develop and optimize the Bitcoin blockchain infrastructure to ensure the stability and efficiency of NFT-related transactions.

Digital Genesis Cat sold at Sotheby's for $254 thousand: Bitcoin NFTs in the spotlight

<h2>&nbsp;One such project is Blast, a new second-layer blockchain launched by the founder of the largest NFT marketplace Blur, Tieshun Rokerr, known under the pseudonym Pacman.</h2>&nbsp;Blast's goal is to make the process of interacting with NFT tokens more efficient and accessible for users. &nbsp;This includes reducing fees when trading NFT tokens and creating a user-friendly derivatives solution that can greatly simplify and speed up the NFT trading process.<figure id="figure-etnml3cflz9p50a9"><img id="etnml3cflz9p50a9" src="https://cdn.durable.co/covers/1fN79PfjYVQsLngzwSYhsDWk19VhOkSwpMyvoTaI1Blley9XknWxY1qqWJE9R7Yi.jpg" alt="" title="" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/covers/1fN79PfjYVQsLngzwSYhsDWk19VhOkSwpMyvoTaI1Blley9XknWxY1qqWJE9R7Yi.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>&nbsp;The Blast project has raised $20 million from investment funds Paradigm and Standard Crypto, which highlights the significance and potential of the new blockchain. &nbsp;This financial success will allow the development team to focus on implementing ambitious plans and improving the user experience on the platform.&nbsp;One of the key aspects of the Blast project is the introduction of a staking system for Ethereum and stablecoins, which will allow early adopters to earn additional income. &nbsp;In addition, users can earn “points”, which in the future can likely be used to receive rewards from the project. &nbsp;This mechanism drives activity on the platform and motivates users to participate in the Blast ecosystem.&nbsp;The announcement of the new Blast blockchain occurred against the backdrop of the end of the next “season” on the Blur platform and the distribution of the second airdrop for the year to users. &nbsp;Blur developers divided the entire token distribution process into several time periods, calling them “seasons.” &nbsp;To receive an airdrop, users must be active on the marketplace and earn points, which can later be exchanged for Blur tokens (BLUR).<figure id="figure-cq21nzxgce6lz9p7ygv"><img id="cq21nzxgce6lz9p7ygv" src="https://cdn.durable.co/blocks/1dSZhGzBbVYkmqWqn6SJJu53vjxyNUZxNdeTXGdp5vOSJYW38oEpH5G7vOzZ11yn.jpg" alt="" title="" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="false"/></figure>&nbsp;Blast represents a significant step forward in the development of NFT and cryptocurrency markets, offering innovative solutions to improve trading and interaction with digital collections. &nbsp;This project highlights the desire to optimize and improve the user experience in the world of NFTs, making it an important element in the development of this field.

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Analyst Arthur Hayes predicts a possible fall in Bitcoin ...

The crypto market demonstrated its reactivity amid the pu...

Bitcoin after halving

Saga and Tensor: New rise of NFT and gaming projects on c...

Digital Genesis Cat sold at Sotheby's for $254 thousand: ...

Blast: Pacman's New Blockchain to Improve NFT Trading