Posts

Showing posts with the label interview

The future of BTC mining and the Bitcoin halving

This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry. On the latest episode of Cointelegraph’s Market Talks , host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin (BTC) mining pool, research hub and service provider. The show touched on a number of broad topics, including Rosen’s view on how the upcoming Bitcoin halving will impact BTC price, why Bitcoin’s volatility is set to remain in the double-digits for years to come, and miners’ ability to hedge their operations via hash rate derivatives. According to Rosen: “Any maturing asset goes through experiences of high volatility when it first launches, and if you compare Bitcoin to the tech stocks of the early 90s, like Apple and Google, their volatility was astronomical. Bitcoin has also touched crazy high levels of volatility in the 70% to 100...

Bitcoin price can 'easily' hit $20K in next 4 months — Philip Swift

Image
The BTC price bottom may be in, but Bitcoin bulls are not out of the woods yet, says the Decentrader and Look Into Bitcoin founder. Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000. That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin. In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term future holds for BTC price action. After predicting the end of the bear market at the end of 2022, Swift is sticking by his appraisal of underlying price strength, while staying cautious on the odds of a deeper correction than last week’s 10% dip. Bulls face many obstacles on the road to new all-time highs, he says, with government policy particularly troubling when it comes to potential price suppression. Nonetheless, there is every reason to believe that for now, the bottom is in, and a solid period of growth awaits Bitco...