Everything Crypto

Are You a No-Coiner before the Halving?

The upcoming Bitcoin halving is arguably the most talked about and anticipated cryptocurrency event of the year. While both large and small seasoned investors accumulate coins in the run-up to the event, newcomers to the crypto-sphere may be asking; "What in the world is the halving"? 

Let us break it down for you. 

Bitcoin was born out of ingenuity and resourcefulness. It's founders witnessed how inflation and corruption crippled global assets, so they put in place measures to protect Bitcoin from such calamities in the future. Therefore, to ensure the longevity of the coin and to curb inflation, they programmed block-halving events into Bitcoin's code (among other things). Block-halving refers to the number of the new bitcoins generated per block, each halving reduces the reward per block mined by 50% every four years or 210,000 blocks.  

In the first four years of Bitcoin's existence, 50 new BTC were issued every 10 minutes (approx). In the subsequent four years, 25 new BTC were issued every 10 mins, and so forth. This year, on May 12th 2020, the block-halving will decrease rewards from the current 12.5BTC to 6.25 BTC. 

This exponential depreciation in newly generated bitcoins has a profound effect upon the supply chain and the market as a whole. One of the most basic principles of macroeconomics states that lower supply with steady demand leads to higher prices. It comes as no surprise that this fundamental law has historically correlated to the cryptocurrency market as well, with the halving preceded by some of Bitcoin's largest bull runs. In the past, unprecedented gains were achieved in the months following block-halving events. The last halving in 2016 was followed by a record-breaking high of $20,000 per BTC and a break-through into mainstream media making Bitcoin a household name. Some experts are predicting Bitcoin will chart a similar uptrend following this year’s event.  

Seasoned crypto investors are cognizant of the impacts that added scarcity can have on the market and have begun speculatively accumulating BTC. Compounding this with an increase in media attention, Bitcoin prices have rallied sharply in the past few weeks leading up the halving event. With prices increasing by over 20% in the last week alone. Institutional interest and engagement in bitcoin and crypto are also at peak levels, creating a perfect environment for another post-halving rally. 

Notably, this is the first halving that is taking place amidst a global pandemic- COVID-19, which has shaken the global economy. With all the uncertainty, people around the world are witnessing the fall of central banks and are in search of alternatives like Bitcoin, which has proven its resilience and strength in comparison to Wall Street and other stock markets. As a result, the odds of Bitcoin setting new highs next year look stronger than ever. 

With all this being said, block-halving, cryptocurrency, and bitcoin may still seem like a foreign language to many traditional investors. And despite all the gains made in recent years, cryptocurrency and traditional investors still live in very separate worlds. Many traditional investors are apprehensive of Bitcoin and the cryptocurrency market and have yet to invest despite the huge upside potential. So if you are reading this, and currently own zero crypto assets, know that you are not alone. Fear not, there is still time to invest before the halving. 

We at Blockchain Academics would never suggest to go all-in on Bitcoin or to invest more than you can afford to lose. However, we are strong proponents of diversification and with such a tremendous opportunity impending, why not invest 1% of your portfolio into BTC?

The Modern Portfolio theory, one of the most widely used models in the financial industry states that 

Investors are risk-averse, preferring a portfolio with a higher return for a low level of risk.

Risk can be reduced through diversification.

Since Bitcoin is not correlated to other assets classes in the market, by adding to a traditional portfolio you would increase your diversification and reduce the risk of the overall portfolio.

Therefore, no-coiners, we invite you to take a leap of faith with us. There is no better time than today to diversify your portfolio and enjoy the post-halving ride. 

To learn more about investing in cryptocurrency markets visit www.bcacademics.com. 

On today's episode we go over many different stories and news going on in the Crypto space! 

“Cryptocurrencies basically have no value,” Warren Buffett said in an interview on Monday.

Speaking to CNBC reporter Becky Quick on Feb. 24, the fourth-wealthiest person in the world discussed his impression of Bitcoin following a fundraiser. In attendance was Justin Sun, CEO of Tron, and long-time believer in crypto.

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One of the latest episode of "The Simpsons" aired has just aired featuring Jim Parsons of Big Bang Theory appearing as a guest star to explain cryptocurrencies and how a blockchain works.

In the song and dance predicts cryptocurrency to be the future money, the animated ledger states: "Each day I'm closer, to being the cash of the future. Not in your wallet, I'm in your computer!

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Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA).

UEFA will distribute over one million soccer match tickets via a blockchain-enabled mobile application. The organization claims that this new ticketing system will make “entry into the stadium smooth, safe and secure.”

Thank you for listening to Everything Crypto podcast. This is episode 051 of Everything Crypto

Like Bitcoin and Ethereum, Tezos is a decentralized ledger that makes use of blockchain technology. Like Ethereum, Tezos is designed to make use of smart contracts. The term “Tezos” is ancient Greek for “smart-contract,” according to the developers.

However, Tezos goes beyond previous offerings. It takes the smart contract concept “one step further by letting participants directly control the rules of the network.”

Tezos has been hitting higher highs and higher lows throughout the year and has been doing really good! Just from this year Tezos all time high was about about almost 200% and as of right now there has been a pull-back but still up about 140%!

In this episode we take a further look on Tezos and not only explain what it is but also put out a price prediction for 2020. 

Thank you for listening to Everything Crypto podcast. This is episode 050 of Everything Crypto

Many of you involved in the Cryptosphere or considering investing may have heard of the term Masternode and be wondering what a Masternode is?

A node can simply be understood as a computer that plays a part in ensuring the integrity of a coin network. ... A Masternode is a crypto full node (computer wallet) that supports the network by hosting an entire copy of the coin's ledger in real time. In return, the Masternode will receive crypto coins as a reward.

There are many Masternodes out there and as with any investment there are risks and these can be significant within the Masternode world. Since the beginning of 2018 there has been an explosion in the number of Masternode coins and unfortunately this has also attracted a fair number of scammers to this space.

Be very cautious of any Masternode coin offering very high ROI percentages — anything in the 1,000% or above bracket really needs to be treated with caution and any coin that does not have a utility as well should be avoided in the early stages of it’s life.

Thank you for listening to Everything Crypto podcast. This is episode 049 of Everything Crypto

Coinbase has came out with a Visa debit card, funded by your Coinbase balance. The easiest, quickest way to spend your crypto worldwide. This looks great on the crypto space as you can spend your crypto instantly, use your card worldwide, keep your crypto on the safe side, and even choose which crypto to pay with through the app. It takes just a few seconds to switch between bitcoin, ethereum and more. They even have spending summaries, transaction receipts, and instant notifications. The Coinbase Card app makes it easy to manage your spend on the go.

DeFi Insurance Firm had actually made its first payout following the bZx attack that we went over a couple days ago. Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a bug yielded an exploit of its smart contract, a couple of accounts that did were covered by Nexus Mutual, the London-based crypto insurance company. 

Thank you for listening to Everything Crypto podcast. This is episode 048 of Everything Crypto

Bitcoin (BTC) took its biggest daily fall in three months on Wednesday, potentially trapping the bulls on the wrong side of the market.

Prices were rejected near $10,300 during the U.S. trading hours and fell sharply by $800 to levels near $9,300 in the 30 minutes to 22:00 UTC before closing the day near $9,600 – down over 5.5 percent on the day. That's the biggest single-day drop since Nov. 21.

That being said, despite the $800 fall, bitcoin's broader trend still remains bullish, with prices holding above the higher low of $9,075.

We have seen this many times throughout the years of trading Bitcoin as this seems like a normal healthy pull-back. But must always watch out while trading on leverage as there had been over $126+million liquidated from this down fall!

Thank you for listening to Everything Crypto podcast. This is episode 047 of Everything Crypto

Craig Wright claimed that Bitcoin is his intellectual property and that all of those that infringed on it (i.e. Bitcoin Core developers) are about to be legally prosecuted. The self-proclaimed Satoshi Nakamoto outlined other equally ridiculous ideas in his blog post, including that all nodes and miners in the Bitcoin network are his personal agents.

More than 4,000 BTC will be auctioned today by the United States Marshals Service (USMS). The procedure will happen with sealed bids where the highest bidder gets the bitcoins. All of the bitcoins included in the auction have been forfeited in different federal criminal, administrative, and civil cases.

FCoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal as it reveals a shortage of crypto assets worth up to $130 million.

With all the crypto news going on in this space, Bitcoin has still managed to break the 10k mark once again! Bitcoin bulls have been strong and have been giving a great fight!

Thank you for listening to Everything Crypto podcast. This is episode 046 of Everything Crypto

1. Protecting your cryptocurrency investments. ...

The next Bull Run is just right around the corner and you don't want to miss it!

Thank you for listening to Everything Crypto podcast. This is episode 045 of Everything Crypto

The most popular crypto-centric question today is about the details of the infamous bitcoin mining halving.

Every four years, Bitcoin’s block reward (earned by miners who successfully add new blocks to the end of BTC's blockchain) is cut in half.

First, a reduction from 50 BTC to 25 BTC in November 2012, then the second halving shifted the pre-determined goalposts from 25 to 12.5 BTC in July 2016. Now, the anticipation of the next halving event will see the block rewards drop from 12 to 6.25 BTC in May 2020.  This permanent change in the mining rewards system for newly-minted bitcoins is Satoshi's vision for designing a deflationary, digitally-scarce cryptoasset.

The excitement is now building up about what effects the halving will have on bitcoin's price and the entire cryptocurrency market, knowing the 18th million BTC (85% of all) has already been issued to-date.

The biggest question of all is, how will this effect Bitcoin with this years halving? What price will bitcoin be by the end of 2020?

Thank you for listening to Everything Crypto podcast. This is episode 044 of Everything Crypto

Bitcoin is blowing up, BTC has crossed $10k again and a lot of speculation about the bitcoin block reward halving upcoming in May 2020. Cryptocurrency market as a whole is going to move into the biggest bull market we have ever seen. What are you waiting for? Historically Bitcoin halvings have positively impacted price, do not miss out on the largest redistribution of wealth. Bitcoin has been on a down-trend for a while and it is finally now reversing. Btc is started to hit higher highs and higher lows which is very bullish for the crypto space! 

Thank you for listening to Everything Crypto podcast. This is episode 043 of Everything Crypto