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Twitter’s cryptocurrency community has been bursting with interest surrounding the Bitcoin halving. Facing an onslaught of price speculation as discussion debates whether less supply of Bitcoin released into the market means a higher demand for coins. LunarFeed on Twitter detailed how the Bitcoin Halving has effected price throughout the years. Meanwhile, bitcoin’s hash rate, a measure of the computing power being directed at the bitcoin network, has climbed to a fresh all-time high over the past week as miners try to squeeze as many bitcoin from the network as possible before the halving. Bitcoin Project. “Bitcoin: A Peer-to-Peer Electronic Cash System,” Pages 1-5. In an X post on Aug. 15, Myers, who is co-founder of Bitcoin investment firm Onramp, said that the market will only “price in” the halving post factum.
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ETH is the Ethereum blockchain’s currency with which users can pay fees, use app features, mint artworks, and more, giving Ethereum a purpose beyond simple store-of-value. It stands as a crucial part of the Ethereum network as a whole. This alone would make it very difficult for Ethereum to drop to zero, as all the developers who rely on this blockchain would have to turn their backs on it entirely. After its massive recent slump, Ethereum price has bounced back, rallying 30% within 48 hours. Experts noted that this ETH recovery has outpaced Bitcoin as the altcoin made a comeback above $1,100 within two days. Experts noted that Ethereum is currently the best-performing asset in the top five cryptocurrencies by market capitalization.  2022 marked an especially low point for Shiba Inu, as it shed more than three-fourths of its value. The meme coin, named after the Japanese canine breed, ended the year at $0.00000807, down 75.8% year over year, as investors avoided risky bets and moved toward safer investments amid macro and geopolitical uncertainties.

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