Bitcoin KRW (BTC-KRW)
- Yahoo Finance Video
What are stablecoins? Everything investors need to know
Alongside surging interests in bitcoin (BTC-USD) and the crypto space on 2024 highs, it may be confusing to understand all the terminology that comes with it. One of the top terms heard on Wall Street with crypto is stablecoin, which is a cryptocurrency with a value that is tied to that of another currency, commodity, or financial instrument. Yahoo Finance Anchor Bradley Smith breaks down the term and everything you need to know about stablecoins For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
Bitcoin halving is nearing: What crypto traders should know
Bitcoin's (BTC-USD) halving event is expected to take place this weekend, either Friday, April 19 or Saturday, April 20. Commonly referred to as "the halvening," the halving event operates to reduce the number of available bitcoins in circulation once every four years, directly impacting profits for sections of the crypto landscape such as major bitcoin miners. Mizuho Securities Managing Director Dan Dolev joins the Morning Brief to discuss what the halving could mean for the price of bitcoin, altcoins, and trading activity on crypto exchanges like Coinbase (COIN). "The publicity that the halvening has right now is multiples of what it was in the last cycle, and definitely like two cycles ago," Dolev tells Yahoo Finance. "The bitcoin was already fully pricing in its kind of sell-the-news event at this point... Once the event actually happens, there's going to be a running for the exit..." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Barrons.com
Bitcoin Keeps Dropping. Why the ‘Halving’ Should Bring Prices Back Up.
The crypto has fallen this week ahead of a key catalyst. Traders are bracing for more declines but the longer-term outlook is stronger.
