Bitcoin halving is complete. 2 Cryptocurrencies You Can Buy Now.

much anticipated Bitcoin (BTC 0.87%) The halving came and went without the fireworks some had expected. The price has barely moved since April 19, 2024. But don’t be fooled. The long-term effects of Bitcoin halvings are well-documented and often lead to significant price increases in the following months, but sharp increases are not immediate.

The cryptocurrency market remains rich in opportunities, especially with the recent approval of the Bitcoin spot price ETF in January and the upcoming approval in January 2019. Ethereum (ETH 1.66%) Spot ETF this summer. The launch of the ETF and Bitcoin ​​halving will have a positive impact on the cryptocurrency sector as a whole.

Here are two cryptocurrencies to watch right now: It will burn slowly until it stops burning suddenly. I’m not trying to rush you, but just to make sure you aren’t left empty-handed when the real price surge begins. The exact time has not yet been determined, and it would be better to launch it sooner rather than later.

Classic Bitcoin Play

You can’t go wrong with a classic. The cryptocurrency leader just underwent its fourth halving, reducing its block reward from 6.25 to 3.125 digital coins. A low coin creation rate lowers Bitcoin’s effective inflation rate, which is currently at a cautious 0.85%. By comparison, the mining and recycling rates of physical gold result in 3.1% annual supply-side inflation for traditional store-of-value leaders.

Ark Invest’s Cathie Wood sees Bitcoin’s inflationary value falling significantly below that of gold, with institutional investors now more likely to treat the biggest cryptocurrency names as long-term value investments.

Historically, Bitcoin halvings have set the stage for significant price increases, even if the effects are not immediate. Think of it like planting a seed. The fruit may not be visible yet, but it is growing beneath the surface.

According to existing chart patterns, Bitcoin is likely to surge over the next 12 to 18 months. I acknowledge that this analysis is more of a low-level technical analysis, but it is also based on real and dramatic changes to the economic model of Bitcoin mining. The data set on historical responses is very small. This is because this is only the fourth four-year halving cycle in Bitcoin history. Several unique developments in the market environment also cloud market reactions. So it’s difficult to say exactly how far this surge will go. However, the upward direction of the upcoming Bitcoin price chart is very clear.

As more investors gain exposure through spot ETFs, Bitcoin remains a solid choice for beginners and seasoned cryptocurrency enthusiasts alike.

Polkadot: The Web3 Revolution Is Coming

The Web3 Foundation’s official blockchain network and cryptocurrency have had a rough ride in 2024. polka dot (dot 3.60%) As investors wait for the Web3 revolution, prices are rising and rising in the wind. Polkadot’s price is currently down 87% from its 2021 all-time high and down 39% from its short-term surge in March.

But here’s the thing about Polkadot: This is a project with great ambitions. The ability to help different blockchains interoperate seamlessly could be a game-changer. Polkadot will be the digital glue that holds the Web3 architecture together, leveraging the unique strengths of each blockchain system in a single app creation framework.

The current price drop presents a potential buying opportunity for investors who believe in the transformative power of Web3. As the ecosystem matures and adoption increases, Polkadot tokens could benefit significantly.

And while you wait, don’t forget to stake your Polkadot tokens. The annual rate of return, similar to interest on a savings account or dividends on stocks, varies over time, but is currently 12.3% for me. coinbase account. Not too shabby, right?

Luck is on the side of the prepared

Cryptocurrency markets may seem quiet following the halving, but there is a lot of activity beneath the surface. Bitcoin offers stability and proven post-halving growth, while Polkadot represents an investment in future technologies, and both are poised for strong price appreciation in the next year or two.

Keep these cryptocurrencies on your watchlist and don’t be afraid to invest your cash in these new digital assets. Remember. No one knows exactly when prices will rise again like they did four years ago.