![Bitcoin Rally to Continue in 2024](https://blockchainlab.co.in/wp-content/uploads/2024/05/Bitcoin-Rally-to-Continue-in-2024-768x480.webp)
Recent data and analyses confirm Bitcoin's ongoing 2024 rally will persist, with predictions of recovery beyond $60k towards $90k. Factors including funding rates, macro-diagonal theory, and halving effects.
![Bitcoin ETF Flows Turns Positive](https://blockchainlab.co.in/wp-content/uploads/2024/05/Bitcoin-ETF-Flows-Turns-Positive-768x480.webp)
On May 3, 2024, all major spot Bitcoin ETFs recorded their first significant inflows in eight days, totaling $378 million, reversing a previous outflow streak caused by short-term investor volatility.
![Bitcoin Crash](https://blockchainlab.co.in/wp-content/uploads/2024/05/Bitcoin-Crash-768x480.webp)
In the past 24 hours, Bitcoin's price dropped from $63,200 to $57,165 due to ETF outflows, a disappointing Hong Kong ETF debut, miner sales, and overall market bearishness. Analysis of on-chain data, fundamental metrics, and technical charts suggests a bearish trend might continue, exacerbated by negative sentiment and external market pressures.
![When Will Altcoins Rally](https://blockchainlab.co.in/wp-content/uploads/2024/04/When-Will-Altcoins-Rally-768x480.webp)
A post-halving rally in Bitcoin is expected to spur similar growth in major altcoins between August and October 2024. Factors like miners' BTC holdings and US monetary policies may initially delay this rally.
![Bitcoin Runes Outperform Bitcoin Ordinals](https://blockchainlab.co.in/wp-content/uploads/2024/04/Bitcoin-Runes-Outperform-Bitcoin-Ordinals-768x480.webp)
We expect Bitcoin Runes to have a similar or even much stronger performance as compared to Ordinals because of demand in the Memecoin markets.
![Bitcoin Runes](https://blockchainlab.co.in/wp-content/uploads/2024/04/Bitcoin-Runes-Featured-Image-768x480.webp)
Bitcoin Runes, launched with Bitcoin's 840,000th block, are a new token standard improving upon BRC-20. The token standard was developed by Casey Rodarmor.
![The 4th Bitcoin Halving is Over](https://blockchainlab.co.in/wp-content/uploads/2024/04/Bitcoin-Halving-is-Over-768x480.webp)
On April 20, 2024, the fourth Bitcoin Halving cut block rewards to 3.125 BTC, amidst challenging macroeconomic conditions and future event uncertainties.
![Bitcoin Mining Profitability in 2024](https://blockchainlab.co.in/wp-content/uploads/2024/03/Bitcoin-Mining-Profitability-in-2024-768x480.webp)
Although the halving will reduce block rewards to 3.125 BTC, still with the expected rise in price, Bitcoin Mining would still be profitable.
![Bitcoin Selloff due to FTX](https://blockchainlab.co.in/wp-content/uploads/2024/01/Bitcoin-Selloff-due-to-FTX-768x480.webp)
FTX sold nearly $1.6 billion worth of Grayscale Bitcoin Trust (GBTC) shares which led to the fall in Bitcoin prices.
![Smart Contracts](https://blockchainlab.co.in/wp-content/uploads/2024/01/Smart-Contracts-768x480.webp)
Smart Contracts are pieces of codes that automatically execute blockchain transactions based on a set of inputs given.
![Bitcoin Halving Dates](https://blockchainlab.co.in/wp-content/uploads/2024/01/Bitcoin-Halving-Dates-768x480.webp)
Halving means a phenomenon in blockchains by which block rewards are reduced to half of their previous value.
![Coins vs Tokens](https://blockchainlab.co.in/wp-content/uploads/2024/01/Coins-vs-Tokens-1-768x480.webp)
Tokens are those cryptocurrencies which exist on other blockchains; and might or might not have their own blockchain. Understand the difference of coins vs tokens.