December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
The BSV Halving is Approaching! A Complete Guide for Beginners
What’s Going to Happen
BSV (Bitcoin SV) is approaching a major event on July 16: its halving. It might sound complicated for beginners, but the mechanism is actually simple.
What is BSV, Anyway?
BSV is part of the Bitcoin family. In 2017, disagreements over “block size” within Bitcoin led to the creation of BCH (Bitcoin Cash). Then in 2018, the same debate occurred within BCH, leading to the birth of BSV.
In short: Bitcoin → BCH → BSV—this is the branching flow.
What’s a Halving?
Bitcoin-based coins are programmed so that “miner rewards are cut in half” every four years. This is Satoshi Nakamoto’s mechanism to limit supply.
In BSV’s case:
What Happened in the Past
Before the 2020 halving, BSV’s price crashed from $450 to $80. It’s common for prices to drop before such events.
However, this time might be different. The overall market is currently in an uptrend. Since BSV’s halving comes before BTC’s, this could be a chance to aim for new highs.
Why is BSV Special?
BSV’s biggest weapon: unlimited block size.
Regular Bitcoin has a fixed block size (1MB), making transactions slow and fees high. On the other hand, BSV went from 128MB to removing block size limits entirely through upgrades. This means a single block can process a huge number of transactions.
But There Are Problems
As blocks get bigger, node requirements increase. As a result, only a handful of operators run the network, creating a risk of centralization. This is one reason BSV has been attacked multiple times.
Additionally, BSV is less popular than BTC or BCH and has lower liquidity. Miner incentives are also dwindling.
Key Points to Watch
When these three factors align, the chance for a short-term price surge increases. However, due to low liquidity, expect high volatility.
How to Buy
Available on Gate.io. You can choose between spot trading or futures trading.
⚠️ Disclaimer: This article is for educational purposes only. Make investment decisions at your own risk.