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Bitcoin's latest 'halving' has arrived: What you need to know

IndiaTimes Saturday, 20 April 2024 ()
Bitcoin undergoes a process known as "halving," which gradually reduces the rate at which new bitcoins are generated, thereby limiting the overall supply. This method has systematically decreased the mining reward over time, aligning with the creator Satoshi Nakamoto's vision to cap the total number of bitcoins at 21 million.
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Video Credit: Rumble - Published
News video: Bitcoin Price Upper Limit Set at $4.5 Million THIS Halving Cycle

Bitcoin Price Upper Limit Set at $4.5 Million THIS Halving Cycle

As the 4th Bitcoin Halving concluded, experts have offered bold predictions for BTC’s future. Ecoinometrics, a leading crypto insights provider, has set the upper bound for the Bitcoin price in the fourth halving cycle at an astounding $4.5 million per BTC.

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