Fourth Bitcoin halving is a moment For celebration
Monday, 22 April 2024 () By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference - the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.
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.
Join us as we delve into the intricacies of Bitcoin Halving, a pivotal event in the world of cryptocurrency and finance. Learn what Bitcoin Halving is all about, how it affects miners, and its broader..
Bitcoin was released in 2009 as peer-to-peer digital cash for use by everyone, bypassing banks and governments. In 2017, Bitcoin (BTC) was co-opted and transformed into a store of value, dubbed..
Today, we're diving deep into the charts to uncover a hidden bullish divergence on the 4-hour timeframe for Bitcoin. Join us as we explore what this might mean for the price of Bitcoin,..
Monday, 22 April 2024 ()
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