Crypto Pundit Says Bitcoin Halving Is A ‘Buy The News’ Event
The fourth Bitcoin halving has now been completed and crypto investors look forward to its outcome in terms of the price of Bitcoin and other cryptocurrencies. As the biggest crypto asset, the price of most altcoins are largely correlated with Bitcoin’s, making the halving event very important to all investors. Related Reading: Stablecoins Get A […]
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The day of the halving is here and the event is certain to influence the price of bitcoin at a time when the value of the cryptocurrency has spiked nearly 50% since the turn of the year. It is the day of the second halving event in bitcoin’s history, one which will see miners’ block rewards halve from 25 to 12.5 bitcoins. Industry executives weighed in to have their say on the halving event. Sheffield Clark, CEO of Bitcoin ATM network Coinsource is bullish on the immediate price effects induced by the halving. I believe it will definitely lead to some spurts of volatility with the....
The bitcoin price has increased nearly 50% since January 1. While the year has been tumultuous economically for the world, an upcoming network event called a Bitcoin halving could have had price implications and led to the big gains for Bitcoin price. Though, based on the only historical halving, which took place in 2012, the unsurprising nature of the halving event could limit price volatility. At least for now. What is the Bitcoin halving? Using computers to contribute transaction data to the bitcoin blockchain, miners must provide a proof of work to receive a Bitcoin block reward for....
Guide: What Is The Bitcoin (BTC) Halving? The anticipation around the next BTC halving is palpable among investors and cryptocurrency enthusiasts alike. This process, which slashes the reward for mining Bitcoin transactions in half, is a pivotal event for the economy of the flagship cryptocurrency. The next BTC halving date is not just a mark on the calendar; it’s a beacon for potential shifts in value and market dynamics, making the question “when is the next BTC halving” all the more critical for market participants. This comprehensive guide dives deep into the concept....
Bitgesell, the evolutionary successor of Bitcoin, has recently concluded its halving event, today March 28th, 2021. Triggered by the blockchain hitting block 52500, the first annual halving event on Bitgesell ecosystem has reduced the block reward from the previous 200 BGL to 100 BGL as the blockchain moves ever closer toward becoming an ideal store […]
The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed at times like these. Bitcoin Price Trends For Previous Halvings There have been three halvings so far since Bitcoin was first launched in 2009 and with each one, Bitcoin has demonstrated various reactions to the event. The first halving took place on November 28, 2012, the second happened....