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11th Anniversary of the First #BitcoinHalving!

⚡️On November 28, 2012, Bitcoin experienced its first halving, reducing the mining reward from 50 to 25 BTC, with the $BTC price at approximately $12.

⚡️The second halving in July 2016 cut it further to 12.5 #BTC with price trading at $660.

⚡️In the third halving in May 2020, the reward was again halved to 6.25 BTC per block, with BTC Price Trading around $8,600.

⚡️The next Bitcoin halving will occur in April 2024 when the block height reaches 840,000. It will see the block reward fall from 6.25 to 3.125 #bitcoins.
🔵 Top #CryptoNews In Last 12 Hrs 🔵


🔵
#MicroStrategy's Q4 2023 Financial Report reveals the acquisition of 850 #bitcoins for $37.2 million in January.

🔵 The SEC postponed its decision on Invesco Galaxy's spot
#EthereumETF application.

🔵 The U.S. Treasury Secretary proposes establishing a federal regulator for
#stablecoins.

🔵 U.S. SEC implements rule change, signaling potentially tighter oversight for
#DeFi.

🔵
#BlackRock's #BitcoinETF achieves significant success, ranking among 2024's top 0.2%.

🔵 Ripple vs SEC:
#Ripple requests an extension until February 20th for disclosing financial information in the SEC lawsuit.
Top #CryptoNews of Last Week

1️⃣ #BTC surged 5.25% on February 28th, exceeding $60,000, hitting a record high of 64K. February saw a nearly 45% increase.

2️⃣ In February, #Ethereum surged over 47%, hitting 3.4K on February 28th. It marked its sixth month of gains and its best since July 2022.

3️⃣#MicroStrategy bought 3,000 #bitcoins at $51,813/coin. By Feb 25, 2024, they held 193,000 bitcoins. #Saylor's wealth surged $700M.

4️⃣ Hong Kong's SFC CEO Anita ordered service providers to halt operations by May 31st without licenses. Deadline for virtual asset licenses passed on February 29th.

5️⃣President Nayib Bukele revealed #ElSalvador's #Bitcoin profits surpassing 40% with no plans to sell holdings. Acquisition cost: $44,292; 2,381 #bitcoins held.

6️⃣#SBF's lawyer seeks 63 to 78 months imprisonment, disputing fraud claims. SBF's diagnosed anhedonic depression considered for reduced sentence.

7️⃣After Nigeria banned cryptocurrency trading sites, executives were detained, and passports seized. Central Bank expressed concern over #Binance's operations.

8️⃣#Gemini returned $1.1 billion to customers post-settlement with NYDFS, addressing compliance lapses and reputational damage.

9️⃣ #DoKwon's potential extradition delays from Montenegro might make him miss the US civil trial against the SEC scheduled on March 25th.
How to find #MtGox #Bitcoins have not yet been distributed ?

The Mt. Gox addresses are public, so you can track their on-chain activity.

They hold 3 addresses, each containing 47,228
$BTC.
Following are the Top 5 countries with #Bitcoin Holdings :

1. 🇺🇸 USA : 207,189 BTC
2. 🇨🇳 China : 194,000 BTC
3. 🇬🇧 UK : 61,000 BTC
4. 🇺🇦 Ukraine : 46,351 BTC
5. 🇸🇻 El Salvador : 5,807 BTC

#Bitcoin2024 #Crypto #Bitcoins