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#Bitcoin Halving: The coded curb on #inflation, where miners' rewards are halved, propelling #BTC scarcity to new heights. ⛏️

A cycle of scarcity, occurring every 210k blocks, steering Bitcoin closer to its 21 million #marketcap.

Dive deeper into the miner's realm in our full video: https://www.youtube.com/watch?v=KOfNqL3dxDA

#BitcoinHalving #Coinpedia #Crypto
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.
#BitcoinHalving Countdown

The Next #Bitcoin halving, anticipated to occur in April 2024 at block number 840,000, will reduce the #mining reward by half.

This event will decrease the reward for mining a new #block on the Bitcoin network from the current 6.25 BTC to 3.125 #BTC.
Crucial Dates in the #Crypto in the First Quarter of 2024


1️⃣12 February 2024 - #Ripple Remedies:

— SEC brief on potential Section 5 violation remedies by 13 March 2024.
— Ripple's opposition due by 12 April 2024; SEC's final response by 29 April 2024.

2️⃣ 15 February 2024 - Do Kwon's Detention Ends:

—High Court in Montenegro extends Do Kwon's detention; set to end on 15 February 2024.


3️⃣ 23 February 2024 - #CZ's Sentencing:

—CZ pleads guilty to Bank Secrecy Act violation; sentencing on 23 February 2024.


4️⃣#Coinbase dismisses SEC claims on 17 Jan 2024

Important Dates for Transcript Process:

—Redaction requests due by February 12, 2024.
—Deadline for redacted transcript: February 22, 2024.
—Restriction on transcript release lifted on April 22, 2024.

5️⃣28 March 2024 - #SBF's Sentencing:

—SBF's motion to delay sentencing to May 2024 denied; Q1 sentencing remains on 28 March 2024.

6️⃣ Fourth #BitcoinHalving Expected Date:

—Anticipated on 23 Apr 2024 at 00:16:06 UTC.
Top #CryptoNews In Last 12 Hours

1️⃣#Fed's Christopher Waller says #cryptocurrencies are growing quickly and might challenge dollar dominance, but it's unlikely due to the popularity of U.S. dollar #stablecoins.

2️⃣Joe Burnett, a manager at a #Bitcoin financial company, suggests #Binance MicroStrategy should join S&P 500, needing $3.7B more market cap; could boost Bitcoin exposure in portfolios.

3️⃣Galaxy Digital's research indicates #Bitcoinhalving in April could cause 20% #mining power shutdown due to the reduced block rewards, impacting profits.

4️⃣#Uniswap Foundation plans to launch Uniswap v4 in Q3 2024 after #Ethereum's #Dencun upgrade in March 2024.

5️⃣Mad Lads' Backpack Exchange hit $300M trading in 24 hours, propelled by exchange popularity and #Solana #blockchain potential.

6️⃣#VeChain's price surged 35% in 24 hours,leading among top #cryptocurrencies, Positive sentiment, AA implementation, MWC 2024 event fuel momentum. Analysts predict further growth.
Exploring the impact of Bitcoin halving events:

A glimpse at the historical performance 1 year and 1 month post-halving. Witness the dramatic changes from 2012 to 2020.

How will this halving shape the future of Bitcoin?




#BitcoinHalving #Bitcoin #Cryptocurrency #CoinPedia
Happy Bitcoin Halving Day!

Completed at a block height of 840,000, this milestone marks another exciting chapter in BTC's journey, reducing mining rewards and potentially influencing the market.

Here’s to the future of Bitcoin!




#Bitcoin #BTC #BitcoinHalving #Cryptocurrency #Miners #Coinpedia
Breaking News: 4,000 $BTC Moved by Mt. Gox Trustee for the First Time in 5 Years
#bitcoinhalving
🚨 August was the toughest month for #Bitcoin miners in 2024!

Miner revenue hit $827.56M, a 10.5% drop from July’s $927.35M, but up 5% from last year.

This drop follows a surge in mining difficulty and decreased transaction volumes after April’s halving reduced block rewards by 50%. 🔍


#Bitcoinhalving #Crypto #Mining #CryptoNews #Coinpedia