Bitcoin halving

2024 - 4 - 20

Everything You Need to Know About the Recent Bitcoin Halving Event

Bitcoin - Bitcoin halving - cryptocurrency

Discover the latest buzz on Bitcoin halving and how it impacts the cryptocurrency world. Dive into the details of this significant event!

Bitcoin halving has been the talk of the town recently, with the event scheduled for this weekend. The halving, which happens roughly every four years, involves reducing the rewards miners receive for verifying transactions on the Bitcoin network. This time, the halving took place late Friday or early Saturday, affecting the issuance rate and miner rewards. Analysts like Gautam Chhugani from Bernstein view mining stocks as BTC proxies due to the absence of Bitcoin ETFs.

Chris Gannatti, the global head of research at WisdomTree, emphasized the significance of the halving as one of the most critical events in the cryptocurrency world. The reduction in miner rewards impacts the supply of Bitcoin and can potentially affect its market value. This event underscores Bitcoin's status as a scarce commodity, with only 21 million tokens available in total.

Despite being considered a risky asset, Bitcoin has continuously attracted traders and miners. The recent halving, marking the fourth in Bitcoin's history, holds importance for the cryptocurrency market. Traders often analyze past halving events to predict potential price movements post-halving. In the previous halving in May 2020, Bitcoin's price surged by around 12% following the event.

Bitcoin's halving event has implications on both miners and traders, shaping the future of cryptocurrency investments. As the Bitcoin blockchain evolves with each halving, its scarcity and value proposition become more prominent. Investors closely monitor these events for potential trading opportunities and long-term investment insights.

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Image courtesy of "Livemint"

Bitcoin halving scheduled for this weekend - here's how it will impact ... (Livemint)

Based on current projections, the upcoming halving is expected to occur either late Friday or early Saturday.

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Image courtesy of "CNBC"

The Bitcoin network completes the fourth-ever 'halving' of rewards to ... (CNBC)

“The market so far has seen bitcoin mining stocks as mere BTC proxies, in absence of bitcoin ETFs,” said Bernstein analyst Gautam Chhugani. ”[The] halving would ...

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Image courtesy of "Reuters UK"

Bitcoin 'halving' has taken place, CoinGecko says (Reuters UK)

Chris Gannatti, global head of research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events ...

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Image courtesy of "DL News"

The Bitcoin halving just happened — here's what it means (DL News)

Bitcoin is considered to be a risky asset. Mining Bitcoin. The Bitcoin blockchain is maintained by miners. Their job is to add new blocks to the blockchain and ...

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Image courtesy of "Coindesk"

Bitcoin Blockchain Has Fourth 'Halving' in 15-Year History, in Show ... (Coindesk)

Crypto has the Bitcoin halving. The once-every-four-years bitcoin (BTC) reward halving took place at 00:09 UTC on Saturday, when the 840,000th block was added ...

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Image courtesy of "Investopedia"

So, Bitcoin Halving Is Done. What Happened and What's Next? (Investopedia)

The much awaited bitcoin halving occurred late Friday evening. While it cuts the new bitcoin issuance rate and bitcoin miner rewards in half, its impact on ...

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Image courtesy of "Business Standard"

How Bitcoin's 'halving' can burnish its value as a scarce commodity (Business Standard)

The halving comes after bitcoin hit an all-time high of $73803.25 in March.

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Image courtesy of "The Associated Press"

Bitcoin halving: What you need to know (The Associated Press)

Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut.

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Image courtesy of "Deccan Herald"

Bitcoin 'halving' has taken place, CoinGecko says (Deccan Herald)

For some crypto fans, the halving will underscore bitcoin's value as an increasingly scarce commodity. Nakamoto capped bitcoin supply at 21 million tokens. But ...

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Image courtesy of "Reuters UK"

Bitcoin's 'halving': what is it and does it matter? (Reuters UK)

Still, traders and miners have studied past halvings to try and gain an edge. When the last halving happened on May 11, 2020, the price rose around 12% in the ...

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Bitcoin Halving: World's biggest crypto reaches supply milestone ... (Livemint)

The Bitcoin halving comes after a period of significant price fluctuations for Bitcoin. In March, it reached an all-time high of USD 73803.25, but has since ...

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Image courtesy of "Coindesk"

Google Searches for 'Bitcoin Halving' Get Higher Than 4/20 (Coindesk)

Less than 60 blocks away, the fourth Bitcoin halving will see the number of bitcoin paid out as a block reward to miners cut in half from the current 6.25 BTC ...

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Bitcoin halving done, spurs mixed reactions among enthusiasts and ... (Business Today)

Following the halving, Bitcoin's market performance remained relatively stable, experiencing a slight decrease of 0.47% to settle at $63747.

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Explained: Bitcoin's "Halving" And How Does It Happen (NDTV Profit)

London: Bitcoin, the world's largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to ...

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Bitcoin's latest 'halving' has arrived: What you need to know (Times of India)

Cryptocurrency News: Bitcoin undergoes a process known as "halving," which gradually reduces the rate at which new bitcoins are generated, thereby limiting ...

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Image courtesy of "Times of India"

'Halving' arrives for bitcoin miners (Times of India)

International Business News: The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step ...

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Image courtesy of "Forbes"

Bitcoin Halving 2024: Not With A Bang, But A Whimper (Forbes)

On April 19, 2024, the block reward for bitcoin miners was reduced by half, from 6.25 BTC per mined block to 3.125 BTC per mined block. However, you wouldn't ...

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