Bitcoin traders are at odds about where the price of BTC may head after it failed to flip the $40,000 level to support.
Bitcoin Halving News
Bitcoin halving is a process of dividing the number of generated rewards per block in order to maintain the total supply of Bitcoin, which will not exceed 21 million. Block rewards are the main engine of Bitcoin mining and, therefore, the main power behind the operation of the network. Bitcoin halving happens every 210,000 blocks and reduces the reward for 50 percent every time in a geometrical progression. The initial block reward in 2009 was 50 Bitcoins, the current Bitcoin reward is 12.5 coins. The next Bitcoin halving is expected to happen in May 2020 and will decrease the reward to 6.25 coins. Bitcoin halving is a crucial part of Bitcoin and most other cryptocurrencies, as it is the main algorithm of emission control and a part of what makes Bitcoin successfully maintained without any authority.
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A deep dive into the three bubbles Bitcoin has faced during its existence, and how the BTC halving phenomenon impacts the price.
32427Bitcoin is facing a liquidity crisis — and this crypto app is connected to four leading exchanges to ensure that customer’s orders can always be executed at the best price.
31665Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020.
22055Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020.
9972As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged.
15389Do Bitcoin's market cycles depend on its structure as an asset, human psychology or both?
12752Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains.
42202The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors.
37500Miners are likely starting to sell some BTC at this point.
12408But with Bitcoin demand on the rise, can we expect more scarcity?
41174Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears.
5558How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry.
28447While Bitcoin’s value seems to have stagnated over the past few months, some believe that a price surge is just around the corner.
47991One month after the Bitcoin halving, several key factors seem to point to a pivotal change in the BTC market and investor behavior.
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