Tag: Halving
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Bitcoin Now Up Over 110% This Year In Anticipation of Spot ETF Approval And Halving
[ad_1] Bitcoin has risen over 110% in 2023 at the time of writing, where the price of the asset started the year off at $16,677 on January 1, has now pumped to above $35,000 only 10 months later. With more room to run this year as hype builds in the market around the potential approval…
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Bitcoin Halving Countdown 2024 + Past Halvings
[ad_1] Bitcoin will soon go through a major event called a halving, which reduces the reward Bitcoin miners receive for each new transaction block by half. It will be the fourth time in its history that BTC has undergone a halving, which occur every 210,000 blocks, or approximately every 4 years. Halvings slow the creation…
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Max profit alert? Bitcoin has a total of 32 halving events and we’ve only seen 3
[ad_1] Since the cryptocurrency’s inception 14 years ago, the Bitcoin network has undergone only three halving events. Indeed, according to data provided by crypto content creator Shalva Machitidze, Bitcoin has a total of 32 halving events with 29 remaining, with attention focusing on how the asset will be impacted. submitted by /u/Buzzalu …
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Litecoin Halving 2023 Explained + What It Means for LTC
[ad_1] The Important BitsLitecoin is about to undergo the third halving event of its existence, which occurs every 840,000 blocks, or approximately every 4 years. Halvings are a process by which the amount of block rewards paid to miners is reduced by half. The mechanism is hard-coded into Litecoin to keep inflation in check while…