Cryptocurrency enthusiasts have eagerly anticipated the third week of April, counting down the days until a potentially crucial moment in Bitcoin’s development called “the halving.” Essentially, the halving is a scheduled reduction in the number of new Bitcoin that go into circulation.
Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created. The halving,
Next, that Bitcoin network comprises thousands of high-powered computer servers, also known as miners, around the globe, which are jockeying against each other in 10-minute cycles
In the ever-fluctuating world of cryptocurrency, few events have the power to send shockwaves quite like Bitcoin's turbulent movements. As the leading digital asset experiences a sharp downturn in the days leading up to its much-anticipated halving event,
Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price.
Castle Island Ventures Founding Partner Nic Carter says everybody knows the Bitcoin halving is coming, so it should be priced in. He says the factors that matter for the Bitcoin price are adequate liquidity conditions and ETF flows.
To understand the halving process is to understand Bitcoin's long-term potential. At its core, the halving is a mechanism designed to control the issuance rat