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☄️🛰️ A Deep Dive into the Intrigacies of 4th Bitcoin Halving In May 2020, the Bitcoin network underwent its 4th halving, marking a significant milestone for the world's premier cryptocurrency. As explained in a detailed visual essay by the Visual Capitalist, Bitcoin halving events, scheduled approximately every four years, are built into its design as a deflationary measure. Bitcoin halving reduces the number of new coins created and earned by miners by half. This halving continues till all 21 million Bitcoin are mined, slated to be accomplished by 2140. This "hard-coded" scarcity mirrors the strategy of precious metals mining, making Bitcoin a "digital gold". This ingenious supply control method has led to substantial price rallies in the past. Notably, the 4th halving cut miners' reward from 12.5 to 6.25 bitcoins. The consequent drop in Bitcoin supply growth rate, coupled with rising demand, has historically seen prices surge. While Bitcoin was created as a reaction to the 2008 financial crisis, its 2020 halving coinciding with COVID-19 economic turmoil has elevated its appeal as a hedge against traditional market volatility. This visually-rich exploration portrays the history and significance of Bitcoin halving, underlining its potential to be a digital store of value amidst global economic uncertainties. #BitcoinHalving #DigitalGold #CryptocurrencyMarket Note: Please ensure to comply with LinkedIn's policies and guidelines on publishing content related to cryptocurrencies. Update as of Mar 11 2024 & You can read more about this here: https://lnkd.in/gpZSw88V by Visual Capitalist 🔗Follow for more 📈🫡 & Lets connect: https://lnkd.in/dkis_kdf Join the MarTech community here: https://tally.so/r/3NWD6B

The next Bitcoin halving is approaching. Gain insights into the historical impact of such events to maximise your profits in the upcoming crypto bull run 📈

🔍 The #BitcoinHalving: What You Need to Know The highly anticipated 4th Bitcoin #halving is set to take place #tonight. This significant event in the #crypto world occurs roughly every 4 years & cuts the reward for Bitcoin #miners in half. 📉 Here are the #keypoints about this upcoming #halving: 💻 #Bitcoin miners will see their rewards reduced from 6.25 to 3.125 BTC per block mined. This will impact miner #profitability & likely lead to some #operationaladjustments. 📈 Historically, Bitcoin #priceshavesurged in the lead-up to halvings, with gains of 5% (2012), 13% (2016), and 27% (2020) in the 30 days prior. 🌐 Halvings have driven #cryptoadoption, with a spike in new Bitcoin #addresses created post-halving events. In the first 150 days after each previous halving event, the number of newly created Bitcoin addresses grew by 83% in 2012, 101% in 2016, and 11% in 2020. ⛏️ The #hashrate (computing power used for mining) tends to dip initially after halvings as some miners exit, but it recovers within an average of 57 days. 🔗 While Bitcoin is correlated with other cryptocurrencies like Ethereum, its correlation with major stock indices like the S&P 500 and Nasdaq has weakened recently. 📍 The #geography of crypto mining is expected to shift, with miners seeking #cheaper & #morereliable #energy sources, potentially benefiting regions like #LatinAmerica, #Asia, #Africa, & the #MiddleEast. 🌐💰While the halving event is #partiallypriced in, it remains a #pivotalmoment for the #Bitcoin ecosystem & the wider #crypto space. Deutsche Bank Deutsche Bank Research

Today's article delves into the recent green light for Bitcoin ETFs and the eagerly awaited Bitcoin halving on the horizon. The impending Bitcoin halving event is stirring considerable optimism, presenting yet another grounds for optimism regarding BTC's future. Read the full article here 👇

⚔️ Bitcoin vs. Gold: A Battle for Safe Haven Supremacy? 🤔 ⚡️ The rise of Bitcoin ETFs coincides with gold outflows, sparking a debate: will Bitcoin dethrone gold as the ultimate store of value? 👉 Key points: * Bitcoin ETFs see inflows, while gold ETFs experience outflows. * Gold holds a massive market cap advantage, but Bitcoin's popularity is growing. * The question: Can Bitcoin truly replace gold as a safe haven asset? 💬 Join the discussion! https://lnkd.in/gREif2wU

Bitcoin taking a breather: After the historical event of ETF approval by SEC, USA last week, the BTC touched 49,000 USD and since then it dropped now trading in the range of 41,000-43,000 USD. Looks like the largest crypto currency by market cap is taking a breather before achieving new heights. Also a possibility that traders/ investors have factored the ETF approval already so there seems to be limited upside immediately. In fact the alt coins have done better last week. ETH seems to be catching the fancy as now people are hoping the ETF of Ethers coming soon. The Bitcoin miners are also selling BTC as the difficulty level of mining increased and the incoming halving event might make the preposition more competitive. Consider this retreat as the tiger's giant leap forward. The relevance of Bitcoin's "store of value" is more pronounced in the given turbulent geo-political scenario. Thrilled to see what is hidden in the wings of future......keep faith. Disclaimer: This write-up is for information purpose and not to be taken as investment advice. #bitcoin #bitcoinetfs #bitcoinmining #bitcoinnews #bitcoinprice #crypto #cryptocurrency #cryptonews https://lnkd.in/dEW3d368

"The recent Bitcoin all-time highs indicate a robust global demand for Bitcoin post ETF approvals and investors are in FOMO to buy every dip in the past few weeks. As we approach Bitcoin halving, the market will continue to be energized. We anticipate this bull run could be stronger than the previous cycles." Learn more about the halving: https://lnkd.in/gshrg74N