Bitcoin halving explained: What is cryptocurrency event and will it boost price?

The rules of and demand are not set in stone – so cutting the reward in half does not always correlate with the price going up. Perhaps smaller transactions will take place on this second layer in the future. The transaction costs for sending coins on the Lightning Network aren’t high, which ensures affordable transactions in the future.


The world's biggest cryptocurrency's so-called "halving" happens roughly every four years. For more on crypto, and to start trading, head to the Revolut app and tap on 'Cryptocurrency' from the dashboard. During a bull run people who feel like they have missed the Bitcoin boat often buy alt-coins as they see they are priced much lower than Bitcoin (they don’t tend to look at other factors though). For example, Bitcoin trading is now a significant part of the global economy. Millions of people engage in Bitcoin trading, creating a lucrative economic channel. Numerous technologies and platforms have emerged to support Bitcoin trading.

Will Bitcoin mining be profitable after halving?

Cryptocurrencies are experiencing a very positive year, attracting more and more attention despite the fact that it is still a sector that is in development. In this article we will review the top 10 best cryptocurrency to invest in 2023 and how you can trade cr... Jitanchandra is a financial markets author with more than 15 years experience trading currencies, indices and US equities. Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider.

bitcoin price

The available supply of conventional currencies rises and falls under the watchful eyes of national central banks, but the total supply of Bitcoin is fixed and immutable. By the end of the year, the bulk of the bear market will be behind us; however, a full bull market, going by bitcoin price history, is not guaranteed. Some believe the bottom will be reached in the first quarter of 2023, with bitcoin falling to $10,000 or lower. US-based software company MicroStrategy was the world's biggest publicly traded corporate owner of bitcoin. MicroStrategy said in its earnings report for the fourth quarter of 2022 earnings results had holdings to 132,500 BTC, worth about $2.194bn on 2 February 2023.

The Power of Inclusive Teams

Bitcoin is a cryptocurrency that operates on unique blockchain technology and system. Since it hit the market in 2009, Bitcoin has continued to puzzle many, including individuals, governments, and institutions. As a decentralized peer-to-peer digital currency, Bitcoin does not operate in the realm of conventional fiat currency. Whether experienced or not, users can use platforms like quantum crypto artificial intelligence to learn about and engage in Bitcoin trading.

The imminent What is Bitcoin Halving of bitcoin, however, is about to make this process considerably more difficult. As the number of Bitcoin in circulation approaches its maximum supply, Bitcoin Halving naturally reduces the rate at which new coins are being added to the network. Initially, the reward for adding a new block to the network was 50 BTC.

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