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Repost from Ash Crypto
Warned everyone about the Bitcoin correction, hope you guys made your wise decisions 🤝
Repost from Ash Crypto
Warned everyone about the Bitcoin correction, hope you guys made your wise decisions 🤝
Repost from Ash Crypto
Bitcoin bear trap - $58k
2nd demand zone - $52k
For next few months Bitcoin will trade sideways in this range.
Repost from Ash Crypto
Bitcoin is going to $150,000 + in this bull market. Don’t ignore the signs
Hit like if you are bullish ❤️🤝
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Repost from Ash Crypto
GALA is consolidating here and should be a good hold for mid term.
Gamefi is still a strong narrative and gala is a big contender in it.
$BITCOIN has broke through $66,000.
Bitcoin halving completed.
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Bitcoin Halving
Less than one hour to go
840,000
Event Block Height
839,994
Current Block Height
564.0
Block Time
USD 63607.99
Exchange Rate
BTC 1.25 t
Market Cap
Difficulty
86.389 t
What is a Bitcoin block halving event?
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
Why was this done?
Conventional FIAT currencies are subject to inflation due to the ability of governments or banks to increase the money supply. Unlike these currencies, Bitcoin has a capped total supply of 21,000,000 BTC, meaning no additional coins can be created beyond this limit. This finite supply, alongside potential changes in demand as more people adopt Bitcoin, positions it similarly to gold - a resource with a limited supply that cannot be artificially increased.
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