BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Bitcoin Halving is in Four Days and Here is Everything You Need to Know

by Sham
April 15, 2024
in CRYPTO
Reading Time: 3 mins read
A A
1
SHARES
23
VIEWS
Share on XShare in TelegramShare on Reddit
  • The Bitcoin halving is an event that occurs every four years, where the reward for mining new Bitcoin blocks is cut in half.
  • This event makes Bitcoin more scarce, as fewer new coins are minted, which has historically led to an increase in Bitcoin’s price after previous halvings.
  • With more mainstream investors now holding Bitcoin through ETFs and other products, the 2024 halving is drawing more attention than previous ones, making it relevant even for casual Bitcoin observers.

The Bitcoin halving event is happening soon, reducing the mining rewards from 6.25 BTC to 3.125 BTC per block. This major milestone has implications for Bitcoin‘s price and is being closely watched by miners, investors and casual observers alike. But what exactly is the halving and why does it matter?

The #Bitcoin halving is only 4 days away $BTC is down 11% since the start of April

Where will $BTC be by the end of April?

— BlockNews.com (@blocknewsdotcom) April 15, 2024

What is the Bitcoin Halving?

The halving is hardcoded into Bitcoin’s protocol and occurs every 210,000 blocks, or about every 4 years. It cuts the mining rewards in half, making Bitcoin more scarce over time. There will only ever be 21 million BTC created, and halvings are key to achieving this fixed supply. With fewer new coins entering circulation, demand often increases relative to supply following halvings.

Why Does the Halving Matter?

Halvings are bullish events for Bitcoin’s price. The reduced supply shock has preceded major bull runs in the past. Following the 2020 halving, BTC surged from $8,500 to over $50,000 within a year. With greater adoption today, some experts predict Bitcoin could reach $90,000 this cycle.

More investors now have exposure through ETFs and funds too. So even casual investors may benefit from the impending supply squeeze. Overall, the halving highlights Bitcoin’s programmable monetary policy and makes BTC scarcer as adoption grows.

Conclusion

While miners take a direct hit from halvings, the events tend to benefit HODLers long-term. With the next halving imminent, Bitcoin’s deflationary design is once again being put to the test. Both miners and investors will be closely monitoring the effects on price, hashrate, and more over the coming weeks and months.

Tags: BitcoinBitcoin HalvingBlockchainbull runetfs
TweetShareShare
Previous Post

Bitcoin Could Dump Again and Here is Why

Next Post

Senators Demand CFTC Chief’s Records on Talks With Sam Bankman-Fried

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Connecticut Bans Bitcoin and Crypto for Government Funds
BITCOIN

Connecticut Bans Bitcoin and Crypto for Government Funds

July 1, 2025
Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme
CRYPTO

Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme

July 1, 2025
FARTCOIN Surges 148%—Is the Meme Just the Beginning?
CRYPTO

FARTCOIN Surges 148%—Is the Meme Just the Beginning?

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.