💯💥STOP
YOU MUST KNOW 12 FACT ABOUT BITCOIN HALVING EVENT 🔥
1)Bitcoin Active addresses Crossed 1M
2) Non-zero balance wallets have crossed the 50 million
3) Occurs approximately every 4 years or every 210,000 blocks
4) Mining reward for a new block is halved (current reward: 6.25 BTC)
5) Gradually reduces the rate of new Bitcoins until the 21 million cap is reached around 2140
6) Halving Events:
🔸 First: January 28, 2012 ($BTC = $5.76)
🔸 Second: July 09, 2016 ( #BTC = $666.30)
🔸 Third: May 11, 2020 (BTC = $9179.21)
🔸 Fourth halving expected on April 19, 2024 (BTC = Above $50k IMO)
7) Bitcoin proposed by Satoshi Nakamoto in 2008, launched in 2009
8) Aimed to establish a currency independent of traditional financial systems
9) Maximum supply of 21 million Bitcoins
10) Halving events often attract market attention
11) Can positively impact Bitcoin prices in the short term
12) Long-term effects influenced by market demand and macroeconomic conditions
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