HOTTRENDS
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Join Our #HotTrends Challenge: Share in $1,000 FDUSD & Traffic-Boosting Perks!
Promotion Period: 2024-03-11 00:00 (UTC) to 2024-03-25 23:59 (UTC)
Join our #HotTrends challenge on Binance Square today and stand a chance to earn a share of the $1,000 FDUSD prize pool in token vouchers rewards, as well as exclusive traffic-boosting perks on Binance Square!
Simply create a post on each of the following hot topics: (you must include each topic hashtag and the #HotTrends hashtag in each post!):
Guide on Bitcoin Halving and why it matters #Halving Prediction of BTC price in April 2024 #BTC Share your insights on a Ethereum ETF approval #ETF Prediction of when ‘Altcoin season’ will start #AltSeason Create a tutorial on any Binance feature (e.g., Launchpool, Staking, Pay) #BinanceWhat you are most bullish in for Crypto in 2024 #2024
Here’s How to Join:
Create new and original content with the topic hashtags and #HotTrends hashtag on Binance Square during the Promotion Period.Ensure each of your post is at least 150 words and receives a minimum of 10 interactions (including likes, comments, shares, and quotes).All creators who complete all 6 topics (with 6 eligible posts) will win a share of the $1,000 FDUSD prize pool.The Top 3 creators with the highest engagement across all eligible posts will receive additional traffic-boosting perks and a shout-out on our Binance Square Profile!
Note: Any cases of hashtag abuse will lead to exclusion from the campaign.
Terms & Conditions
This activity may not be available in your region. Only posts that contain at least 150 words, include the necessary hashtags, and receive at least 10 engagements (the total number of emojis, comments, shares, or quotes) during the Promotion Period will qualify as eligible content pieces.Only original, new content qualifies. Previous submissions are ineligible. Any cases of hashtag abuse will lead to exclusion from the campaign.Content with crypto red packet is not eligible to receive the reward.If creators generate multiple posts under each topic, eligible posts with the most interactions will be the basis for calculating the reward.Prize pool winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The Top 3 creators with the highest engagements across all eligible posts will be announced via the Binance Square Official Account within 15 working days after the activity end. The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this activity.
Join our #HotTrends challenge on Binance Square today and stand a chance to earn a share of the $1,000 FDUSD prize pool in token vouchers rewards, as well as exclusive traffic-boosting perks on Binance Square!
Simply create a post on each of the following hot topics: (you must include each topic hashtag and the #HotTrends hashtag in each post!):
Guide on Bitcoin Halving and why it matters #Halving Prediction of BTC price in April 2024 #BTC Share your insights on a Ethereum ETF approval #ETF Prediction of when ‘Altcoin season’ will start #AltSeason Create a tutorial on any Binance feature (e.g., Launchpool, Staking, Pay) #BinanceWhat you are most bullish in for Crypto in 2024 #2024
Here’s How to Join:
Create new and original content with the topic hashtags and #HotTrends hashtag on Binance Square during the Promotion Period.Ensure each of your post is at least 150 words and receives a minimum of 10 interactions (including likes, comments, shares, and quotes).All creators who complete all 6 topics (with 6 eligible posts) will win a share of the $1,000 FDUSD prize pool.The Top 3 creators with the highest engagement across all eligible posts will receive additional traffic-boosting perks and a shout-out on our Binance Square Profile!
Note: Any cases of hashtag abuse will lead to exclusion from the campaign.
Terms & Conditions
This activity may not be available in your region. Only posts that contain at least 150 words, include the necessary hashtags, and receive at least 10 engagements (the total number of emojis, comments, shares, or quotes) during the Promotion Period will qualify as eligible content pieces.Only original, new content qualifies. Previous submissions are ineligible. Any cases of hashtag abuse will lead to exclusion from the campaign.Content with crypto red packet is not eligible to receive the reward.If creators generate multiple posts under each topic, eligible posts with the most interactions will be the basis for calculating the reward.Prize pool winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The Top 3 creators with the highest engagements across all eligible posts will be announced via the Binance Square Official Account within 15 working days after the activity end. The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this activity.
🎉🎉 HOW TO MAKE $10 DAILY ON BINANCE 🔥🔥
Here's how you can achieve that goal with a simple strategy:
🔥 STEP 1: CREATE A BINANCE ACCOUNT
Sign up for a free Binance account to start your crypto trading journey.
🔥 STEP 2: DEPOSIT $10 INTO YOUR ACCOUNT
Fund your account with at least $10 to begin trading.
🔥 STEP 3: CHOOSE YOUR CRYPTOCURRENCY
Select a cryptocurrency to trade wisely, as it will determine your potential returns.
🔥 HOW TO MAKE $10 DAILY WITH $100 INVESTMENT:
Focus on volatile currency pairs with daily fluctuations of 10-20%. These pairs offer the best opportunities for quick gains.
For example, if you invest $100 and track a currency pair that increases by 10%, you'll earn $10. Repeat this process daily for consistent $10 profits.
Start earning now on Binance! 💸💼
If you found this insight helpful, consider supporting our work! You can contribute by TIP CREATOR.
#BULLORBEAR #BINANCELUNCHPOOL #MEMECOINS #HOTTRENDS #EARN10DOLLARDAILY 🚀
$BTC $ETH $SOL
Here's how you can achieve that goal with a simple strategy:
🔥 STEP 1: CREATE A BINANCE ACCOUNT
Sign up for a free Binance account to start your crypto trading journey.
🔥 STEP 2: DEPOSIT $10 INTO YOUR ACCOUNT
Fund your account with at least $10 to begin trading.
🔥 STEP 3: CHOOSE YOUR CRYPTOCURRENCY
Select a cryptocurrency to trade wisely, as it will determine your potential returns.
🔥 HOW TO MAKE $10 DAILY WITH $100 INVESTMENT:
Focus on volatile currency pairs with daily fluctuations of 10-20%. These pairs offer the best opportunities for quick gains.
For example, if you invest $100 and track a currency pair that increases by 10%, you'll earn $10. Repeat this process daily for consistent $10 profits.
Start earning now on Binance! 💸💼
If you found this insight helpful, consider supporting our work! You can contribute by TIP CREATOR.
#BULLORBEAR #BINANCELUNCHPOOL #MEMECOINS #HOTTRENDS #EARN10DOLLARDAILY 🚀
$BTC $ETH $SOL
🌟🚀 Which Memecoin Will Reach the Coveted $100B Market Cap in 2024? Cast Your Vote Now! 🚀🌟
🔥 The meme coin craze is hotter than ever, and the race to a $100 billion market cap is on! Which memecoin do you think will skyrocket to this historic milestone in 2024? 🚀💰
Will it be:
💵 $PORK
🐸 $PEPE
🐕 $SHIB
🚀 $DOGE
🐶 $FLOKI
💬 Drop your choice in the comments below and let us know why you think your pick has what it takes to make it big in the crypto world in 2024! 👇💬
Get ready to witness meme coin history in the making! Don't miss out on the excitement – join the discussion now! 🌟📈 #Crypto #MemeCoinMadness #MarketCapRace #2024 #HOTTRENDS
🔥 The meme coin craze is hotter than ever, and the race to a $100 billion market cap is on! Which memecoin do you think will skyrocket to this historic milestone in 2024? 🚀💰
Will it be:
💵 $PORK
🐸 $PEPE
🐕 $SHIB
🚀 $DOGE
🐶 $FLOKI
💬 Drop your choice in the comments below and let us know why you think your pick has what it takes to make it big in the crypto world in 2024! 👇💬
Get ready to witness meme coin history in the making! Don't miss out on the excitement – join the discussion now! 🌟📈 #Crypto #MemeCoinMadness #MarketCapRace #2024 #HOTTRENDS
📊 NEUTRAL: $BTC (1W)
Bitcoin's halving events decrease the rate of new Bitcoin creation, making it a scarce digital asset with a fixed supply limit of 21 million coins.#HOTTRENDS
Bitcoin's halving events decrease the rate of new Bitcoin creation, making it a scarce digital asset with a fixed supply limit of 21 million coins.#HOTTRENDS
🚀 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗡𝗲𝘄𝘀: 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝗧𝗙 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗼𝗻 𝘁𝗵𝗲 𝗛𝗼𝗿𝗶𝘇𝗼𝗻!🚀
🌟 𝗧𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗚𝗮𝗺𝗲-𝗖𝗵𝗮𝗻𝗴𝗲𝗿 𝗶𝘀 𝗔𝗹𝗺𝗼𝘀𝘁 𝗛𝗲𝗿𝗲! 🌟
Attention all crypto enthusiasts! The moment we’ve been waiting for is inching closer. The Ethereum ETF approval could be just around the corner, and the anticipation is palpable. Here’s what you need to know:
𝙎𝙀𝘾’𝙨 𝘾𝙧𝙪𝙘𝙞𝙖𝙡 𝘿𝙚𝙘𝙞𝙨𝙞𝙤𝙣: The SEC is on the cusp of a decision that could revolutionize the crypto market. With Ethereum ETFs in the pipeline, we’re looking at a potential game-changer for investors and the industry alike.
𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗘𝘅𝗰𝗶𝘁𝗲𝗺𝗲𝗻𝘁: Ethereum has been a cornerstone of the crypto world, and the prospect of an ETF is sending waves of excitement across the community. This could be the catalyst we’ve been waiting for!
𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗺𝗽𝗮𝗰𝘁: A bullish market outlook is on the cards, with Ethereum leading the charge. Deflationary trends and technological advancements are setting the stage for unprecedented growth.
Countdown to Approval: Mark your calendars for May 23! This date could go down in history as the day Ethereum ETFs take their first victorious steps. Following the SEC’s nod to Bitcoin ETFs, Ethereum is next in line.
📈 What This Means for You: An Ethereum ETF approval isn’t just a win for Ethereum; it’s a win for the entire crypto ecosystem. It means more liquidity, more interest, and a giant leap towards mainstream adoption.
💡 Stay Tuned: Keep your eyes peeled as we approach the deadline. The approval could send shockwaves through the market, and you’ll want to be ready for the ride.
🔗 Join the Discussion: What are your thoughts on the Ethereum ETF approval?
#Ethereum #ETF #CryptoRevolution #Investment #HOTTRENDS
🌟 𝗧𝗵𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗚𝗮𝗺𝗲-𝗖𝗵𝗮𝗻𝗴𝗲𝗿 𝗶𝘀 𝗔𝗹𝗺𝗼𝘀𝘁 𝗛𝗲𝗿𝗲! 🌟
Attention all crypto enthusiasts! The moment we’ve been waiting for is inching closer. The Ethereum ETF approval could be just around the corner, and the anticipation is palpable. Here’s what you need to know:
𝙎𝙀𝘾’𝙨 𝘾𝙧𝙪𝙘𝙞𝙖𝙡 𝘿𝙚𝙘𝙞𝙨𝙞𝙤𝙣: The SEC is on the cusp of a decision that could revolutionize the crypto market. With Ethereum ETFs in the pipeline, we’re looking at a potential game-changer for investors and the industry alike.
𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗘𝘅𝗰𝗶𝘁𝗲𝗺𝗲𝗻𝘁: Ethereum has been a cornerstone of the crypto world, and the prospect of an ETF is sending waves of excitement across the community. This could be the catalyst we’ve been waiting for!
𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗺𝗽𝗮𝗰𝘁: A bullish market outlook is on the cards, with Ethereum leading the charge. Deflationary trends and technological advancements are setting the stage for unprecedented growth.
Countdown to Approval: Mark your calendars for May 23! This date could go down in history as the day Ethereum ETFs take their first victorious steps. Following the SEC’s nod to Bitcoin ETFs, Ethereum is next in line.
📈 What This Means for You: An Ethereum ETF approval isn’t just a win for Ethereum; it’s a win for the entire crypto ecosystem. It means more liquidity, more interest, and a giant leap towards mainstream adoption.
💡 Stay Tuned: Keep your eyes peeled as we approach the deadline. The approval could send shockwaves through the market, and you’ll want to be ready for the ride.
🔗 Join the Discussion: What are your thoughts on the Ethereum ETF approval?
#Ethereum #ETF #CryptoRevolution #Investment #HOTTRENDS
🚨🛑📉 Urgent update alert for $BTC ! 🚨🛑📉
The current state of Bitcoin (BTC) demands immediate attention as the cryptocurrency's price plummets to a critical level of $63,500 USD. 😱 This steep decline, coupled with breaching the support level at $65,500 USD, has sent shockwaves through the investor community. 🌊💔
📉 Adding to the tension is the looming possibility of a significant technical pattern formation – the ominous head and shoulders pattern. If today's daily candlestick closes below $63,000 USD, it could confirm the completion of this pattern, spelling further trouble for BTC's price. ⚠️📉
👀 The head and shoulders pattern, notorious for signaling trend reversals, could usher in a prolonged period of decline for Bitcoin. Keep a close eye on the breakout of the neckline – a critical event that often seals the fate of this pattern and forecasts a continuation of the downtrend. 📉🔄
🔍 In terms of support levels, initial attention hones in on the range between $58,000 USD to $60,000 USD, historically a sturdy support zone during market fluctuations. Should selling pressure persist and breach this barrier, brace for the next line of defense around $48,000 USD to $50,000 USD. 🛡️💰
🚨📊 Stay vigilant, traders! Keep your charts close and your emotions in check as we navigate these turbulent waters. #HOTTRENDS #BTCUpdate #BTC #cryptochartcraft 🚨📉
Follow | Like ❤️ | Quote 🔄 | Comment
The current state of Bitcoin (BTC) demands immediate attention as the cryptocurrency's price plummets to a critical level of $63,500 USD. 😱 This steep decline, coupled with breaching the support level at $65,500 USD, has sent shockwaves through the investor community. 🌊💔
📉 Adding to the tension is the looming possibility of a significant technical pattern formation – the ominous head and shoulders pattern. If today's daily candlestick closes below $63,000 USD, it could confirm the completion of this pattern, spelling further trouble for BTC's price. ⚠️📉
👀 The head and shoulders pattern, notorious for signaling trend reversals, could usher in a prolonged period of decline for Bitcoin. Keep a close eye on the breakout of the neckline – a critical event that often seals the fate of this pattern and forecasts a continuation of the downtrend. 📉🔄
🔍 In terms of support levels, initial attention hones in on the range between $58,000 USD to $60,000 USD, historically a sturdy support zone during market fluctuations. Should selling pressure persist and breach this barrier, brace for the next line of defense around $48,000 USD to $50,000 USD. 🛡️💰
🚨📊 Stay vigilant, traders! Keep your charts close and your emotions in check as we navigate these turbulent waters. #HOTTRENDS #BTCUpdate #BTC #cryptochartcraft 🚨📉
Follow | Like ❤️ | Quote 🔄 | Comment
Top Solana meme-coins (by market cap):
1. $WIF ($2.51B)
2. $BONK ($1.7B)
3. $BOME ($1.17B)
more tokens i am sharing with my all prime members 😎
Can be possible make 20x from initial prices
🔥 🚀
Solana Leads Blockchain Transactions with $3.869 Billion Volume, Outperforming Ethereum.
@Solana Official #Solana #BTC #bitcoin #HOTTRENDS
Dyor nfa 👍
1. $WIF ($2.51B)
2. $BONK ($1.7B)
3. $BOME ($1.17B)
more tokens i am sharing with my all prime members 😎
Can be possible make 20x from initial prices
🔥 🚀
Solana Leads Blockchain Transactions with $3.869 Billion Volume, Outperforming Ethereum.
@Solana Official #Solana #BTC #bitcoin #HOTTRENDS
Dyor nfa 👍
CLAIM FREE PEPE COIN REWARD FROM PINNED POSTS💰💰...
⚡️ What is next for BITCOIN❓
📈 Today #bitcoin is rising by 2% trying to consolidate above $67K. Most of #crypto is in green zone, altcoins are growing.
💡So yesterday $BTC tried to consolidate below the crucial level of $65K but didn't succeed. Today we see that bulls are trying to get the control.
❓So, what is next for #BTC ? Is it so called dead cat leap and there's only way down or it just accumulating step before parabolic growing?
📊Today I wanted to talk with you about several important factors.
1️⃣ For now all these recent fluctuations are happening in one massive pattern - bullish flat pattern (see picture below👇). This pattern usually including accumulation step what is happening right now. Recently I have made, several posts about whales buying like crazy. So until this formation is broken, we can't say that $BTC have changed the trend.
2️⃣ Last two days we see net money infow into Bitcoin ETFs. Yes, it is not so significant as it was two weeks ago, but it is still positive. I have been mentioning correlation between price an net money flows several times, and this correlation works both ways. When $BTC is growing, funds wants are buying more(see picture below👇). Image the money inflow when after halving growth will start?
3️⃣As I have already mentioned breaking ATH have never been easy for Bitcoin. Just look what happened with BTC in 2020 right before breaking ATH (see picture below👇). Guess what? The same bullish flag pattern very similar to current one. And as you know history tends to repeat itself...
🤔 You can make conclusions yourself but for me if now huge manipulation or economic crisis happens this looks quite bullish for Bitcoin.
p.s as I am always saying there are no 100% situations in crypto, so it is always good to take profit from time to time and manage your risks.
🙏If you like my content, likes and subscriptions are appreciated. Much more interesting content are coming!
Trade smart,
Stay safe!
#Write2Earn
#HOTTRENDS
⚡️ What is next for BITCOIN❓
📈 Today #bitcoin is rising by 2% trying to consolidate above $67K. Most of #crypto is in green zone, altcoins are growing.
💡So yesterday $BTC tried to consolidate below the crucial level of $65K but didn't succeed. Today we see that bulls are trying to get the control.
❓So, what is next for #BTC ? Is it so called dead cat leap and there's only way down or it just accumulating step before parabolic growing?
📊Today I wanted to talk with you about several important factors.
1️⃣ For now all these recent fluctuations are happening in one massive pattern - bullish flat pattern (see picture below👇). This pattern usually including accumulation step what is happening right now. Recently I have made, several posts about whales buying like crazy. So until this formation is broken, we can't say that $BTC have changed the trend.
2️⃣ Last two days we see net money infow into Bitcoin ETFs. Yes, it is not so significant as it was two weeks ago, but it is still positive. I have been mentioning correlation between price an net money flows several times, and this correlation works both ways. When $BTC is growing, funds wants are buying more(see picture below👇). Image the money inflow when after halving growth will start?
3️⃣As I have already mentioned breaking ATH have never been easy for Bitcoin. Just look what happened with BTC in 2020 right before breaking ATH (see picture below👇). Guess what? The same bullish flag pattern very similar to current one. And as you know history tends to repeat itself...
🤔 You can make conclusions yourself but for me if now huge manipulation or economic crisis happens this looks quite bullish for Bitcoin.
p.s as I am always saying there are no 100% situations in crypto, so it is always good to take profit from time to time and manage your risks.
🙏If you like my content, likes and subscriptions are appreciated. Much more interesting content are coming!
Trade smart,
Stay safe!
#Write2Earn
#HOTTRENDS
📈 LONG: $BTC (1D)
Bitcoin's upcoming halving is expected to decrease its supply growth rate and historically has resulted in price surges, making it a promising investment.#HOTTRENDS
Bitcoin's upcoming halving is expected to decrease its supply growth rate and historically has resulted in price surges, making it a promising investment.#HOTTRENDS
#JUP How Long Does it take to Mine 1 BTC ⁉️
Bitcoin mining hardware (ASICs) are high specialized computers used to mine bitcoins. The ASIC industry has become complex and competitive. Mining hardware is now only located where there is cheap electricity. When Satoshi released Bitcoin, he intended it to be mined on computer CPUs.
Get Your Complimentary Crypto Here
The shortest amount of time it can take to mine at least 1 bitcoin is about 10 minutes. However, the actual time it can take you depends on several factors such as the hashing power of your mining hardware, the overall network hash rate, and the Bitcoin mining difficulty.
If a miner is able to successfully add a block to the blockchain, they will receive 6.25 bitcoins as a reward. The reward amount is cut in half roughly every four years, or every 210,000 blocks. As of November 2023, Bitcoin traded at around $36,400, making 6.25 bitcoins worth $227,500.
Electricity cost per Bitcoin = Time required to mine one Bitcoin * Energy consumption * Cost = ~7.7 years * 365 days * 24 hours * 3,032 W * $0.05 / 1,000 = ~$10,200. Cooling and other overheads per Bitcoin = 20% of electricity cost = ~$2,000.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#HOTTRENDS #DOGE #BTC #ETH
Bitcoin mining hardware (ASICs) are high specialized computers used to mine bitcoins. The ASIC industry has become complex and competitive. Mining hardware is now only located where there is cheap electricity. When Satoshi released Bitcoin, he intended it to be mined on computer CPUs.
Get Your Complimentary Crypto Here
The shortest amount of time it can take to mine at least 1 bitcoin is about 10 minutes. However, the actual time it can take you depends on several factors such as the hashing power of your mining hardware, the overall network hash rate, and the Bitcoin mining difficulty.
If a miner is able to successfully add a block to the blockchain, they will receive 6.25 bitcoins as a reward. The reward amount is cut in half roughly every four years, or every 210,000 blocks. As of November 2023, Bitcoin traded at around $36,400, making 6.25 bitcoins worth $227,500.
Electricity cost per Bitcoin = Time required to mine one Bitcoin * Energy consumption * Cost = ~7.7 years * 365 days * 24 hours * 3,032 W * $0.05 / 1,000 = ~$10,200. Cooling and other overheads per Bitcoin = 20% of electricity cost = ~$2,000.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#HOTTRENDS #DOGE #BTC #ETH
A short guide to bitcoin's halving event.
Bitcoin is about to undergo a "halving" event for only the fourth time in its 15-year history – and its value could skyrocket even further.
The cryptocurrency has rallied to a near record high of $70,000 in recent weeks, a remarkable turnaround after falling to less than $16,000 in late 2022. The recovery has been particularly "fast and furious" in recent weeks.
And crypto investors and traders are now in a "buying frenzy" ahead of a halving, or "halvening", that is expected to occur by the middle of April.
What is a 'halving' event?
Bitcoin halving is when the reward for mining the cryptocurrency is cut in half, reducing the rate at which new bitcoins are generated.
Some crypto enthusiasts describe a halving event as being essentially the opposite of quantitative easing, and sometimes refer to it as quantitative hardening.
A halving takes place roughly every four years, or whenever 210,000 blocks have been mined. This year it is predicted to take place around 19 April, and will see the reward fall from 6.25 bitcoins for every block harvested to 3.125 bitcoins.
Why does it happen?
A halving event isn't controlled or governed by a centralised body. Instead, it was hard-coded into bitcoin's mining algorithm by the cryptocurrency's mysterious creator (or creators) Satoshi Nakamoto back in 2008.
Bitcoin was developed as an answer to the perceived flaws in the financial system that contributed to the 2007-08 financial crisis. By cutting the supply of bitcoin, halving events are intended to counteract inflation by maintaining its scarcity, mimicking the scarcity of other finite resources such as gold.
Halving is also intended to slow the supply of coins as it approaches its total supply. Bitcoin was created with a cap of 21 million, and more than 19 million bitcoins have already been mined. By current estimates, the last bitcoin will be mined around the year 2140.
#HOTTRENDS #HotTrends
Bitcoin is about to undergo a "halving" event for only the fourth time in its 15-year history – and its value could skyrocket even further.
The cryptocurrency has rallied to a near record high of $70,000 in recent weeks, a remarkable turnaround after falling to less than $16,000 in late 2022. The recovery has been particularly "fast and furious" in recent weeks.
And crypto investors and traders are now in a "buying frenzy" ahead of a halving, or "halvening", that is expected to occur by the middle of April.
What is a 'halving' event?
Bitcoin halving is when the reward for mining the cryptocurrency is cut in half, reducing the rate at which new bitcoins are generated.
Some crypto enthusiasts describe a halving event as being essentially the opposite of quantitative easing, and sometimes refer to it as quantitative hardening.
A halving takes place roughly every four years, or whenever 210,000 blocks have been mined. This year it is predicted to take place around 19 April, and will see the reward fall from 6.25 bitcoins for every block harvested to 3.125 bitcoins.
Why does it happen?
A halving event isn't controlled or governed by a centralised body. Instead, it was hard-coded into bitcoin's mining algorithm by the cryptocurrency's mysterious creator (or creators) Satoshi Nakamoto back in 2008.
Bitcoin was developed as an answer to the perceived flaws in the financial system that contributed to the 2007-08 financial crisis. By cutting the supply of bitcoin, halving events are intended to counteract inflation by maintaining its scarcity, mimicking the scarcity of other finite resources such as gold.
Halving is also intended to slow the supply of coins as it approaches its total supply. Bitcoin was created with a cap of 21 million, and more than 19 million bitcoins have already been mined. By current estimates, the last bitcoin will be mined around the year 2140.
#HOTTRENDS #HotTrends
📈 LONG: $BTC (6h)
Bitcoin is trading above $68,800 in an uptrend, suggesting a bullish outlook for potential price increases.#HOTTRENDS
Bitcoin is trading above $68,800 in an uptrend, suggesting a bullish outlook for potential price increases.#HOTTRENDS
$PEPE ***free signal*** 🚥🚦🚥🚦🚥🚦🚥🚦
Longed Pepe At Market Price
Stoploss :- 0.00731 (updated)
This is not a signal for futures at all. or is it? 💀
buy in low leverage, it will be good for your future.
if you still don't want to listen to me
then just long it at 10x nothing more.
and use less money this is a memecoin, life will become a joke if something goes wrong..invest Wisely..
let's boom boom pakeeeesh now! LONG LIVE KING PEPE 👑🐸
#Binance #USDT #HOTTRENDS #Write2Earn #Web3
Longed Pepe At Market Price
Stoploss :- 0.00731 (updated)
This is not a signal for futures at all. or is it? 💀
buy in low leverage, it will be good for your future.
if you still don't want to listen to me
then just long it at 10x nothing more.
and use less money this is a memecoin, life will become a joke if something goes wrong..invest Wisely..
let's boom boom pakeeeesh now! LONG LIVE KING PEPE 👑🐸
#Binance #USDT #HOTTRENDS #Write2Earn #Web3
📊 NEUTRAL: $BTC (4h)
Bitcoin is experiencing a local correction before the halving, with potential targets at 65,000 - 66,000 and 58,000 - 60,000 if support levels are broken.#HOTTRENDS
Bitcoin is experiencing a local correction before the halving, with potential targets at 65,000 - 66,000 and 58,000 - 60,000 if support levels are broken.#HOTTRENDS
