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12 Facts You Need to Know About the Bitcoin Halving Event 🔥
1)Bitcoin Active addresses exceeded 1M
2) Non-zero balance wallets exceed 50 million
3) Occurs approximately every 4 years or every 210,000 blocks
4) Mining reward for a new block has been halved (current reward: 6.25 BTC)
5) Gradually reduces the rate of new Bitcoins until the 21 million limit is reached around 2140
6) Halving Events:
🔸 First: January 28, 2012 ($BTC = $5.76)
🔸 Second: 09 July 2016 #BTC= $666.30)
🔸 Third: May 11, 2020 (BTC = $9179.21)
🔸 The fourth halving is expected to occur on April 19, 2024 (BTC = over $50k IMO)
7) Bitcoin, proposed by Satoshi Nakamoto in 2008 and released in 2009
8) Aimed to create a currency independent of traditional financial systems
9) Maximum supply of 21 million Bitcoins
10) Halving events often attract market attention
11) It may positively affect Bitcoin prices in the short term
12) Long-term effects influenced by market demand and macroeconomic conditions
IT IS A QUOTE...
