🔹 The next halving is projected to happen in April 2028, when the block reward is scheduled to halve from 3.125 to 1.5625 BTC.
🔹 The Bitcoin protocol has a total supply cap of 21 million BTC, with the halving ensuring a controlled release of new bitcoins until all are in circulation.
🔹 Historically, Bitcoin's price has risen following previous halvings, partly due to the reduced supply of new coins entering the market.
🔹 The halving is significant for maintaining Bitcoin's scarcity and potentially influencing its value over time.
🔹 As of March 2024, about 19.65 million bitcoins were in circulation, leaving just around 1.35 million to be released via mining rewards.
🔹 The final halving is expected to occur in 2140, when the number of bitcoins circulating will reach the theoretical maximum supply of 21 million.
🔹 The halving process is integral to Bitcoin's design, aiming to control inflation and ensure the longevity of the cryptocurrency.
🔹 The upcoming halving has generated significant attention and speculation within the cryptocurrency community, with investors and analysts closely