During the last couple of months, I’ve gained friends & memories that I will cherish forever! From witnessing the Starship’s maiden launch to meeting our Technoking. I will be forever grateful for the confidence that Elon distills so kindly…”You are talented!”…powerful words that I will always carry with me. It really makes a big difference. Thank youa#BTC $BTC $ETH
What is a block halving event? As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving.
- Grayscale dumping BTC due to high fees and investor withdrawals. - Pre-ETF, Grayscale redeemed shares without selling BTC. - Became a major BTC holder alongside Satoshi. - Investors leaving GBTC due to a 1.5% yearly fee, much higher than other ETFs. - Many bought GBTC at a 40% discount, now at 0%, prompting exits. - Grayscale forced to sell BTC to meet redemption demands. - Process may take weeks, BTC could fluctuate. - Investors may move funds to low-fee ETFs once settled. - Long-term patience crucial to avoid losing BTC to Wall Street. #BTC $BTC $ETH $BNB