Bitcoin, the world's most popular cryptocurrency, is undergoing a major event that could have significant implications for its price and adoption. This event is called the halving, and it occurs roughly every four years. In this article, let's find out what halving is, why it matters, and what it could mean for the future of Bitcoin.What is the halving?The halving is a process that reduces the amount of new bitcoins that are created and distributed to the network every 10 minutes. This is done by cutting the reward that miners receive for validating transactions and securing the network in half. The halving is programmed into Bitcoin's code and happens automatically when a certain number of blocks (210,000) are mined.The first halving occurred in November 2012, when the reward dropped from 50 to 25 bitcoins per block. The second halving occurred in July 2016, when the reward dropped from 25 to 12.5 bitcoins per block. The third and most recent halving occurred in May 2020, when the reward dropped from 12.5 to 6.25 bitcoins per block. The next halving is expected to occur in 2024, when the reward will drop to 3.125 bitcoins per block.The halving is designed to ensure that the total supply of bitcoins will never exceed 21 million, which is the maximum number of bitcoins that can ever exist. This makes Bitcoin a scarce and deflationary asset, unlike fiat currencies that can be printed endlessly by central banks. The halving also creates a sense of urgency and anticipation among investors, as they expect the reduced supply to increase the demand and value of Bitcoin.Why does the halving matter?The halving matters because it affects the economics and incentives of Bitcoin. By reducing the supply of new bitcoins, the halving increases the scarcity and attractiveness of Bitcoin as a store of value. This could lead to more people buying and holding Bitcoin, driving up its price and adoption. The halving also affects the profitability and security of Bitcoin mining, which is the process of using specialized computers to solve complex mathematical problems and earn bitcoins as a reward.The halving reduces the income of miners, who have to spend money on electricity, hardware, and maintenance to run their operations. This could force some miners to shut down or switch to other cryptocurrencies, reducing the hash rate and difficulty of the network. The hash rate is the measure of the computing power of the network, and the difficulty is the measure of how hard it is to mine a block. A lower hash rate and difficulty could make the network more vulnerable to attacks by malicious actors who could try to manipulate or disrupt the transactions.However, the halving also creates an opportunity for more efficient and innovative miners to enter the market and compete for the remaining rewards. The halving also increases the fees that users have to pay to send transactions, as they have to bid for the limited space in each block. This could provide an alternative source of revenue for miners, who prioritize transactions with higher fees. The halving also increases the security of the network in the long run, as it reduces the risk of inflation and devaluation of Bitcoin.What does the halving mean for the future of Bitcoin?The halving is a pivotal and unpredictable event that could have a significant impact on the future of Bitcoin. Historically, the halving has been followed by a period of increased volatility and price appreciation, as the market adjusts to the new supply and demand dynamics. For instance, the first halving in 2012 was followed by a 9000% increase in the price of Bitcoin over the next year, from $12 to $1,100. The second halving in 2016 was followed by a 3000% increase in the price of Bitcoin over the next year and a half, from $650 to $20,000. The third halving in 2020 was followed by a 500% increase in the price of Bitcoin over the next year, from $8,500 to $50,000#TrendingTopic #BTC #Portal #ETH #Write2Earn‬ However, past performance is not a guarantee of future results, and there are many other factors that influence the price and adoption of Bitcoin, such as regulation, innovation, competition, and sentiment. The halving is not a magic bullet that will automatically make Bitcoin more valuable and mainstream, but rather a catalyst that could trigger a new cycle of growth and innovation for the cryptocurrency. The halving is also a reminder of the unique and revolutionary nature of Bitcoin, as a decentralized and scarce digital asset that is governed by code and mathematics, rather than by human whims and emotions.$BTC $ETH $BNB

Islamic Coin ($ISLM)- The New Focus
Islamic Coin (ISLM) is a new cryptocurrency that follows the principles of Islamic finance, such as avoiding interest, speculation, and gambling. $ISLM was launched on October 10, 2023, & Within a month, ISLM reached an all-time high of $0.3601, representing a staggering 3,501% increase in value.
How does this compare to the performance of the two most dominant cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), in their first month of existence?
Bitcoin was created on January 3, 2009, by an anonymous person or group using the pseudonym Satoshi Nakamoto. The first transaction of BTC occurred on January 12, 2009, when Nakamoto sent 10 BTC to a computer programmer named Hal Finney. However, BTC did not have a market price until October 5, 2009, when an exchange rate of 1,309.03 BTC to one US dollar was established by a user on a Bitcoin forum. Based on this rate, the initial price of BTC was $0.00076 per coin. By November 6, 2009, BTC reached a high of $0.0011, which was a 44.74% increase in value.
Ethereum was proposed in late 2013 by a Russian-Canadian programmer named Vitalik Buterin, who envisioned a platform that could support decentralized applications (DApps) and smart contracts. Ethereum conducted a crowdsale in July and August 2014, raising over $18 million worth of BTC. The Ethereum network went live on July 30, 2015, with an initial supply of 72 million ETH. The initial price of ETH was $2.77 per coin, based on the average price of the crowdsale. By August 30, 2015, ETH reached a high of $3.54, which was a 27.80% increase in value.
As we can see, ISLM outperformed both BTC and ETH by a huge margin in its first month of trading. Of course, this comparison is not entirely fair, as the crypto market has evolved significantly since the inception of BTC and ETH, and ISLM benefited from the existing infrastructure, awareness, and demand for digital currencies. Moreover, the price fluctuations of ISLM, as well as BTC and ETH, are influenced by various factors, such as supply and demand, market sentiment, regulation, innovation, competition, and so on.
#BinanceSquareCreatorAwards #BTC #Priceanalysis #Launchpool #ISLM
Therefore, it is impossible to predict the future performance of any cryptocurrency based on its past performance. However, it is undeniable that ISLM has made a remarkable debut in the crypto space, and has attracted a lot of attention and investment. Whether ISLM can sustain its growth and establish itself as a viable and valuable alternative to the mainstream cryptocurrencies remains to be seen.
$BTC $SANTOS $AUCTION
References:
(1) Islamic Coin price today, ISLM to USD live price - CMC
(2) Islamic Coin Price: ISLM Live Price Chart & News | Coin {Gecko}
(3) Initial coin offerings (ICOs): Springer.
(4) Ethereum price history Jan 14, 2024 | Statista.
(5) What caused the Bitcoin (BTC) dump post ETF approval? Is it time to -Cryptonews
(6) Bitcoin Price and Ethereum Prediction: Minimal 1% Fluctuations Offer . Cryptonews
(7) Bitcoin’s Wall Street debut triggers volatile impact on futures market. Cryptopolitan
(8) Islamic Coin (ISLM) Price Prediction 2023, 2024, 2025–2030. coincodex
(9) wikipedia

💥💰Bitcoin, the world's most popular cryptocurrency, has been on a tear lately, reaching new all-time highs and attracting more investors and enthusiasts. But what are the factors behind this remarkable rally? Here are some of the highlights that have contributed to Bitcoin's perfect bullish storm:

👉Institutional adoption
Bitcoin has gained more legitimacy and recognition from major institutions, such as Tesla, MicroStrategy, PayPal, Square, and Visa, who have either invested in, accepted, or integrated Bitcoin into their platforms. This has increased the demand and exposure of Bitcoin, as well as its network effect and value proposition.
👉Halving effect
Bitcoin undergoes a process called halving every four years, where the reward for mining new blocks is reduced by half. This creates a supply shock, as the number of new bitcoins entering circulation decreases, while the demand remains high or increases. The last halving occurred in May 2020, and historically, Bitcoin has experienced significant price increases in the year following each halving.
👉Macro environment
Bitcoin has also benefited from the global macroeconomic and geopolitical situation, as the COVID-19 pandemic, social unrest, and political uncertainty have driven people to seek alternative and safe-haven assets. Bitcoin, with its limited supply, decentralized nature, and censorship-resistance, offers a hedge against inflation, currency devaluation, and government interference.
👉Innovation and development
Bitcoin is not a static or stagnant technology, but rather a dynamic and evolving one, with constant innovation and development happening in its ecosystem. Some of the recent developments that have improved Bitcoin's scalability, security, and usability include the Lightning Network, Taproot, Schnorr signatures, and SegWit. These enhancements enable faster, cheaper, and more private transactions, as well as new use cases and functionalities for Bitcoin.
💥These are some of the highlights that have made Bitcoin a perfect bullish storm, but they are not the only ones. Bitcoin is a complex and multifaceted phenomenon, with many more factors and forces influencing its price and adoption. As the technology matures and the network grows, Bitcoin will continue to surprise and delight its supporters, and challenge and disrupt its detractors.
$PEOPLE $LPT $SUI
#BTC #etf #ai #BTCETFSPOT #BinanceSquareCreatorAwards

👉Cryptocurrencies are digital assets that rely on cryptography to secure transactions and create new units. They are decentralized, meaning that they are not controlled or regulated by any central authority, such as a government or a bank. Cryptocurrencies have many advantages, such as transparency, privacy, low fees, and global access. However, they also have many challenges, such as volatility, security, complexity, and regulation.
👉The crypto market attracts many people because of its potential for high returns, innovation, and social impact. However, many new crypto enthusiasts also fall into some common traps that can cost them money, time, and reputation. In this blog post, we will talk about some of these traps and how to avoid them.
🙈Trap #1: Investing without doing proper research
One of the biggest traps that new crypto enthusiasts fall into is investing in cryptocurrencies without doing proper research. They may follow the hype, the FOMO (fear of missing out), or the advice of random strangers on the internet, without understanding the basics, the risks, and the opportunities of the crypto market. This can lead to buying high and selling low, losing money to scams, or missing out on better opportunities.
To avoid this trap, new crypto enthusiasts should do their own research before investing in any cryptocurrency. They should learn about the history, the technology, the team, the vision, the use cases, the market cap, the supply, the demand, the competition, and the regulation of the cryptocurrency they are interested in. They should also compare different cryptocurrencies and platforms, and diversify their portfolio to reduce risk. They should also set realistic goals and expectations, and be prepared for volatility and uncertainty.

💵Trap #2: Not securing their crypto assets
Another common trap that new crypto enthusiasts fall into is not securing their crypto assets properly. They may store their crypto assets on exchanges, online wallets, or other third-party services, without taking adequate measures to protect their private keys, passwords, and recovery phrases. They may also use unsecured devices, networks, or applications to access their crypto assets, exposing them to hackers, malware, phishing, or other cyberattacks.
To avoid this trap, new crypto enthusiasts should secure their crypto assets as much as possible. They should use hardware wallets, paper wallets, or other offline methods to store their crypto assets, and keep their private keys, passwords, and recovery phrases in a safe and secret place. They should also use reputable and regulated exchanges, wallets, and services, and enable two-factor authentication, encryption, and other security features. They should also use secure devices, networks, and applications to access their crypto assets, and avoid clicking on suspicious links, downloading unknown files, or sharing sensitive information.

💻Trap #3: Not paying attention to taxes and regulations
A third common trap that new crypto enthusiasts fall into is not paying attention to taxes and regulations related to cryptocurrencies. They may assume that cryptocurrencies are tax-free, anonymous, or legal in every jurisdiction, without checking the rules and laws of their country or region. They may also fail to keep track of their transactions, profits, losses, and fees, or report them correctly to the authorities. This can result in fines, penalties, audits, or even legal troubles.
To avoid this mistake, new crypto enthusiasts should pay attention to taxes and regulations related to cryptocurrencies. They should learn about the tax implications, reporting requirements, and legal status of cryptocurrencies in their country or region, and consult a professional if needed. They should also keep records of their transactions, profits, losses, and fees, and report them accurately and timely to the authorities. They should also comply with the KYC (know your customer) and AML (anti-money laundering) policies of the exchanges, wallets, and services they use, and respect the laws and norms of the crypto community.

$GMT $AMP $SC
Conclusion
Cryptocurrencies are an exciting and innovative field that offers many opportunities and challenges for new crypto enthusiasts. However, they also require a lot of research, security, and responsibility from the investors. By avoiding the common mistakes discussed in this blog post, new crypto enthusiasts can have a better and safer experience in the cryptocurrency market.

#BTC #binanacesquare #etf #TrendingTopicChallenge #BinanceEarnings

🚀Now Get Ready to Make Payments with $ISLM 🤭
👉Well, get ready for a thrilling change as we introduce you to the future of transactions with $ISLM – the Islamic coin token that's set to revolutionize the way we handle our finances!
👉Grab a Cup of Coffee with #ISLM ☕
Imagine strolling into your favorite coffee shop, ready to enjoy a delightful cup of coffee. Instead of fumbling for cash or dealing with the hassle of card transactions, simply grab your smartphone and make a seamless payment with $ISLM. It's fast, it's easy, and it's the future of currency.

Embracing Values: ✔️
$ISLM isn't just about convenience; it's about aligning your financial choices with Islamic values. By opting for a currency that embraces ethical principles, you contribute to a financial ecosystem that reflects your beliefs and priorities.
Join the $ISLM Revolution 🤝
Excitement is building as more individuals and businesses embrace the $ISLM revolution. From everyday transactions to larger financial endeavors, this Islamic coin token is proving to be more than just a trend – it's a game-changer.
Buying with ISLM
#BinanceTournament #BinanceWish #etf #BullRunPredictions

🎯Kickoff⚽
👉Welcome Friends! This guide aims to simplify Islamic Coin Cryptocurrency for novices, shedding light on its principles, advantages, and potential.
🚀Islamic Coin Cryptocurrency: What is it❓
👉Islamic Coin Cryptocurrency is a digital currency that uses cryptographic techniques for security. It functions as a medium of exchange within a decentralized network and operates independently of any central authority. The distinguishing factor of Islamic Coin Cryptocurrency is its adherence to Islamic financial principles or Shariah law.
🎯Shariah-Compliant Crypto Explained🧾
Shariah law, a moral and religious law that forms part of the Islamic tradition, governs various aspects of daily life, including politics, economics, banking, business law, and social issues. In the financial context, it prohibits practices such as usury (interest), gambling, and investment in businesses deemed haram (forbidden).
Islamic Coin Cryptocurrency aligns with these principles. It does not involve any form of interest, it is not linked to any haram activities, and its transactions are asset-backed, making it a halal (permissible) option for Muslim investors.
🎯Advantages of Islamic Coin Cryptocurrency🚀
Investing in Islamic Coin Cryptocurrency offers several benefits:
👉Ethical Investment: As it complies with Shariah law, investing in Islamic Coin Cryptocurrency is considered ethical. It encourages economic fairness and discourages practices that could lead to financial exploitation.👉Financial Inclusion: Islamic Coin Cryptocurrency can foster financial inclusion by providing a halal investment option for the world’s 1.8 billion Muslims, many of whom may be unbanked or underbanked.👉Security and Transparency: Like other cryptocurrencies, Islamic Coin Cryptocurrency offers the security benefits of cryptography. All transactions are recorded on a public ledger known as the blockchain, promoting transparency and reducing the risk of fraud.👉Growth Potential: As awareness of Islamic Coin Cryptocurrency and its benefits increases, there is potential for significant growth. This could offer attractive returns for early investors.
🎯Investing in Islamic Coin Cryptocurrency💹
Investing in Islamic Coin Cryptocurrency involves purchasing coins through a cryptocurrency exchange that offers them. It’s crucial to select a reputable exchange and secure your investment properly. Always conduct your own research and consider seeking advice from a financial advisor who understands both cryptocurrency and Islamic finance.
🎯Wrap Up
Islamic Coin Cryptocurrency signifies an exciting development in the realm of digital finance. By aligning with the principles of Shariah law, it offers a unique and ethical investment opportunity for Muslim investors. As with any investment, it’s crucial to understand what you’re investing in and to consider the risks involved. With careful planning and consideration, Islamic Coin Cryptocurrency could be a valuable addition to your investment portfolio.
Remember, the world of cryptocurrency is constantly evolving, so it’s crucial to stay informed and up-to-date with the latest developments. Happy investing!
#BTC #ETH #AltCoinSeason #ISLM #Islamiccoin