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Whoever said ENA'll go down, do you still Say that? ENA on a run 🚀🚀 #BullorBear #ENA
Whoever said ENA'll go down, do you still Say that?
ENA
on a run 🚀🚀
#BullorBear
#ENA
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🚀 Bitcoin Inventory Dips as Miners Prepare for Halving The cryptocurrency market has been buzzing lately, especially around Bitcoin, with the upcoming halving event casting a long shadow. In a recent update on CoinDesk: coindesk.com, analysts are reporting that miners are strategically running down their Bitcoin inventory, bringing it to a three-year low. This fire sale has a clear connection to the halving, which is programmed to cut the block reward for miners in half. With fewer coins coming into circulation, miners are likely trying to stockpile some Bitcoin before the supply shock hits. However, experts are divided on the impact of this pre-halving activity on the market. Some, like analyst Arthur Hayes, predict a potential slump around the halving time due to selling pressure. Others, like Ripple CEO Brad Garlinghouse, are more optimistic, with Garlinghouse even predicting the market could double by the end of the year. This is a developing story, and it will be interesting to see how the halving plays out. Here are some additional points to consider: • The halving has historically been a bullish event for Bitcoin prices. • Increased adoption and mainstream interest in cryptocurrencies could also influence the market's trajectory. • Regulatory decisions from governments around the world could play a role as well. Stay tuned for further updates as we approach the halving! #bitcoinhalving #BullorBear #Miners
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Halving is Cominggg 🚀🚀
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Bitcoin Halving is a HUGE event 🔥🔥🔥 What does it half? Lets understand. So Bitcoin has to be mined for coming into the market. There are miners who are mining btc, which means they are solving transaction blocks of btc and thus, for mining blocks, the miner gets rewarded with BTC. How much BTC? In 2009, it was 50 BTC for each block. And then #SatoshiNakamoto did set a system where in every 4 years, this reward will be halved. Means in 2012, the reward reduced in 25 BTC. And thus the cycle is happening. And in this 2024, the reward will be reduced to 3.125 BTC per block. So what happens here? Here, the supply of BTC is reducing. But is the demand going to be reduced? Of course No!!! Thats the reason in 2013, 2017, 2021 the $BTC got all-time HIGH! Now do you understand how much important is this Bitcoin halving in Cryptocurrency? Will this time BTC go all-time high again? #BTCHalvingApril2024 #BullorBear #Halving_update
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Halving Countdown is ON! ⏰⏰⏰ There are only 10 days left until the next Bitcoin halving event estimated to be on Friday, April 19th, 2024. This is a major event in the Bitcoin world, as it cuts the block reward for miners in half. This can have a significant impact on the price of Bitcoin, so it's a time to be aware of what's happening in the market. Here are some key things to know about the halving: 🕛 Reduced Supply: The halving reduces the number of new Bitcoins entering circulation. This can lead to increased scarcity, which could drive up the price. 🕧 Miner Capitulation: Some miners may be forced to sell their Bitcoin if the block reward becomes less profitable. This could put downward pressure on the price in the short term. 🕜 Increased Interest: The halving can also generate renewed interest in Bitcoin, which could lead to increased demand and higher prices. Whether you're a seasoned Bitcoin investor or just starting out, the halving is an important event to watch. It's a time of potential volatility, but it could also be a great opportunity. Don't miss out on this historic event! #BitcoinAwareness #Halving_update #HalvingCylces #HalvingEffect
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SAGA is making a great move 🚀🚀🚀🚀 It has crossed $7 already #sagacoin #SAGACOINUPDATE
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