😱🔥The Halving has officially happened: What happens now? All eyes are on Bitcoin Halving has taken place in #Bitcoin and block rewards have decreased from 6.25 #BTC to 3.125 BTC, the expected halving in Bitcoin has officially taken place. The block rewards given to miners dropped by half at the 840,000th block at 00.09 UTC time. According to this, miners will earn 3,125 BTC from block rewards instead of 6.25 BTC until the next halving in 2028. Thus, the amount of Bitcoins produced per day was also limited to 450 BTC, while it was 900 BTC. Everyone was waiting for today in the crypto money market. after the previous halving in 2020, investors had started to wait for 2024. the 4-year wait ended as of today and the halving was completed without any disruption. How will Halving affect Bitcoin? Halving is a mechanism that allows Bitcoin to have predictable inflation. Thanks to halving, which takes place every four years, the speed of launching new Bitcoins is gradually slowing down. This rule, laid down by the creator of Bitcoin, Satoshi Nakamoto, makes Bitcoin a deflationary asset. Since the amount of Bitcoin produced per day will decrease from 900 BTC to 450 BTC, the selling pressure created by miners will decrease in the short term. In the medium and long term, there will be half as many Bitcoins released as before. It is thought that this situation will also have a positive impact on the price. In retrospect, the rises seen after halving stand out. Bitcoin had increased by 9 thousand percent in the 12 months after the first halving in 2012. in 2016, this was 375 percent, while in 2020 it was 600 percent. The Deceleration experienced by Bitcoin after halving has enabled a link to be established between halving and price increases. Investors are eagerly waiting to see how the price of Bitcoin will fare after the last halving we left behind. #bitcoinhalving #binance
BTC Halving Finish ! 🏁 Now What? . . . This question is in everybody's mind 😌 I knew this three things will happen after halving. . . my expectations. . . 🚀🔴 1) Neutral - Means nothing gonna happen everything will be normal ✅ 2) Big Pump - Means everything goes up bull run starts ✅ 3) Down - Everything goes down but thats not possible as its already down since half month so am not worried about it ✅ So let me tell u that wait yes wait See the market research on it . . . BTC is still stable around 65000 is good sign BTC is not down is good sign it goes 60 up BTC is going up slowly is good sign BTC and other coins are also green is good Many investors big bulls think that now no more downfall but from here everything goes up only all time high new heights soon. . . Can happen in week or 10 days or in May 🚀 Don't Worry Guys 🏳🤝🥂 We Will Win 🔥✝️ #bitcoinhalving #BullorBear #LatestNews
Hours before the Bitcoin halving, let's recall former Binance CEO CZ's views and predictions about the halving. Former Binance CEO CZ; "What happens in Bitcoin Halving? I can't predict the future. This is my experience based on the last 3 halvings. 1. A few months before the Bitcoin halving (from now on), there will be more and more talk, news, worries, expectations, hype, hopes, etc. 2. The day after the halving, Bitcoin price will not double overnight. And people will ask why not. 3. The year after the halving, the Bitcoin price will hit multiple ATHs (all-time highs). And people ask why. People have short memories. I'm not saying there is a proven causality. And history doesn't predict the future. #Bitcoin #BNB🔥 #CZBİNANCE #ETH #Halving
#BTC🔥🔥🔥🔥🔥🔥 $59k - $58k is the major support for the upcoming weeks. If you are not bullish in the market then I am telling you 5 facts to make you bullish- 1. When the war begins fiat currency become useless for countries only GOLD and natural resources are useful for countries to trade with other countries. 2. Gold is still the sovereign asset for any country because it is limited in supply and historical value for the humans since they evolve. 3. Same thing is $BTC it is limited in supply and easily transferable and censorship resistant, no one can sanction your transaction in bitcoin network. 4. We are witness in 2022 during Russian -Ukraine conflict several donations were made in bitcoin and Russia also realised that there is absolute demand of a asset that is censorship resistant. 5. So that these qualities of bitcoin make it unbeatable asset in the world and creates huge demand. Market corrections are temporary what happens after 3months Russia Ukraine of war. Everything gone shoot up 🚀🚀 think for long term you will win always. #bitcoinhalving
💥 SO, WHAT JUST HAPPENED? 💥 You surely noticed. $BTC experienced within an hour a dump from about 63k all the way to about 59k. So, after all, what happened? From updates on the Iran x Israel conflict, to the remembrance of how close the Halving actually is. What truly happened? Well, let me start by stating the inevitable: $BTC will crash, and will crash a LOT in a near future, and what happened here today is only a taste of the pressure being held within the price of Bitcoin. In the last hour, more than 10,000 BTCs (≈600 Million USD) had to be traded to avoid catastrophe. Yes. Half a Billion Dollars. Why? Below 58k is a very dangerous zone where massive liquidations are expected to happen. Do you remember when BTC was happily above 70k? Yes. Those people who bought with margin above 70k, expecting the price to go up, THEY will be the ones FORCED to SELL if the price falls below 58k. And what happens when they are forced to sell? Bitcoin falls even more, leading to more and more liquidations, until there is no more fuel to crash. That's what they tried to avoid with the recent 10,000 BTCs traded. Those BTCs have been traded not because of a coincidence but because the crash is being postponed as much as possible. But can you forever prevent water from flowing down a broken dam? Eventually the concrete will give up. And that's the moment... we will see the real... crash. Once again, making this Halving no different from others. Once again, preparing the market for a healthy and beautiful... Bull Market. Take care, and stay safe. ~ #cryptoblessinghelper ☘️
Let me tell you something. Half a Billion Dollars. More than 9000 $BTC s have been traded just now to keep supporting the price above 60k at all costs. Half a billion dollars moved in less than an hour. Either this is going to be one of the great "Saves" they will ever manage to pull out, or this will be the last resource before a really huge and liquidating Crash. Whether the former, or the latter, relies on if the amount to be bought will be enough to hold the pressure.
If you're still undecided if the market will crash or not, I will give you a tip. Binance just moved their #SAFU to $USDC before #Bitcoin halving tomorow. So what does this tell you? Even Binance has secured their assets to a stablecoin to prepare for a possible $BTC collapse. 🤔 It doesn't take rocket science to figure this out. Now that I have given you a tip, it's time to return me the favor if you follow my advise to secure your funds to USDT etc. A 1 USDT tip will be more than enough. LOL. 😆 Just kidding. My final advise, as what CZ said, keep your funds SAFU!
$BTC The Truth about Halving nobody want to tell because it scares the bulls: 🟥 Everything that will be mined Until Halving can be sold at a profit for an average price of $40k while everything that will be mined after with the same gear will need to be sold for at least $80k with the actual difficulty based on an average price per kw 🟥 Difficulty is increased if more Miners are mining and decreased if less Miners are mining. This means that naturally most Miners that pay higher price per kw will stop mining. This will decrease difficulty and increase reward for who will be left 🟥 Large companies like Bitmiain will develop a new machine that will be profitable even for those who pay higher electricity bill. Those companies will need money to buy new machines. Part will be made by selling the old equipment to who pay less for electricity the other will be made by sales of BTC previously mined. Those companies will sell most of their reserves in a few months because they need money NOW to buy new equipment. This can drop the price to 40k that is still profitable from previously mined BTC 🟥 This sale will cause a substancial drop in price. So other companies that has average electricity bills will follow the same lead in cycle until every single company will upgrade their equipment. This urgency will force even some Miners to sell at a loss fearing that the price will go too far bellow 40k 🟥 This drops will force also many investors in particular impatient one or new in the field to cut the losses selling as well 🟩 The good thing about this is that who will keep large amounts of cash ready to invest in this down trend will make the most of it when BTC actually will chase again the 100k mark next year
$BTC HALVING MIGHT BE HAPPENED TONIGHT OR EARLY TOMORROW!! 154 blocks more $BTC will get enough 840.000 blocks and halving will be happening! It’s a very very big event for all $BTC holders and traders all over the world. WHAT DO YOU DO DURING THIS TIME? -> Limited your trade because we dont know what gonna be happened -> Manage your capital - with appropriate volum because the wave would be very strong, it might be x2 x3 current price up and down -> Better to stand out and move all your$$ to spot wallet for sure -> Control your emotion and use stop loss, market still there, $$ still a lot there, we dont earn today, then earn tomorrow! Hopefully everyone got win win win!! Happy trading #bitcoinhalving #Memecoins #BTC🔥🔥🔥🔥🔥🔥
1. Tax on Crypto Transactions: In India, there is a 30% tax on all cryptocurrency activities like trading, mining, and exchanging. 2. TDS Requirement: A 1% Tax Deducted at Source (TDS) is applicable with a threshold of ₹50,000, and in some cases, it is ₹10,000. 3. Calculating Taxes: Taxes on crypto gains are computed using methods like Year-to-Date (YTD) calculations. 4. Losses Treatment: Losses from cryptocurrency dealings cannot be carried forward or offset against other income under Section 115BBH. 5. Reporting and Compliance: All individuals and entities who earn profits from cryptocurrency must accurately report and pay taxes according to the tax regulations in India. #bitcoinhalving #nadyisom