KEY FACT: Tether has advanced the scope of its service/products beyond Stablecoins, as it introduces a new framework that embraces data, power, and education in addition to finance.
Edited on Canva
It is barely 24 hours after the 4th Bitcoin halving was completed which means that it would be more difficult to mine Bitcoin thereby leading to its scarcity in the market. The 21million Total supply of Bitcoin is viewed as insufficient to the growing population of th world that is drifting towards the tokenization of everything. Obviously, the demand for Bitcoin would increase while its supply funnel gets narrower by the day.
Saturday’s Bitcoin
BTC
tickers down
$64,891
halving has officially seen the rewards paid out to miners reduced from 6.25 Bitcoin per block to 3.125 BTC. But now, experts turn their eye to where Bitcoin could be by the next halving in 2028.
Despite miners being technically paid less for their efforts in securing the network, halving events are widely regarded by many analysts as being a precursor to significant increases in the price of Bitcoin — with the “supply shock” of new BTC hitting the market from miners being significantly reduced.
4/20
1:09 AM GMT+1
Screenshot, Source: Watcher.guru
Historically, Bitcoin halving events have been followed by an increase in Bitcoin's price. However, past performance is not indicative of future results, and various factors can influence Bitcoin's price. Do not take this as financial advice and ensure you do your own research before investing in any cryptocurrency.
If you found the article interesting or helpful, please hit the upvote button, and share for visibility to other hive friends to see. More importantly, drop a comment below. Thank you!
This post was created via INLEO, What is INLEO?
INLEO's mission is to build a sustainable creator economy that is centered around digital ownership, tokenization, and communities. It's Built on Hive, with linkages to BSC, ETH, and Polygon blockchains. The flagship application: Inleo.io allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: inleo.io/profile/uyobong/blog
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966
KEY FACT: Tether has advanced the scope of its service/products beyond Stablecoins, as it introduces a new framework that embraces data, power, and education in addition to finance.
Edited on Canva
It is barely 24 hours after the 4th Bitcoin halving was completed which means that it would be more difficult to mine Bitcoin thereby leading to its scarcity in the market. The 21million Total supply of Bitcoin is viewed as insufficient to the growing population of th world that is drifting towards the tokenization of everything. Obviously, the demand for Bitcoin would increase while its supply funnel gets narrower by the day.
Saturday’s Bitcoin
BTC
tickers down
$64,891
halving has officially seen the rewards paid out to miners reduced from 6.25 Bitcoin per block to 3.125 BTC. But now, experts turn their eye to where Bitcoin could be by the next halving in 2028.
Despite miners being technically paid less for their efforts in securing the network, halving events are widely regarded by many analysts as being a precursor to significant increases in the price of Bitcoin — with the “supply shock” of new BTC hitting the market from miners being significantly reduced.
4/20
1:09 AM GMT+1
Screenshot, Source: Watcher.guru
Historically, Bitcoin halving events have been followed by an increase in Bitcoin's price. However, past performance is not indicative of future results, and various factors can influence Bitcoin's price. Do not take this as financial advice and ensure you do your own research before investing in any cryptocurrency.
If you found the article interesting or helpful, please hit the upvote button, and share for visibility to other hive friends to see. More importantly, drop a comment below. Thank you!
This post was created via INLEO, What is INLEO?
INLEO's mission is to build a sustainable creator economy that is centered around digital ownership, tokenization, and communities. It's Built on Hive, with linkages to BSC, ETH, and Polygon blockchains. The flagship application: Inleo.io allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: inleo.io/profile/uyobong/blog
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966
Posted Using InLeo Alpha