Cryptocurrency
ValueWalk
ValueWalk
Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate; this is done to maintain a maximum limit of 21 million Bitcoin tokens. Around 19 million Bitcoin tokens are circulating, with the limit expected to be exhausted by 2140. The halving event plays a vital role in the Bitcoin market, often leading to a rally before the event. This year, prices were boosted by the U.S. Securities and Exchange Commission's decision to approve the launch of bitcoin exchange-traded funds (ETFs). Since their inception in January, these...
IBTimes
The fourth Bitcoin halving event is almost upon us with, if history is any indicator, the cryptocurrency likely to see a post-halving surge. Bitcoin halving is an event that takes place approximately every four years, which sees the number of bitcoins released as mining rewards decrease by 50%. Currently the Bitcoin reward is 6.25 BTC. However, after the fourth halving, the reward will fall to 3.125 BTC. As a result, the amount of Bitcoins in circulation becomes even scarcer, causing a surge in demand amongst investors. This is mainly because Bitcoin has a finite supply, with only a maximum of...
Euronews (English)
ValueWalk
Justin Sun is a Chinese-born Grenadian cryptocurrency executive, best known for launching TRON, a blockchain ecosystem alongside its own cryptocurrency, TRX token, in 2017. TRON and the TRX token’s success put Sun in a position to both acquire the company BitTorrent (now known as Rainberry) and spend a period as a representative for Grenada at the World Trade Organisation (WTO). Sun’s latest project sees him return to TRON, this time to launch a theme tune for the blockchain ecosystem. Not willing to put together a half-assed version of the anthem, Sun enlisted the help of German composer Hans...
Euronews (English)
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ValueWalk
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