Is Next Bitcoin Halving going to make New All-time High in 2024!!!

"The Bitcoin halving comes every 4 years after every 210,000 blocks have been mined which cuts the rate of new circulation of bitcoin every four years as the Bitcoin ecosystem works on “Proof Of Work” which rewards miners after making a successful transaction.

The circulation of BTC further continues till 2140, till that the circulation all over the market will be 21 million Bitcoins. Miners will be rewarded with fees at that time, which users will pay, for processing transactions. These fees guarantee that miners have an incentive to mine and keep the network operating. In 2013, Bitcoin’s first halving took place on Nov 28 which make a rise in Bitcoin from $12 to $1217 making the first all-time high on 28 November 2013. The Second Halving of the Bitcoin network happen on 9 July 2016 at that time the price of bitcoin was $647 and increased to $19800 around the next year.

This shows us that whenever halving comes in Bitcoin the price increases and makes a new all-time high. The most recent Bitcoin halving took place on 11 May 2020. At that time, a bitcoin was worth $8,787. On 14 April 2021, the price of a Bitcoin rose to $64,507 (a 634 percent increase from its pre-halving value). A month later, on 11 May 2021, a bitcoin was valued at $54,276, which represented a 517% increase that is more compatible with the halving of 2016. This makes it more interesting for all investors and whales to buy Bitcoin at low prices and wait for the next halving in the BTC network and which will make a new all-time high after surpassing the $64000 level as bitcoin is becoming more popular all over the world.

As the bitcoin halving is upgrading the blockchain on which bitcoin ecosystems work, There are projects which also work on blockchain one of which is ELITE is a token, based on Polygon blockchain, was minted with a maximum supply of 4.4 billion tokens and can be traded on centralized and decentralized exchanges, Blockchain technology also reward you $Elite which is the official token of Eli Mobile. "

submitted by /u/Bitterlinego
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source https://www.reddit.com/r/btc/comments/veoae2/is_next_bitcoin_halving_going_to_make_new_alltime/

President Of Panama Suspends Crypto Bill Citing FATF Guidelines

The President of Panama, Laurentino Cortizo, has temporarily vetoed Bill No. 697, a bill dubbed the “crypto bill.” The President took this decision after saying that the bill requires more work to fit Panama’s financial regulations better. In May, President Cortizo warned that he wouldn’t sign the bill if it didn’t include additional Anti-Money Laundering (AML) regulations after the country’s National Assembly passed the bill in late April 2022.

A copy of the 32-page veto was obtained by local media Outlet, La Prenda. It reported that the president wrote that it’s “imperative” that the cryptocurrency laws ...

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Why are on-chain analysts wrong quite often?

submitted by /u/holdencrypfield [link] [comments]

Babel Finance Has Put a Halt to Withdrawals Due to a Lack of Liquidity

Babel Finance, a Hong Kong-based asset management firm and cryptocurrency lender, is the latest cryptocurrency lending provider to be hit hard by the current market. Babel Finance said on Friday that redemptions and withdrawals from its products would be temporarily halted due to "unusual liquidity challenges."

According to a note on Babel Finance's website, "Recently, the crypto market has seen major fluctuations, and some institutions in the industry have experienced conductive risk events." The company stated it is in close contact with all the involved parties related to the situation and further reiterated that it is ...

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Musk Could Possibly Turn Twitter Into a Crypto Payment Platform

Elon Musk, billionaire and CEO of Tesla and SpaceX and new owner of Twitter, stated that integrating digital payments into Twitter "makes sense." Musk recently reached an agreement to buy Twitter for $44 billion. Despite considerable public skepticism about the deal's completion, it appears to be on schedule, and Musk's attendance at Thursday's conference indicates that he is committed to the purchase.

During a virtual, all-hands-on-deck Twitter meeting, Musk said, "Money is fundamentally digital at this point and has been for a while." He added, "It would make sense to integrate payments into Twitter so it's ...

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The Metaverse Could Be Worth About $5 Trillion by 2030

A report published by International Consulting Firm, Mckinsey & Company, suggested that the global spending in the metaverse could reach $5 trillion by 2030. The 77-page report titled “Value Creation in the Metaverse” analyzed the current adoption trend and drew additional insights from two global surveys. The first survey gathered data from 3,104 consumers across 11 countries, while the second polled a range of executives from 448 companies cutting across 15 industries in 10 countries.

Using these data, McKinsey predicted that the future of consumer behavior in the metaverse would most likely be divided into five ...

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New research finds that Bitcoin consumes 56 times less energy than legacy system and Lightning payments is up to a million times more energy efficient per transaction than Instant Payment scheme.

submitted by /u/KAX1107
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NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%

submitted by /u/Massive-Technology82 [link] [comments]

source https://www.reddit.com/r/btc/comments/vdtjzq/nft_marketplace_opensea_migrates_to_seaport/

This dip is a god send.

If you’re seeing this dip in any other light than it being a massive opportunity to build your stack, you’re doing it wrong.

It’s even somewhat nostalgic to see the panic, fear and uncertainty surrounding Bitcoin.

Everyone buys Bitcoin at the price they deserve and if you’re stacking now, have a preemptive congratulations.

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Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound

submitted by /u/Prudent_Sector_4590 [link] [comments]

source https://www.reddit.com/r/btc/comments/vdtjbe/biggest_movers_sol_trx_nearly_10_higher_as_crypto/

Heart wrenching

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/vd3gzs/heart_wrenching/

Photos of a Giant Bitcoin Mining Plant in Lake Mariner being built, creating hundreds of new jobs, stay bullish people!! Now is the time to buy-in 🤝

submitted by /u/BitcoinFan1239 [link] [comments]

Comment on research forum on the new multisig design for the SmartBCH bridge

submitted by /u/Mr-Zwets [link] [comments]

source https://www.reddit.com/r/btc/comments/vd2fn1/comment_on_research_forum_on_the_new_multisig/

Long term hodler feelings

submitted by /u/Reedey [link] [comments]

When Bitcoin Cash went from $100+ to $1600 (16x) in the recent bull market, people wished they had bought. Don't wish anymore, today is your second opportunity to get ready for the next bull market.

submitted by /u/MobTwo
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source https://www.reddit.com/r/btc/comments/vd0y9y/when_bitcoin_cash_went_from_100_to_1600_16x_in/

Opensea Marketplace Announces New Security Features to Protect Users From NFT Scams

OpenSea has announced a new feature that will automatically hide any suspicious NFT transfers from view on the marketplace to prevent scams. OpenSea, one of the most used NFT marketplaces, has recently been criticized for stolen and plagiarized NFTs. Due to the increase in the number of NFT scams and thefts, the popular NFT marketplace has announced the launch of a new feature which will hide suspicious NFT transactions from view on the marketplace.

This new feature will help protect users from falling victim to scams while ensuring that only legitimate transactions are visible to users. ...

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Bitcoin was literally created as a response to the last recession. This is its first opportunity to shine as intended. all other price action is people playing with it like a casino with their emotions...

submitted by /u/Josh_Abrams
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Bitcoin's Network Just Saw the Largest Spike in $100k+ Whale Transactions in Over a Year

submitted by /u/BrianAtSantiment [link] [comments]

source https://www.reddit.com/r/btc/comments/vcbr6w/bitcoins_network_just_saw_the_largest_spike_in/

Bitcoin below $25,000! Should you buy the dip or more pain on cards?

submitted by /u/Consistent_Emu_8020 [link] [comments]

source https://www.reddit.com/r/btc/comments/vcb246/bitcoin_below_25000_should_you_buy_the_dip_or/

With Market Crash, El Salvador Is Down $52M on Its Bitcoin Bet

submitted by /u/Afraid_Equipment4279 [link] [comments]

source https://www.reddit.com/r/btc/comments/vcaj8t/with_market_crash_el_salvador_is_down_52m_on_its/

Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure

submitted by /u/Acceptable-Seesaw621 [link] [comments]

source https://www.reddit.com/r/btc/comments/vcaoyh/bond_traders_raise_bets_for_fed_rate_hike_adding/

Celsius’s CEL Token Jumps 8-Fold in Intraday Spike

submitted by /u/Bailexs [link] [comments]

source https://www.reddit.com/r/btc/comments/vcai8i/celsiuss_cel_token_jumps_8fold_in_intraday_spike/

Germany: Federal government rejects EU crypto law on the reporting obligation of unhosted wallets

submitted by /u/greeniscolor [link] [comments]

Optimism Loses 20M Tokens Due to Exploitation of L1 and L2 Confusion

The honeymoon period of the newly launched Optimism layer-2 scaling solution has been cut short after the market maker’s smart contract address was exploited. This exploitation has led to the loss of 20 million OP tokens. Although the exploit happened on May 26, it was only reported to the community recently. One million tokens valued at $1.3 million were sold on Sunday. In comparison, another one million tokens valued at $730,000 were transferred to Vitalik Buterin’s Ethereum address on Optimism on June 9 at around 12:26 am UTC. The remaining tokens are dormant right now but could be ...

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[celsius] Warned early nobody listened… time did a good job

Original post: https://www.reddit.com/r/Bitcoin/comments/ogifes/celsius_network_warning/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

submitted by /u/Tyranoc4
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MicroTragedy, Tesla, and El-Salvador Deep in The Red. The BTC community needs to accept reality: Store-of-Value Was a Lie! Remember Those who Spread These Lies & Destroyed People's Lives!

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/vbgnmn/microtragedy_tesla_and_elsalvador_deep_in_the_red/

I will buy $5,000 every week it’s below 25k.

submitted by /u/angrysatoshi [link] [comments]

Attention All Passengers: Public Service Announcement by Michael Saylor 📣

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/vbhtox/attention_all_passengers_public_service/

MicroStrategy stock opens 23% lower as crypto markets slide

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/vbg09r/microstrategy_stock_opens_23_lower_as_crypto/

Just finished this book :D

submitted by /u/ReasonableTowel1100 [link] [comments]

“Bitcoin was created to take power out of the hands of the government and central bankers, and put it back into the hands of the people” (Gilpin, 2014).

submitted by /u/Abullish92 [link] [comments]

Restaurants in South Florida accepting Bitcoin Cash on Bitcoin Pizza 🍕 Day!

submitted by /u/Ryan-Giffin [link] [comments]

source https://www.reddit.com/r/btc/comments/vau1cx/restaurants_in_south_florida_accepting_bitcoin/

PayPal Finally Allows Bitcoin Transfers To External Wallets

submitted by /u/hyperfreeto [link] [comments]

Connected to I2P and TOR

submitted by /u/0zzutor [link] [comments]

Celsius Network $CEL: Damage Control on Reddit

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/vasulb/celsius_network_cel_damage_control_on_reddit/

Central African Republic and Gabon leaders meet with BBGS to set up Bitcoin mining facilities and bolster existing energy infrastructure using sustainable energy sources

submitted by /u/KAX1107 [link] [comments]

Bitcoin needs big blocks. BCH undestood it.

submitted by /u/BCHisFuture [link] [comments]

source https://www.reddit.com/r/btc/comments/vasfrk/bitcoin_needs_big_blocks_bch_undestood_it/

Bitcoin is at a stage when the people with ability to print infinite fiat monopoly money can artificially manipulate and supress the dollar exchange rate. But we have a simple weapon to stop this.

Self custody.

If someone is giving you 5% yield on your bitcoin, they're using it to suppress the price by 25% creating paper bitcoin. 5% yield at 25% artificially lower price means you're losing money. Someone else is making money off your back. Sound familiar?

Get your bitcoin out of centralized exchanges and third party custodians.

This is too important to be careless or ignorant about. Your future and the future of your kids and grandkids is at stake.

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If lightning network gets more popular for micro transactions for BTC, won’t that cut out the miners? If so, do you think the miners will go to BCH?

submitted by /u/GETSOME88-007
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source https://www.reddit.com/r/btc/comments/va5fq2/if_lightning_network_gets_more_popular_for_micro/

If you smoke you should quit and use that money to buy Bitcoin.

I quit smoking about a month ago, I intend to live as long as I can to enjoy the fruits of my HODLing.

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tfw goldbugs say "gold is a bargain $2k / oz" and you realize how many ounces there are

submitted by /u/Uberhipster [link] [comments]

Spanish BitcoinCash Twitter Space these Monday to talk about SmartBCH SHAGate recent news AND BCH.

submitted by /u/XolosRamirez [link] [comments]

source https://www.reddit.com/r/btc/comments/va43lj/spanish_bitcoincash_twitter_space_these_monday_to/

For you DCA investors: CashApp allows you to set up a Direct Deposit and allocate a % of your deposit to be paid in Bitcoin. Get paid in Bitcoin with 1% - 100%! NO FES!

submitted by /u/Deathstaroperatorguy [link] [comments]