Bitcoin Halving Preview In 2024

2023-03-20, 06:10

Introduction to Bitcoin Halving:

The total number of Bitcoins issued is set at 21 million, and more than 90% of Bitcoins have been issued currently.

Bitcoin halving refers to the automated process which halves Bitcoin rewards for Bitcoin miners, approximately every four years, or every 210,000 blocks.

Bitcoin experienced halving events in 2012, 2016, and 2020, and the price of Bitcoin surged in 2013, 2017, and 2021.

According to the cycle above, the next Bitcoin halving event will come in 2024, and the price of Bitcoin is expected to rise in 2025.

What Will Bitcoin Be Like In 2024?

We cannot guarantee that Bitcoin prices will rise again during the next halving event.

Since 2020, world-renowned enterprises have also demonstrated their participation in virtual currency, becoming a global trend.

The formulation of regulations on virtual currencies is rapidly advancing around the world, and 2024 will become an important year influenced by countries and large enterprises.

In Japan, regulatory development is also being implemented, so it is necessary for us to catch up with the changing rules.

In summary, significant changes will occur in the coming years starting from 2024, so understanding the basic rules of virtual currency is a top priority.

Author: Peperon

*This article represents only the views of the researcher and does not constitute any investment suggestions.

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