Upon designing what has later become the world’s largest blockchain network, Satoshi Nakamoto decided to incorporate an event happening approximately every four years to set a certain inflation rate for the creation of new BTC.
With BTC’s next halving right around the corner, one analyst has outlined a particularly simple but possibly quite profitable strategy for those who want to speculate on Bitcoin’s price movements in regard to each cycle.in the months after each halving. Whether that’s hype or people are actually purchasing more while the production rate has slowed down is still uncertain. However, every new low is higher than the previous cycle’s bottom, which leans more toward the latter.
The last one took place in May 2020, and Bitcoin soared to a new all-time high of $69,000 19 months later . Some of the predictions for this cycle see BTC hitting $150,000 or maybe even $200,000 in the year after the upcoming halving, as
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Does the Bitcoin halving impact cross-chain interoperability solutions?Beyond the immediate impact on Bitcoin pricing and miner rewards, Bitcoin halving influences cross-chain interoperability.
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