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Investors are counting on the halving to send Bitcoin skyrocketing in value. But it hasn't happened yet.
Bitcoin's recent halving event has ignited a fascinating blend of historical echoes and groundbreaking developments.
After the halving, several stocks have the potential to follow Bitcoin higher.
Bitcoin completed its fourth-ever halving on Friday with prices remaining relatively stable through the weekend but below the all-time highs bitcoin reached in mid-March.
A Bitcoin halving occurs every 210,000 blocks, or roughly once every four years. Prior to the 2024 Bitcoin halving, the last halving event happened on May 11, 2020. From tariffs to inflation ...
The much awaited bitcoin halving occurred late Friday evening. While it cuts the new bitcoin issuance rate and bitcoin miner rewards in half, its impact on price of bitcoin is still in question.
Bitcoin's most important economic mechanism, the halving, could legitimize Bitcoin as a store of value asset for the digital age, seeking more liquid assets than real estate or gold.
In the next day or two, bitcoin is expected to go through a preprogrammed event that will cut new production of the cryptocurrency.
There are reasons to believe that the bitcoin halving could keep the value of the currency high.
There is a potential impact of the Bitcoin halving event on its ecosystem and price, considering supply reductions and market trends. Explore more here.