In brief

35 days left until next #BitcoinHalving
▓▓▓▓▓▓▓▓▓▓▓▓▓░ 97%— Bitcoin Halving Countdown (@Bitcoin_Halving) April 9, 2020

$84,700.00
1.38%$1,600.96
1.76%$2.10
1.45%$582.83
0.54%$134.27
6.73%$0.999898
-0.01%$0.156903
2.13%$0.245262
-2.95%$0.620939
2.42%$1,598.78
1.51%$84,694.00
1.38%$9.45
0.61%$19.39
3.26%$12.61
3.01%$2.96
3.19%$0.238147
2.06%$0.999923
-0.01%$0.00001198
2.66%$1,920.58
1.63%$2.10
0.05%$0.160307
1.86%$333.51
3.67%$75.35
-0.83%$3.69
4.24%$16.30
8.90%$4.38
3.51%$1.001
0.04%$0.999231
0.02%$1,599.56
1.58%$0.610247
-1.20%$218.24
0.13%$27.80
0.24%$1,707.49
1.82%$84,671.00
1.36%$5.26
2.00%$0.00000733
3.88%$51.26
-1.87%$4.72
0.42%$22.46
0.79%$33.58
-0.39%$0.843361
2.52%$1.048
0.07%$1.00
0.00%$2.02
-0.25%$0.700572
0.19%$0.084477
2.56%$4.75
-0.23%$15.02
1.15%$1.17
0.03%$138.84
3.38%$0.077301
3.26%$3.89
6.22%$232.63
-0.20%$0.02273888
1.37%$4.11
3.08%$4.22
0.47%$84,539.00
1.53%$0.996068
-0.36%$0.184602
2.31%$2.41
-0.07%$0.180992
0.27%$7.85
-1.00%$0.277512
1.18%$0.472899
0.88%$3.83
3.08%$2.32
-0.63%$84,615.00
1.41%$0.282818
1.55%$10.25
-0.88%$0.47399
3.58%$1,366.04
2.01%$0.07154
2.44%$140.50
6.99%$0.999277
-0.07%$4.01
-0.44%$0.648813
1.85%$0.373082
3.68%$1.021
1.04%$1,601.87
1.83%$0.01509677
-2.59%$65.19
2.73%$0.00001214
2.98%$1,666.10
1.64%$0.608919
1.15%$0.921031
8.39%$0.588224
1.22%$0.708334
-0.26%$0.169847
2.59%$1.00
0.01%$0.999637
-0.03%$0.628771
4.82%$3,346.36
1.23%$583.03
0.61%$0.999898
0.02%$13.88
-1.22%$1,803.83
1.49%$3,344.16
0.98%$7.77
0.74%$83,586.00
0.56%$0.077447
-0.08%$0.411568
3.48%$0.997918
-0.00%$2.36
12.29%$84,507.00
1.30%$0.694158
-10.32%$0.01370676
-2.99%$147.57
6.77%$0.645099
-3.24%$3.54
7.45%$0.703564
4.25%$0.999396
0.03%$1,702.23
1.86%$172.45
6.89%$0.251261
-5.17%$0.01397653
-0.86%$0.249948
0.91%$0.00000061
0.21%$0.01789344
-1.12%$0.592619
3.16%$0.157932
-0.39%$0.10015
0.68%$1.088
-1.12%$28.09
1.60%$0.347445
1.58%$0.00005489
2.61%$1.81
-0.97%$0.416667
-0.68%$0.492855
-2.27%$3.17
1.34%$1.61
0.07%$0.26915
1.78%$1,672.91
1.53%$31.09
-1.05%$84,266.00
1.14%$0.998506
0.04%$0.999896
-0.00%$0.068026
-0.46%$82,692.00
1.62%$1.72
6.32%$0.435204
3.05%$14.06
2.27%$0.12832
2.17%$0.999893
0.00%$0.466392
4.16%$0.00466148
-0.01%$84,582.00
1.31%$0.553607
0.90%$2.00
0.39%$0.00000042
-2.29%$3.78
0.87%$1,671.64
0.46%$1.08
0.00%$110.71
0.01%$1.00
0.06%$0.157054
2.04%$1.13
2.67%$0.00692652
-0.70%$13.80
1.37%$1,702.01
1.78%$84,527.00
1.56%$83,087.00
-0.29%$5.44
-2.07%$0.00001917
-0.52%$0.377185
0.83%$22.96
-0.45%$1.00
0.08%$1,597.67
1.83%$1,599.93
1.68%$2.20
0.39%$39.53
-0.54%$0.543905
-0.64%$0.121185
-3.77%$1.001
0.28%$0.132168
3.40%$1,599.58
1.69%$1,600.20
1.72%$0.03596596
-0.28%$0.03400272
5.74%$0.420794
2.26%$1.001
0.13%$0.06478
-1.83%$1.00
0.02%$4.99
-0.45%$1.001
0.04%$0.160867
3.83%$1.00
0.04%$0.01661911
-2.86%$0.00005817
1.86%$0.392494
-0.53%$0.180787
-0.06%$0.743179
-0.27%$0.06748
-1.13%$3.84
2.68%$0.486917
3.26%$0.258256
0.92%$0.71817
-2.77%$0.03038923
-1.47%$0.00571842
0.51%$1.001
0.09%$0.00351778
-0.77%$0.999583
-0.01%$0.00461806
4.41%$1,613.54
1.59%$109.65
0.94%$0.00000135
0.76%$0.290617
-1.33%$84,663.00
1.39%$3,230.01
0.01%$84,505.00
1.32%$2.36
-2.79%$0.126943
-8.42%$1.033
-1.35%$1,580.71
1.60%$0.255113
0.38%$2.74
-1.60%$0.560055
0.67%$0.255333
9.40%$20.30
0.33%$0.201074
-2.09%$0.99981
0.01%$3.69
-1.60%$1,600.09
1.79%$0.0346575
6.16%$0.237328
1.67%$0.520585
1.03%$1,691.03
1.65%$0.00038729
13.36%$21.24
-1.32%$19.38
3.24%$0.167097
0.28%$0.407579
-1.91%$1,701.95
1.44%$0.02700333
-2.11%$0.454487
-2.36%$0.097741
2.21%$0.998739
-0.13%$0.01116375
1.07%$0.00248059
-9.12%$1,753.81
1.75%$84,840.00
1.53%$0.624787
-1.75%$1.00
0.05%$1.14
-0.06%$1,738.32
1.63%$0.876834
1.59%$1.97
0.54%$2.63
-0.40%$0.082347
-6.20%Reading
With a little over a month left before the next Bitcoin halving scheduled for May 13, worldwide public interest in the event has skyrocketed. According to Google Trends, in the last few months interest has quadrupled and is set to surpass levels seen during the last Bitcoin halving in 2016.
As Decrypt explained previously, the Bitcoin halving cuts the new supply of Bitcoin in half, so when a miner finds a new block in the chain, they only receive half as much Bitcoin as they did before. This is part of Bitcoin’s economic policy, designed to stop inflation once all Bitcoin has been mined.
35 days left until next #BitcoinHalving
▓▓▓▓▓▓▓▓▓▓▓▓▓░ 97%— Bitcoin Halving Countdown (@Bitcoin_Halving) April 9, 2020
The halving may also have a variety of different consequences. For example, Bitcoin miners might need higher fees to stay profitable, making transactions more expensive. Or miners might leave the network, making it less secure.
The US national debt has surpassed $24 trillion—the largest nominal amount it’s ever been—according to the US Treasury. This is $4 trillion more than it was in March 2019. The national debt increased sharply when the Fed pumped trillions into the US economy to stem the tide of the coronavirus pandemic. The pandemic has caused an unprecedented amount of unemployment in the US, and the entire economy has ground to a halt. Counters keep track on the US national debt. Image: Shutterstock. Analysts a...
Today, Google data estimates that search interest for “Bitcoin halving” will soon reach 100 points in the US—the peak popularity for the term. This will be even higher than in July 2016, when the previous halving occurred. Google Trends doesn’t show exact numbers but shows the relative popularity of a search term over time. If the line hits 100, you know that was the point at which most people were searching the term.
Yet, this doesn’t explicitly mean that Bitcoin is getting any significant traction in terms of mass adoption lately. According to Pedro Febrero, an analyst at Quantum Economics, already “initiated” Bitcoin investors and traders most likely comprise the lion’s share of Google’s search requests.
He pointed out that searches for "Bitcoin" are actually down over the last 12 months, after a peak in June 2019.
“In my opinion, the drive is internal, not external. What I mean by this is that the increase in ‘Bitcoin halving’ search requests vs the number of ‘Bitcoin’ search requests—on Google Trends—shows a huge discrepancy,” Ferbero told Decrypt, adding “It seems to me, the people looking at the ‘Bitcoin halving’ are most likely Bitcoin investors and traders, not people foreign to Bitcoin.”
The very fact that people’s interest in the upcoming Bitcoin halving is currently breaking all-time highs in some countries could show that there's “a great deal of new investors who remained after the 2018-2019 bear market,” Febrero noted.
That is if the Bitcoin price crash on March 12 didn’t flush them out.
The first satoshi mined on the Bitcoin blockchain after last week’s halving event, mined by Bitcoin mining pool ViaBTC, went up for auction—and fetched a sizable seven-figure sum. The auction of “epic sat” 1,968,750,000,000,000, hosted on the cryptocurrency exchange CoinEX, ended Thursday with a final bid of 33.3 Bitcoin ($2.13 million worth) winning the piece of Bitcoin history. It's not yet clear who won the auction. The auction of the Epic Sat began on April 20, the day after the halving, wit...
It's been roughly four days since Bitcoin (BTC)’s fourth halving event occurred, and market watchers have amassed enough data to give an early verdict on its effects. For one, Bitcoin’s supply inflation rate has collapsed, as expected. Each Bitcoin block—mined roughly once every ten minutes—now produces just 3.125 new BTC, half of its former 6.25 BTC block subsidy. Before the halving, 900 BTC was generated daily, fueling a 1.7% inflation rate. The new figures are roughly equivalent to 450 BTC pe...
Earn a free on-chain NFT by taking our course, "Bitcoin Halving 101: What it Means for Miners and Investors." Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as the Bitcoin halving (or halvening, though the term has fallen out of favor in recent years). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Naka...