Bitcoin Halving Countdown 2024

Stay ahead with our comprehensive impact analysis and expert predictions
Bitcoin Halving 2024 Countdown Clock
840000Halving Block
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~10 minutesBlock Time
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Bitcoin News
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Business

Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes

Bitcoin miner Marathon Digital Holdings reported a significant loss for the second quarter of this year, citing the impact of Bitcoin’s halving event on its operations as rivals posted similar results. The Fort Lauderdale, Florida, firm faced a substantial net loss and decreased Bitcoin production amid rising operational challenges, according to its latest quarterly figures. The Bitcoin halving event in April, which typically occurs approximately every four years, effectively slashed the reward...

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Apr 25, 2024

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Coins

Bitcoin 'Epic Sat' From the Halving Sells for $2.1 Million

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...

by Jason Nelson ·

Apr 23, 2024

A wizard lifting runestones. Illustration by Iobard/Shutterstock.

Coins

Why Are Bitcoin Rune Names So Weird? There's a Method to the Madness

The Bitcoin halving has come and gone, and along with the milestone, the new Runes token protocol went live on the Bitcoin network. Since its launch on April 20, the Runes protocol has seen over eight thousand “etchings”—the preferred term for the deployment of Runes tokens—created on the Bitcoin blockchain, according to Ordinals and Runes launchpad Luminex. One trend that quickly emerged among these new digital assets was long and unusually formatted names. A quick browse of the nascent categor...

by Jason Nelson ·

Apr 22, 2024

Image: PurpleRender/Shutterstock

Markets

Bitcoin Volatility Fear Led to Second Week of Crypto Fund Losses

As the week of the Bitcoin halving closed, a report found that this historical moment for the crypto industry was leading to fear among investors. A CoinShares report has found that digital asset investment products—like spot Bitcoin ETFs and exchange-traded products—have seen outflows for the second consecutive week, up to $206 million from $106 million the week prior. This comes in the weeks leading up to the Bitcoin halving, which occurred April 20, where mining rewards were cut in half. The...

by Ryan S. Gladwin ·

Apr 22, 2024

Bitcoin is the leading crypto asset by market cap. Image: Created by Decrypt using AI

Markets

Bitcoin Price Reclaims $66,000, Ethereum Sees Modest Gains After BTC Halving

Bitcoin and Ethereum, which experienced a spate of last-minute volatility ahead of the BTC halving on Friday, have since recovered from their roller coaster ride. At the time of writing, the Bitcoin price is up 1.6% in the past day, hovering around $66,000 after having reclaimed that milestone for the first time in a week. The cryptocurrency's block reward halving, which occurred on Friday, saw the reward paid to Bitcoin miners reduced from 6.25 to 3.125 BTC. Although it's usually the catalyst f...

by Stacy Elliott ·

Apr 22, 2024

The Bitcoin halving. Image: Decrypt

Technology Guides

What Is the Bitcoin Halving? How Bitcoin's Supply Is Limited

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...

by Ki Chong Tran, Matt Hussey, Stephen Graves ·

Apr 21, 2024

Image: PowerUp/Shutterstock

Coins

This Week on Crypto Twitter: Bitcoin Halving Anticipation to Elation—Then Back to Work

Illustration by Mitchell Preffer for Decrypt It was a rollercoaster week for Bitcoin and the broader crypto landscape, with most eyes fixed on the quadrennial Bitcoin halving finally executing early Saturday morning, on 4/20. Monday brought an encouraging rebound after a weekend dip. As expected, Hong Kong joined the digital asset ETF party, approving Bitcoin and Ethereum spot ETFs. Latest on HK spot Bitcoin ETFs: They have been approved to exist but not launch (yet). Rumor has it launching nex...

by Ryan Ozawa ·

Apr 21, 2024

Image created by Decrypt using AI

Markets

Solana, Ethereum Meme Coin Prices Blast Off as Bitcoin Stays Steady After Halving

The latest Bitcoin halving took place late Friday, cutting miner rewards in half for the fourth time in history—but BTC itself is hardly the biggest winner in the crypto markets this weekend. Instead, it’s meme coins leading the charge, with some prominent tokens marking sizable double-digit percentage jumps in the last day. Dog-themed coins are the biggest winners so far this weekend, with the Solana-based BONK charting a massive 37% jump in price over the last 24 hours alone, jumping to a curr...

by Andrew Hayward ·

Apr 21, 2024

Image created by Decrypt with AI.

Coins

When Is the Next Bitcoin Halving?

Bitcoin’s latest halving event has happened. Are you ready for the next one?  The much-talked about quadrennial event baked into Bitcoin’s code happens every four years, approximately. The first one took place in November 2012, the second in July 2016, the third in May 2020, and the latest was just on Friday—April 19, 2024. And with the fourth one down, the next one is already scheduled when another 210,000 blocks are mined—which is expected sometime in 2028, though the exact month and date will...

by Mat Di Salvo ·