← Go back May 05, 2023
Bitcoin's (CRYPTO:BTC) halving event, which occurs approximately every four years, is one of the most anticipated events in the cryptocurrency industry. Due to the dynamics revolving around supply and demand, Bitcoin has historically gone on impressive runs when the next halving is about a year away. With the next halving likely to happen sometime in April or May 2024, we are officially right at a year until Bitcoin's inflation rate changes -- meaning this May could be a great opportunity to increase profits for the long haul.The halving is a pre-programmed event in the Bitcoin network that occurs about every four years (or 210,000 blocks added to the blockchain) and gets its name because it cuts the reward given to miners for successfully mining Bitcoins in half.Continue reading
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