Express

Bitcoin Completes Fourth Halving, Price Remains Stable Above $63K

Mary Liu

Summary: At around 8:09 pm New York time, Bitcoin completed its fourth halving at block height 840,000. The mining reward of the Bitcoin network was halved from 6.25 BTC to 3.125 BTC. Block halving refers to the process of reducing the amount of digital currency generated per unit of time, mainly by reducing block rewards.  The ...

At around 8:09 pm New York time, Bitcoin completed its fourth halving at block height 840,000. The mining reward of the Bitcoin network was halved from 6.25 BTC to 3.125 BTC.

Block halving refers to the process of reducing the amount of digital currency generated per unit of time, mainly by reducing block rewards. 

The Bitcoin network has experienced three halvings in 2012, 2016, and 2020.

Bitpush Terminal data shows that at the time of writing, Bitcoin was trading at $63,403.43, a 24-hour increase of just over 1%.

Last Update:

Tags: ,
Link: Bitcoin Completes Fourth Halving, Price Remains Stable Above $63K   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.