According to a report by Coinbase, the popular exchange, the upcoming halving which reduces miners’ block rewards from 6.25 BTC to 3.125 BTC, is set to have profound effects on the market. The report compares previous bitcoin halving charts to the one that is scheduled for next month, indicating massive upward potential for the digital asset.

Understanding the Bitcoin Halving

Bitcoin, the world’s leading digital asset, is set for its next halving event in mid-April 2024. This event, which occurs roughly every four years, has garnered significant attention from investors worldwide. The Bitcoin halving is a fundamental aspect of the revolutionary digital asset’s protocol, designed to…

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