https://youtube.com/shorts/lS8DC7SeJXg Unique!

What Makes Bitcoin Unique? Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects. The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies. Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more. #bitcoin #unique

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We’re about two weeks out from the next Bitcoin halving, and you might be wondering, "How will it affect crypto and the bitcoins I hold?" It's a great question. Our answer: Relax — the halving won't directly impact any of your existing bitcoin holdings. The halving simply reduces the reward that miners receive for mining blocks by 50%. How the 2024 ‘Halving’ Could Impact Bitcoin We did a little digging around in the numbers, and the data suggests it has taken around 406* days for prices to peak after a halving. Mega Important Disclaimer: Past performance does not guarantee future results. While many believe halvings drive these rallies, other factors are at play and future outcomes remain uncertain. Halving #1 - November 2012 While scientists were busy finding the Higgs-Boson particle at CERN, by November 2012 Bitcoin was beginning to find its feet in the financial jungle. With 11 million bitcoins in circulation, the first halving cut the block reward for miners from 50 BTC to 25 BTC. Exactly one year later (November 28, 2013), bitcoin was up 7,431%. Halving #2 - July 2016 As the Pokémon GO craze began sweeping the world, by July 2016 Bitcoin was gaining broader traction as a mainstream financial tool. The second halving of block rewards from 25 BTC to 12.5 BTC was met with increased anticipation. After the event, prices surged again. By July 9, 2017, exactly one year after this halving, prices had increased by 279%. Halving #3 - May 2020 Bitcoin’s third halving coincided with the global pandemic, making it a unique test for the leading cryptocurrency. With block rewards cut to 6.25 BTC, many were wondering if prices would continue the historic post-halving trend. By May 11, 2021—exactly one year after this halving—bitcoin’s price had increased by 539%, showcasing its resilience even during turbulent economic times. So there you have it, Bitcoin halvings in a nutshell. In the next (and final) edition of this series, we'll explore what happens when all the bitcoins are mined and mining rewards finish. Eek! (But don't worry, this isn’t expected to happen until 2140). #bitcoin #halvings #history #price

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