[vc_row][vc_column][vc_paragraph text=”The long-awaited reduce of the BTC block reward will happen in less than a month, and the market mood indicators are quickly changing.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Google search for “bitcoin-halving” has grown exponentially” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The halving aiming at BTC block reward reduction will have a significant meaning for the ecosystem.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”On one hand, it will eliminate small miners from the industry until the profitability recovers. Besides, major miners that have lower coin sales will mine at a loss, or, at most, with a small gain saving the coins and reducing the BTC requests.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The assumption that halving will lead to price increase is based on the theory that supply and demand determine the market.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Demand for Bitcoin remains uncertain.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In conditions of instability of the world economy the popularity of risky assets may significantly decline. But the qualitative value of BTC is just as obvious as the value of hedge against governmental institutes, and this value gives the industry hope.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Currently there are over 10 500 BTC addresses with total BTC amounts over $1 million. And the Google tendency shows just the same growth of “bitcoin halving” researches as it was noticed a few months before the 2016 halving. But this time their number has increased even more.”][/vc_column][/vc_row]
Without rubric
Money: from barter to digital
Cryptocurrencies may seem like a natural step in the evolution of money, from metal coins to paper banknotes to digital ...
News
China aims to integrate blockchain trying to get ahead of Hong Kong in foreign trading
Chinese Government is going to turn Hainan into the free trade port having focused on promoting free trading, investments and ...
Without rubric
Average Bitcoin hash rate soars to new ATH as recent BTC pullback doesn’t affect miners
Data provided by Glassnode and CoinMetrics shows that bitcoin miners are not concerned about the current BTC pullback and have ...