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Bitcoin Halving: Will it Trigger a Market Frenzy?
Before I delve into Bitcoin halving and what it could mean for investors and traders, let’s take a brief look at how Bitcoin, a cryptocurrency, works: • Bitcoin is a digital currency which can be used for online transactions. • Bitcoin operates independently of a central bank, unlike fiat currencies such as the US dollar, which is backed by the US government. • New units of Bitcoin currency are mined (generated) by computers which solve complex mathematical problems. • Bitcoin has a finite supply of coins (21 million). What is Bitcoin Halving? Bitcoin halving is a technical event, written in Bitcoin code, ... (full story)