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What You Need To Know Ahead of The Bitcoin Halving
The bitcoin halving—in which the amount of newly issued bitcoin created roughly every ten minutes is cut in half—is expected to take place on Friday or Saturday. In the past, this event has been followed by a significant rise in the price of bitcoin, but analysts are divided over whether that will occur this time around. Bitcoin (BTC) already hit all-time highs above $73,000 last month, the first time record highs have been hit ahead of a halving event, though the price has retreated in recent weeks. On Thursday morning, bitcoin was trading around $63,500, after dropping below $60,000 on Wednesday. What's Going ... (full story)