Every four years there is an event that conditions the entire Bitcoin ecosystem. It is a crucial moment for miners, as the number of bitcoins mined is reduced by half. It is known as the 'Bitcoin halving' and is an event intrinsic to the cryptocurrency itself that has already occurred in 2012, 2016 and 2020. The next one will be in 2024. And there is a lot of uncertainty about what will happen from that moment on. Splitting the benefits of mining. The 'halving', as its name suggests, divides by two the amount of bitcoins that are mined by validating transactions. The next event is scheduled for April 2024 and, as Fortune describes, miners will see their profits greatly reduced. If currently for each block about 6.25 BTC are obtained, which is equivalent to about 172,600 euros, they will now get 3.125 BTC per block, about 86,300 euros. This is with the current change. It is true that the 'halving' has traditionally meant significant increases in the value of Bitcoin itself, but it is still a drastic decrease in profits for miners.#Bitcoin #halving
#XRPETF 🚀 The XRP ETF is advancing! Hashdex's XRPH11, the first spot ETF for XRP, is now trading in Brazil, with 95% backed by real XRP. In the U.S., the SEC approved the ProShares Trust ETF (not spot), while 9 spot applications are under review. Will XRP rise with this adoption? 📈 #XRPETF #Criptomonedas
#SaylorBTCPurchase 📉 The crypto market faces turbulence: $270M liquidated in 24h and Bitcoin dominates with 63% of the market cap, its highest since 2021. Meanwhile, XRP rises with the Hashdex ETF ($XRPH11) in Brazil and the Fed lifts restrictions on banks for crypto assets, opening doors to more adoption. 🚀 Sign of recovery or more volatility? #Criptomonedas #Bitcoin #xrpetf
📉 The crypto market faces turbulence: $270M liquidated in 24h and Bitcoin dominates with 63% of the market cap, its highest since 2021. Meanwhile, XRP rises with the Hashdex ETF ($XRPH11) in Brazil and the Fed lifts restrictions on banks for crypto assets, opening doors to more adoption. 🚀 A signal of recovery or more volatility? #Cryptocurrencies $XRP #Bitcoin $SOL $BTC
📉 The crypto market faces turbulence: $270M liquidated in 24h and Bitcoin dominates with 63% of the market cap, its highest since 2021. Meanwhile, XRP rises with the Hashdex ETF ($XRPH11) in Brazil and the Fed removes restrictions on banks for crypto assets, opening doors to more adoption. 🚀 Sign of recovery or more volatility? #Cryptocurrencies #XRP #Bitcoin
#XRPETF 🚀 Historic for XRP! The Hashdex spot ETF for XRP ($XRPH11) debuted in Brazil, marking a milestone in the adoption of cryptocurrencies. While the U.S. awaits the approval of proposals from WisdomTree and Bitwise, this step could boost the liquidity and price of XRP. 🌎 Are we witnessing the beginning of a new era for Ripple? Investors are keeping an eye on how this ETF will influence the market. 📈 Do you think XRP will reach new highs? Share your opinions! #XRP #XRPETF #Cryptocurrencies #Ripple
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What will happen after the bitcoin halving? The last few times, Bitcoin skyrocketed. It is pure speculation, but the confidence is that the 'halving' will help boost the price of the cryptocurrency. Before the 2012 halving, the all-time high had been $30. Four months later, it had already exceeded $270.
Something similar happened in 2016, when it grew by 290%. And even more so in 2020, when Bitcoin soared by 560%. This increase that has been repeated to date is the hope of the miners so that their activity continues to compensate.
The next halving is in 2024 and its price is expected to more than double its last ATH. #Bitcoin #Criptomonedas
WHY IS IT BELIEVED THAT IN 2024 THERE WILL BE A BULL RUN WITH CRYPTOCURRENCIES? Part 2/2
Changes in regulations As cryptocurrencies become more popular, governments are likely to implement regulations to protect consumers and prevent money laundering. While some regulations may be negative for cryptocurrencies, others could make cryptocurrencies more accessible and secure for investors. This could lead to an increase in demand and price of cryptocurrencies. In recent years, we have seen a rise in institutional interest in cryptocurrencies. Large investment firms, such as Fidelity and BlackRock, are beginning to invest in cryptocurrencies and offer cryptocurrency-related products to their clients. As more institutions begin to invest in cryptocurrencies thanks to legal conditions, their prices may increase. In summary, there are several reasons why it is believed that in 2024 there will be a "bull run" in the cryptocurrency market. Mass adoption of cryptocurrencies, reduced supply of Bitcoin, changes in regulations, and increased institutional interest are just some of the reasons why cryptocurrency prices could rise. However, as with any investment, there is always a risk that prices will decline rather than rise. Therefore, it is important to research carefully before investing in cryptocurrencies and not invest more than you can afford to lose. #Bitcoin #Criptomonedas
WHY IS IT BELIEVED THAT IN 2024 THERE WILL BE A BULL RUN WITH CRYPTOCURRENCIES? Part1/2
Since their appearance, cryptocurrencies have continued to rise in popularity. Many people have invested in them in the hope of long-term profits. Although there are many theories about the future of these crypto-assets, one of the most accepted is the hope that the crypto sector will enjoy a bull run in 2024. What is a "bull run"? It is a term used to describe a period of time in which the prices of financial assets rise significantly, a "crypto bull run" refers to a period in which the prices of cryptocurrencies increase dramatically, especially the price of cryptocurrencies. bitcoin dollar.
So why is it believed that in 2024 there will be a "bull run"? There are many reasons. Mass Adoption More and more people are adopting cryptocurrencies. Large companies, such as Tesla and PayPal, are starting to accept Bitcoin and other cryptocurrencies as a form of payment. Additionally, many countries are considering creating their own government-backed cryptocurrencies. As more people and businesses adopt cryptocurrencies, cryptocurrency prices are likely to increase. The reduction in the supply of Bitcoin is another encouraging reason that increases the desire for mass adoption. In 2020, there was a halving in the amount of Bitcoin that can be mined and that caused the price of Bitcoin to rise radically. In 2024 it will be even more difficult to mine new coins. As a result, demand for Bitcoin is likely to increase substantially, which could lead to a considerable increase in Bitcoin price and holdings. #Bitcoin #Criptomonedas
Why is Bitcoin going to revolutionize markets in the world?
Bitcoin has the potential to revolutionize markets for several reasons:1. Decentralization: Bitcoin operates on a decentralized network based on blockchain technology. This means that it is not controlled by any central entity, such as a government or central bank. Decentralization eliminates the need for intermediaries and gives users greater control over their own financial assets.2. Fast and global transfers: Bitcoin enables fast and secure transfers of value globally. Transactions on the Bitcoin network are processed in a matter of minutes, regardless of the geographic location of the participants. This makes it easy to send money from one country to another without the need to go through multiple intermediaries and without the delays and costs associated with traditional payment systems.
What is XRP? Ripple is a cryptocurrency and digital payments platform that was created in 2012. It was launched by Ripple Labs Inc., a financial technology company based in San Francisco, California.
The concept behind Ripple is based on the idea of enabling fast and secure payments globally. Unlike other cryptocurrencies like Bitcoin, Ripple does not use traditional blockchain technology. Instead, it employs a distributed ledger system called Ripple Consensus Ledger (RCL) or XRP Ledger.
The cryptocurrency associated with the Ripple platform is called XRP. It was created at the same time as the platform and is used as a liquidity bridge to facilitate money transfers between different fiat currencies on the Ripple network.
It is important to note that the name "Ripple" is sometimes used interchangeably to refer to both the payments platform and the XRP cryptocurrency. However, Ripple Labs Inc. is the entity responsible for the development and promotion of the underlying technology.
Since its launch, Ripple has gained recognition in the financial industry and has established partnerships with numerous banks and payment service providers around the world. Its objective is to improve the efficiency of international transactions and reduce the costs associated with such payments. #ripple # #Bitcoin