Bitcoin has not only crawled back above the $9,000... Want Us To Review Your Crypto Business?

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The digital currency has gained more than 20% since the start of this year, touching $10,000 last week.

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Halving events play a significant role in a well-known Bitcoin Stock-to-Flow valuation model by PlanB. Halving was written into the cryptocurrency's code by its creator, who is known as Satoshi Nakamoto, to control inflation. That came after a report that hedge fund manager Paul Tudor Jones has backed the cryptocurrency as a safeguard against inflation. VideoBiden or Trump?

As a part of Bitcoin’s security mechanism, Bitcoin miners are rewarded with new bitcoin whenever a new block is produced approximately every 10 minutes. It looks like interest in bitcoin may be on the lower end of the spectrum, which is likely giving the world’s number one digital currency by market cap an opportunity... Cryptocurrency appears to be garnering more and more attention as the coronavirus spreads. Video, Biden or Trump? Halving events play a significant role in a well-known Bitcoin Stock-to-Flow valuation model by PlanB. Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates, Bitcoin Approaches Halving With Bitcoiners Still Divided Over Its Effects. .css-po6dm6-ItalicText{font-style:italic;}Correction 8th June 2020: An earlier version of this article incorrectly stated that rewards to miners will reach zero in around two decades' time. Every 210,000 blocks or roughly every 4 years, the block reward halves and will continue to do so until the block reward finally becomes zero, which is estimated to happen by the year 2140. The first took place in November, 2012, and the second in July 2016. Bitcoin prices have surged in the past few weeks in anticipation of the latest halving, which took place on Monday. However some investors have highlighted that halving could make the cryptocurrency less attractive to miners. Bitcoin News Bitcoin Could Surge Past $300K If It Mimics Its Past Behavior Could bitcoin potentially reach a price of $340,000?

Miners will probably switch to more profitable cryptocurrencies," Stephen Innes from AXI Corp told the BBC. Monday's halving event means that the reward for unlocking a "block" has been cut from 12.5 new coins to 6.25. Investors are debating what impact the adjustment will have on the cryptocurrency market. VideoThe Covid doctor whose dance video went viral, Disney's real-life Snow White dies at 101, .css-orcmk8-HeadlineContainer{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:justify;-webkit-justify-content:space-between;-ms-flex-pack:justify;justify-content:space-between;}US election 2020: Kristen Welker was 'clear winner' on social media.css-1dedj2h-Rank{-webkit-align-self:center;-ms-flex-item-align:center;align-self:center;color:#B80000;margin-left:3.125rem;}1, Coronavirus: North Korea warnings over 'yellow dust coming from China'2, Presidential debate: Trump and Biden row over Covid, climate and racism3, US election 2020: Trump and Biden final debate fact-checked4, Covid: US gives full approval for antiviral remdesivir drug5, Presidential debate: Key takeaways from the Trump-Biden showdown6, US election 2020 polls: Who is ahead - Trump or Biden?7, Epstein: Ghislaine Maxwell denies witnessing 'inappropriate' activities8, Australia child abuse: Police arrest 44 suspects and rescue 16 children9, The apps promising to improve your sex life10. What Will Be The Effect Of The 2020 Bitcoin Halving? .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Bitcoin: Should cryptocurrency owners make a will?