Fun

Bitcoin halving searches on Google is at its highest point ever

News Feed - 2024-04-18 10:04:32

Tom Mitchelhill7 hours agoBitcoin halving searches on Google is at its highest point everExcitement around the upcoming Bitcoin halving has seen a continued increase in searches for the term on Google.5606 Total views19 Total sharesListen to article 0:00Bitcoin HalvingOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe level of interest in the Bitcoin halving on Google has soared to its highest point of all time, with predicted data pegging it at more than double that of the last halving in 2020. 


Search interest for the term “Bitcoin halving” has already reached a score of 45, according to Google Trends data, with Google predicting it will reach an estimated score of 100 by the end of this month.


Google Trends notes that a value of 100 translates to “peak popularity” for the term.Search interest for the Bitcoin Halving’has has hit record levels. Source: Google Trends


The Bitcoin (BTC) halving refers to when the rewards paid to miners are halved. The 2024 Bitcoin halving will reduce block rewards from 6.25 BTC to 3.125 BTC.


The halving is currently slated to occur around 4:00 am UTC on April 20, according to the Cointelegraph countdown timer.


Google Trends shows that the Bitcoin halving is seeing the most interest from Nigeria, the Netherlands, Switzerland and Cyprus.Search interest in the Bitcoin halving was highest in Nigeria. Source: Google Trends


Related:Bitcoin bull Pompliano says BTC will be bigger than gold and ‘the leader in the recovery’


Record levels of interest in the halving event may not come as a surprise following Bitcoin’s banner performance over the last few months.


Bitcoin began the year at a price of $42,200 and soared 74% to reach a new all-time high of $73,600 on March 13, according to CoinMarketCap data.


Bitcoin’s price action has since cooled off and has traded consistently lower since mid-May. At the time of publication, Bitcoin is changing hands for $61,078 — down 17% from its all-time high.


Despite souring sentiment from market participants, several market commentators have pointed to the historical patterns of Bitcoin price action to suggest that Bitcoin could rally significantly in the months following the halving.


Web3 Gamer:Bitcoin Halving will pump games, Shrapnel’s ‘simple’ secret revealed# Bitcoin# Cryptocurrencies# Google# Bitcoin Price# Adoption# Halving# Bitcoin HalvingAdd reaction

News Feed

Bybit introduces Indian digital rupee CBDC payment option
Derek Andersen5 hours agoBybit introduces Indian digital rupee CBDC payment optionThe use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.449 Total views15 Total sharesLi
Tom Mitchelhill4 hours agoAustralian crypto exchanges look to new licensing regime with cautious optimismAustralian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under t
Francisco Rodrigues9 hours agoPay and dump? How businesses accepting crypto payments influence adoptionCrypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right
Crypto Pundit Says XRP To $10 Is Just The Start
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block he
Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021
Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021 Despite largely lagging behind the rest of the world on many other metrics, Africa however
Biggest Movers: ETC up 12%, as SOL Nears 1-Month High
Biggest Movers: ETC up 12%, as SOL Nears 1-Month High Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The
Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Savannah Fortis14 hours agoEU tech coalition warns of over-regulating AI before EU AI Act finalizationA group of 33 businesses and tech companies have signed a joint letter to EU regulators urging them not to over-regula
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19
AI Coins Rise 2.55%, $AIC Jumps 57%. Demand for $SUBBD’s Creator Economy Vision Grows
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ethereum Foundation email hacked to promote Lido staking phishing scam
Christopher Roark2 hours agoEthereum Foundation email hacked to promote Lido staking phishing scamA hacker broke into the Ethereum Foundation’s email server and sent scam emails to 35,794 people, recording 81 subscribe