Fun

Here’s where you can catch the Bitcoin halving live

News Feed - 2024-04-20 07:04:22

Ciaran Lyons1 hour agoHere’s where you can catch the Bitcoin halving liveWith Bitcoin undergoing its fourth-ever halving on April 20, here"s where you can watch Bitcoin block number 840,000 tick over.4674 Total views32 Total sharesListen to article 0:00Bitcoin HalvingOwn this piece of crypto historyCollect this article as NFTJoin us on social networksBitcoin (BTC) is now just moments away from its fourth-ever halving event since its inception — due to happen on April 20 when Bitcoin’s block height reaches 840,000.


From crypto exchanges to influencers and popular podcasters, live streams and physical events are popping up worldwide, where Bitcoiners are set to celebrate the momentous occasion that many hope will lead to the next crypto bull run.


The event marks the moment when Bitcoin miners’ block issuance rewards are cut in half from 6.25 BTC to 3.125 BTC per block — a mechanism designed to permanently reduce Bitcoin’s inflation rate until it reaches a maximum supply of 21 billion Bitcoin.Bitcoin halving livestreams


If you’re after an event giving you a look back at the past four-year cycle with a bunch of Bitcoiners then head on over to BITC0IN’s Discord and YouTube channel, which has 68,700 subscribers.


The team will be passing around the virtual microphone to various Bitcoiners. Anyone can speak at the event, and there’ll even be games of poker running simultaneously, as per a recent statement from several “Bitcoin volunteers” on Reddit.


Crypto traders are also hosting private online parties if you’re brave enough to slide in the DMs for an invite, including professional trader Oliver Velez, who declared he is kicking off his private online Bitcoin halving with 2,000 guests just 6 blocks before the 840,000 block is mined, which is roughly an hour before the halving occurs.Source: Oliver Velez


If you can’t manage to get into that, then crypto exchange Kraken has loads of well-known Bitcoiners jumping on its Bitcoin Halving livestream, including Dave Portnoy, Jack Mallers, Dylan LeClair, Anthony Pompliano, and Pete Rizzo.


Philippines Bitcoin payments app Pouch is also hosting an online halving party event, encouraging Bitcoiners to invite their mates to be “orange-pilled.”


And, of course, Cointelegraph has its own countdown on the homepage for those who enjoy a simpler approach.


For those wanting to have the satisfaction of witnessing the 840,000th block being mined, and don’t mind constantly refreshing the page, you can visit one of the blockchain explorer websites such as BTCScan or Blockstream.


There are even a few physical halving parties scattered around the world, including one in Switzerland, hosted by the founder of Swiss crypto broker Bitcoin Suisse, and another in Brisbane, Australia, which is being sponsored by Binance.What will happen after the Bitcoin halving? 


Not a lot, at least immediately, according to analysts, 


Crypto.com’s Asia and Pacific general manager Karl Mohan explained that the event probably won"t have an instant impact on Bitcoin the same day, and investors should adopt a broader perspective, at least until toward the end of this year:“It is unlikely for it to have immediate direct impact from day one, but over the next six months we do believe this will create bullish foundations for Bitcoin; we’ve seen it in the past cycles, and we believe this cycle is going to play out the same way.”


Other analysts note that investors shouldn’t fret over short-term Bitcoin (BTC) volatility and instead focus on the bigger picture.


“I always recommend zooming out with Bitcoin’s price and investing with a long-term view.” Coin Stories host Natalie Brunell told Cointelegraph in the days leading up to the halving.


“There’s usually increased speculation around these times, which can lead to volatile price swings both before and after the halving,” she added.Bitcoin has been trading between $71,069 and $59,698 over the past 7 days. Source: CoinMarketCap


Following the last halving in May 2020, Bitcoin’s price experienced a 5% dip one month afterward, only to surge by 180% by year’s end, as per CoinMarketCap data.


Crypto leaders expect many Bitcoin holders to sell a portion of their holdings after the Bitcoin halving.


Collective Shift CEO Ben Simpson anticipates “another sell-off” after the Bitcoin halving, similar to “when the Bitcoin ETF was announced” in January this year.


Within just 11 days of the approval of spot Bitcoin ETFs, the price of Bitcoin plummeted by nearly 15%.


“It was a buy the rumor, sell the news event,” Simpson explained, forecasting that he expects “the same thing to happen here.”


Related:Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise


Mohan echoed a similar sentiment that historical data suggests the halving event tends to follow a “buy the rumor, sell the news” pattern.


“Price sensitivity in the short term is going to go through a consolidation phase, again something that we’ve seen in the past cycles. It’s a pattern and trend that is clearly available,” Mohan told Cointelegraph.


In comments to Cointelegraph, Bitget’s managing director Gracy Chen explained that the Bitcoin halving differs significantly in “several key ways” from previous halvings due to how much the market has developed since the last cycle.


“Evolving regulatory landscapes and technological advancements further differentiate this cycle. Additionally, favorable global economic conditions and the recent spot Bitcoin ETFs offer greater market sentiment,” Chen said.


Chen anticipates Bitcoin reaching a six-figure price tag, possibly as early as next year.


“Looking ahead, post-2024, Bitcoin is poised to surpass US$100,000, buoyed by enhanced regulatory frameworks, technological innovations, and favorable macroeconomic conditions,” she stated.


Magazine:China will intensify Bitcoin bull run, $1M by 2028: Bitcoin Man, X Hall of Flame# Bitcoin# Kraken# Bitcoin Price# Adoption# Volatility# Cryptocurrency Exchange# Halving# Bitcoin HalvingAdd reaction

News Feed

Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?
Este artículo también está disponible en español. The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has
How a Spoof Turned Into a Media Hype About Bitcoin Cash
How a Spoof Turned Into a Media Hype About Bitcoin CashAn anonymous Bitcoin Cash (BCH) supporter says he deliberately started a spoof which successfully baited local media to report
Bitcoin’s short-term holder realized price hits $64,000, confirming BTC rally
Nancy Lubale4 hours agoBitcoin’s short-term holder realized price hits $64,000, confirming BTC rallyThis group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in J
Brayden Lindrea3 hours agoGoogle to invest another $2B in AI firm Anthropic: ReportGoogle has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to The
$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘Arguably the Worst Night’ of His Life
$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was "Arguably the Worst Night" of His Life According to reports, roughly $2.2 million worth of Bored Ape Ya
Colombian Court Holds Hearing in the Metaverse
Colombian Court Holds Hearing in the Metaverse Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of th
Hermi De Ramos10 hours agoSaudi Arabia looks to blockchain gaming and Web3 to diversify economyThe kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.300
US and UK to Deepen Ties on Crypto Regulation, Says British Regulator
US and UK to Deepen Ties on Crypto Regulation, Says British Regulator Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will d
Top Crypto Analyst Unveils Best Altcoins For The 2025 Bull Run
Este artículo también está disponible en español. Miles Deutscher, a prominent analyst with 551,000 followers on X, disclosed his portfolio of best altcoins for the antic
Pfizer’s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin
Pfizer"s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin The recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally o
BlackRock Bitcoin ETF Options Surge: December 20 Call Signals BTC Price Target Of $180,000
Este artículo también está disponible en español. BlackRock, the world’s largest asset manager, has officially launched options trading for its Bitcoin ETF, the iShares