Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Monday 22 April 2024 6:37 am  |  Updated:  Friday 19 April 2024 1:42 pm

Fourth Bitcoin halving is a moment For celebration

By: Coinrule

Add as a preferred source on Google
By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half  every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference - the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.
By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half  every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference - the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.

Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets.

By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half  every 210,000 blocks, roughly every 4 years. This increases Bitcoin’s scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference – the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.

By the time you read this, Bitcoin will have completed its 4th Halving. The issuance rate of Bitcoin is designed to drop by half  every 210,000 blocks, roughly every 4 years. This increases Bitcoin's scarcity and makes it harder to mine. However, no developers press a deploy button, and there is no big announcement at a tech conference - the code just executes. The last Halving will occur around the year 2140 when the last of 21 million Bitcoin is mined.

Bitcoin enters this Halving as a trillion dollar asset. It is on the balance sheet of listed companies like Reddit and Tesla. The largest asset manager in the world, BlackRock, has launched an ETF for it. The state of El Salvador is accumulating. These are incredible achievements for a digital currency launched by an anonymous creator, it is much more of a movement than it is a tech company.

Traditionalists from the financial world might still think of it as a pointless scam, but clearly the market continues to see value in a credibly neutral and permission-less financial layer. More innovation is also slowly coming to Bitcoin. The Runes network, launched at the time of the Halving, enables the creation of tokens on top of Bitcoin. The endgame for blockchains will be the applications built on them. At the Halving, we are not only celebrating Bitcoin’s continuous existence, but also the innovation it will continue to enable.

Read more

Bitcoin Suisse Receives MiCAR License and Launches European Expansion

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Blockbeat
  • News

Categories

  • Blockbeat

Related Topics

  • cryptocurrency

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Lloyd’s deputy chair: The City is a club in the best sense

  • A meeting with the breakfast king of Mayfair

More from City PM

  • Bitcoin Suisse Receives MiCAR License and Launches European Expansion

    Business Wire
  • DFNS Rebrands as the Core Banking Platform for Digital Assets

    Business Wire
  • Perpetuals Reports $4.5 Billion in UpsideOnly Volume and Signs Exchange Agreement With Datavault AI for Tokenized Commodities

    Business Wire
  • The world runs on English law – let’s make the most of it

    Opinion
    The SRA has criticised law firms that handle high-volume consumer claims for poor practices
  • STARTEEPO Invest Increases Stake in Xerox to More Than 6% Ahead of Q2 2026 Earnings

    Business Wire
  • Carbon markets must industrialise or the net zero transition stalls

    Partner
    Close-up of a sapling at Aranya Reforestation site in India, showcasing efforts in sustainable forestry and ecological res...
  • Wise triggers staff backlash after cutting paid paternity leave

    Fintech
    Wise said it expected to report a double-digit jump in income ahead of its capital markets day
  • Partners Group suffers surge in withdrawal requests and braces to cap more funds

    Investing
    Private Credit

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy