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The Bitcoin roller coaster has had more peaks and valleys than usual over the past month. The price has soared to just under $72,000 and dipped asa low as $60,617, in a whiplash-inducing series of moves. Normally, that would be written off to the inherent volatility of cryptocurrencies, but this time around there’s a more solid reason: The Halving. Sounding like the name of a pretty graphic horror film, the halving is actually an event that occurs every four years in the crypto space. And...
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Like the Summer Olympics and the presidential election, bitcoin’s “halving” comes every four years. The latest halving — a preprogrammed event that cuts the amount of available coins to be mined in half — happened Friday (April 19) evening, according to multiple published reports. As noted here late last week, the halving is built in […]
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