Bitcoin's latest 'halving' has arrived. Here's what you need to know
NEW YORK (AP) — The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world’s largest cryptocurrency, again. Bitcoin's latest “halving" occurred Friday night. Soon after the highly anticipated event, the price of bitcoin held steady at about $63,907. Now, all eyes are on what will happen down the road. Beyond bitcoin’s long-term price behavior, which relies heavily on other market conditions, experts to a...
Read MoreFri, 19 Apr 2024
- Bitcoin's latest 'halving' has arrived. Here's what you need to know
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