The long-awaited Bitcoin halving has arrived and Bitcoin enthusiasts cheered the event, with many proclaiming a new era for Bitcoin, especially with the new Rune Protocol also coming online.
Expectations for the halving have been steadily rising since the beginning of the year. Adding fuel to the fire after the SEC approved the first set of Bitcoin ETFs in January, investors speculated what a fourth halving would mean for the price of the No. 1 cryptocurrency. I started.
According to the analysis site, sentiment towards Bitcoin is high ahead of the halving, with 47% positive evaluations. luna crush.of The pulse of the cryptocurrency community was certainly tracked on Twitter. cryptocurrency exchange coinbase It neatly sets the stage for Bitcoin’s digital working class.
“Bitcoin’s fourth halving is just around the corner.” The company wrote on Twitter: “And we extend our appropriate thanks to those most affected. So, miners, thank you for moving the funds forward.”
When Bitcoin block 840,000 was finally born, Crypto Twitter celebrated.
Michael Saylor, founder of BTC's single largest institutional holder, declared, “840,000 Blocks of Truth.”
“This is my fourth half-life!” General Partner of Asymmetry Dan Held he said on Twitter. 2012: I wasn't even aware of it. 2016: Bitgo party with just 20 people. 2020: Coronavirus lockdown. 2024: Friends and family find out about it, mainstream media hears about it. It's incredible to see Bitcoin go mainstream.
This occasion attracted many cryptocurrency enthusiasts directly togetherand sparked optimism for the future.
Caitlin Long, founder and CEO of Custodea Bank, said, “Money has never been so scarce in human history as available to people.” “Congratulations on halving Bitcoin, hey!”
“Happy Half!!!” said Corey Klipsten, CEO of Swan Bitcoin. “Zero blocks later, welcome to Epoch 5!”
“We're very early in the game,” said financial writer Zach Voell.
The Ord.io account posted, “Congratulations on the Bitcoin halving.” “The era of runes begins!”
For some, half-life was just a short break in a never-ending cycle of work.
Not everyone was in a jubilant mood. Bitcoin's critics also poured cold water on the celebration.
“Happy halving, Bitcoiners,” tweeted Peter Schiff, a longtime Bitcoin critic. “Are you all celebrating this occasion by throwing a party tonight? I haven’t been invited anywhere. #Bitcoin #HODLers will soon experience half of their net worth. I think the name is appropriate.”
Now that the halving has arrived, speculators can see if their predictions were correct. The common prediction regarding the halving was that Bitcoin's price would eventually skyrocket. February, Founder of SkyBridge Capital anthony scaramucci He suggested that Bitcoin could exceed $200,000 after the halving.
However, it's a little too early to validate the bet. In the first hour after halving, bitcoin price remains essentially stable.
Edited by Ryan Ozawa.
