👨‍💻We all love statistics, especially when our theories fit comfortably with it. However, btc halving growth can hardly be called a pattern. There were only three bitcoin halvings - a sample too small to confirm the theory of halving pumps.

In all cases , the picture was distorted by the macroeconomic context . Bitcoin was in bearish cycles, and the rising stock market sent the price of crypto gold higher and higher.

🙅‍♂️BlockCharted encourages you not to base your investment decisions on a single driver. Look wider and try to take into account as many economic factors as possible.

Perhaps halving 2024 will serve as the beginning of a bull market, or maybe it will not be able to outweigh the negative news background. These two options are just as likely as the effect of the self-fulfilling prophecy, which we will tell you about in the next post.#bc_educational

😋 Halving in the blockchain is understood as reduction in the rewards of miners by half. Such a process, respectively, doubles the difficulty of mining coins. Such measures are necessary to regulate emissions.

Btc program code contains a strictly limited number of tokens, which is equal to 21,000,000. Every 210,000 blocks mined halving occurs and the reward for adding a new block is reduced. According to statistics, the extraction of one block occurs on average in 6 hours. Accordingly, halving should occur at 4 years intervals.Such a solution makes possible to eliminate the problems that fiat currencies face. For example, unlimited emission, which always leads to inflation. Limitation of the emission and its strict regulation in automatic mode is one of the main fundamental features of cryptocurrencies.

#bc_educational

🤔BTC halving pump - coincidence or pattern?

#bc_infographics

😳 Another bitcoin whale has awakened from a long-term sleep: the 1MchKS wallet has moved 1037.42 BTC to a new bc1qtl address.

The owner bought his coins on April 11, 2011 by $4.92 per BTC. To date, their cost is about $37.8 million. These bitcoins belong to the "ancient stock" — that's what analysts call tokens purchased at least 7 years ago.

Recently, the activity of whales has increased several times. Large wallets often simply move BTCs to other addresses and continue to hodl.#bc_news

⚡️ Judge Analisa Torres ruled last week that XRP tokens that are traded on exchanges are not related to security papers. However, cryptocurrency is considered as security only when it was sold to entity.

📌 This ruling is a very important step for the entire crypto community. It is obvious that Binance and Coinbase will use the materials of this case for their successful defense against the regulator.Analisa Torres referred the Ripple case to a Justice of the Peace for further consideration.

#bc_news

❓What happened with Alice?

My Neighbor Alice (ALICE) is one of the most high–profile NFT games that managed to die before its release. Let's figure out why this happened:

🚫 Revaluation. In just one minute after listing on Binance, ALICE's price jumped from $0.01 to $60. Token has become a clearly overvalued asset for investors and has not been able to get out of the correction.

🚫 Team. DEVs constantly postponed the release of the product, forcing more and more people to doubt their honesty.

🚫 Expectations. My Neighbor Alice got to the largest cryptocurrency exchange, appeared on Steam and flashed in the news headlines very often. The inflated expectations of investors were not met, and people began to fix losses, sending price lower and lower.

🚫 Death of the NFT market, which we talked about earlier.

Most likely, Alice was originally a scam project that achieved a crazy growth of 60,000%. That pump allowed DEVs to sell their own very profitably and stop further product support.

#bc_educational

🚀 Linea enters mainnet!The project has been tested and goes to release next week. The developers promise 15 times cheaper transactions compared to eth.

It does this by leveraging quantum-resistant lattice-based cryptography to create zero-knowledge proofs that include every transaction performed on the network, and rolling them up to Mainnet. As devs said:

"Linea ice network that scales the experience of Ethereum. Its out-of-the-box compatibility with the Ethereum Virtual Machine enables the deployment of already-existing applications, as well as the creation of new ones that would be too costly on Mainnet."

Linea is a ConsenSys project that has raised $725M of investment. The team stated that it does not plan to issue a token or reward early users for their activity on the network. But it's worth remembering that the same statements were made by the Arbitrum and Optimism teams, and later they distributed very large drops🤔.

#bc_news

🧐Why do investors need Bitcoin Cash and why did BCH give three x's in a week?BCH was pumped by news of the launch of the crypto exchange for institutional investors EDX Markets and grew almost three times.

Bitcoin Cash cryptocurrency appeared in 2017 as a modified copy (fork) of Bitcoin with an increased size of transaction blocks. This approach made it possible to make payments in BCH faster and cheaper compared to the "original" bitcoin, but did not solve a number of other technical problems.

Developers practically did not support their project, and the fundamental Bitcoin Cash quickly faded into the background. Last months the coin has been 99% below from ATH.With the recent pump, the effect of a low base worked - one positive factor was enough for the price to soar, and short players were liquidated. In fact, the price increase occurred precisely due to a cascade of liquidations.