Cryptocurrencies Events and Conferences Around the World

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If you're interested in staying up-to-date on the latest developments in the world of cryptocurrencies, attending events and conferences is a great way to do so. The annual Blockchain Week in New York City is a must-attend for anyone looking to network with industry professionals and learn about the latest trends and innovations.

The Blockchain Week event features a series of conferences, workshops, and meetups that bring together experts from around the world to share their knowledge and experience. Attendees can expect to learn about the latest advancements in blockchain technology, hear from industry leaders, and connect with like-minded professionals.

Some of the most popular events include the Blockchain Week conference, which features keynote speakers and panel discussions, and the Blockchain Hackathon, where participants can showcase their skills and compete for prizes.

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What is Halving?

Halving is an event that happens about every four years, reducing the block reward by 50%. This lowers the supply of bitcoins entering the market.

Credit: youtube.com, What is Bitcoin Halving? Explained by CoinGecko

The block reward is part of the blockchain's automatic process of validating transactions and opening new blocks, and it's given to miners who compete to solve a cryptographic puzzle.

Miners receive new bitcoins if they're the first to solve the puzzle, and their block is added to the blockchain. This process starts another race among miners, who confirm the data in the newly added block while trying to solve the puzzle for their own new blocks.

Halving acts to simulate diminishing returns while increasing scarcity, which is intended to raise demand. The amount of tokens rewarded is cut in half, making it a key factor in the Bitcoin market.

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Bitcoin Halving Dates and Schedule

The Bitcoin halving schedule is a crucial aspect of the cryptocurrency's growth and scarcity. The next halving is expected to occur in 2028, when the block reward will fall to 1.625 BTC.

Halvings have occurred or will occur on the following dates:

  • Nov. 28, 2012, to 25 bitcoins
  • July 9, 2016, to 12.5 bitcoins
  • May 11, 2020, to 6.25 bitcoins
  • April 19, 2024, to 3.125 bitcoins
  • Mid-2028, to 1.5625 bitcoins

There are 29 halvings left in the schedule, assuming one halving every four years. This means there are still plenty of block rewards to be released before the last satoshi is awarded in mid-2140.

Investing and Mining

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Investing in Bitcoin wasn't its original intention. It was designed as a payment method to remove regulatory agencies and third parties from transactions.

However, investors took notice of the potential for gains, and the cryptocurrency's designers may not have anticipated the demand that followed. For investors, a halving represents a reduction in the new coin supply, but it also offers the promise of an increase in investment value.

Speculation is involved when investors hope for gains from a halving event. This is because the effects of a halving on investment value are not guaranteed, making it a speculative endeavor.

Miners, on the other hand, focus on mining for its profitability. Even with price fluctuations, mining remained a lucrative endeavor for large mining businesses.

A halving cuts mining rewards, making the endeavor less profitable if prices remain the same or drop. Large-scale mining facilities require enormous amounts of money and energy to maintain and upgrade their equipment and capacity.

Smaller miners may experience lower chances due to the decrease in rewards, even if prices increase.

Mining

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Mining is a lucrative endeavor, but it requires enormous amounts of money and energy to remain competitive.

Large-scale mining facilities need constant maintenance, upgrades, and a significant workforce to keep them running smoothly.

Marathon Digital Holdings, one of the world's largest mining firms, increased its Bitcoin holdings to 16,930 and its fleet of Bitcoin miners to 231,000 in February 2024.

A halving cuts mining rewards in half, making it less profitable for miners if prices remain the same or drop.

Smaller miners, even those part of a mining pool, will likely experience smaller rewards due to the halving.

The reward is being cut in half, but Bitcoin's price is not likely to double unless there is a drastic market event.

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Should Invest During Halving?

Investing in Bitcoin during a halving is a complex decision that depends on market conditions, your outlook, and risk tolerance level.

Historically, prices have generally trended upward after a halving, but this is no guarantee for the future.

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Credit: youtube.com, Bitcoin halving explained plus, what it means for crypto investors and miners

The latest halving was unique in that Spot Bitcoin ETFs were approved by the SEC only a few months before the event, attracting investors and speculators.

Prices dropped one month after the halving, and the market shifted again, making it difficult to predict what will happen next.

The only thing you can do is make a wild guess as to what the market will do, at least for the foreseeable future.

A halving reduces the block reward by 50%, lowering the supply of bitcoins entering the market and increasing scarcity.

This can act to raise the price of Bitcoin if market conditions remain the same, but there's no guarantee of this outcome.

Cryptocurrency Market and Growth

The cryptocurrency market is heavily influenced by macroeconomic factors, news, and financial trends. These factors can significantly impact the price of a cryptocurrency.

To predict the growth of a cryptocurrency, you need to constantly monitor its key metrics and project development. Monitoring these factors can help you stay ahead of the market.

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General market trends also play a crucial role in cryptocurrency growth. A bullish trend in a particular market segment can lead to an increase in cryptocurrency prices.

The alt season is a time of rapid growth for altcoins, during which many cryptocurrencies experience a significant price increase. This period is characterized by a high probability of price growth.

Cryptocurrency Events and Conferences

The Indonesia Bitcoin Conference is back for another edition, featuring a bazaar and speakers like Samson Mow.

TABConf is a technical conference on bitcoin topics, with submission issues accepted on GitHub and plenty of workshops and a hackathon. Dates for TABConf are October 23 to October 26.

The Bitcoin Africa Conference is organized by a collective spanning the continent and features speakers like Obi Nwosu, the founder of Fedi, in Nairobi, Kenya.

What Is Halving?

A halving is an event that occurs about every four years in the Bitcoin network, where the block reward is cut in half. This means that the number of new Bitcoins released into circulation is reduced, making the cryptocurrency more scarce.

Credit: youtube.com, Bitcoin Halving Explained: Why It Is So Important? | Cryptela

The block reward is a crucial part of the blockchain's automatic process of validating transactions and opening new blocks, called mining. Miners compete to solve a cryptographic puzzle, and the first one to solve it gets to add a new block to the blockchain and receives a reward of new Bitcoins.

The first Bitcoin block reward was 50 Bitcoins, but after the first halving, it was reduced to 25 Bitcoins. Since then, there have been three more halvings, with the reward being cut in half each time. The next halving is expected to occur in 2028, when the block reward will fall to 1.625 Bitcoins.

Here are the dates of the previous halvings:

  • Nov. 28, 2012, to 25 Bitcoins
  • July 9, 2016, to 12.5 Bitcoins
  • May 11, 2020, to 6.25 Bitcoins
  • April 19, 2024, to 3.125 Bitcoins
  • Mid-2028, to 1.5625 Bitcoins

The halving event has significant implications for the Bitcoin network, including the potential for consolidation among miners and the impact on the cryptocurrency's price. However, the trends historically move slowly, over months and years until the next halving, and there is no guarantee that Bitcoin will follow the same trajectory.

BTC Prague

Credit: youtube.com, Meet the TOP Speakers at Blockchain & Bitcoin Conference Prague

The BTC Prague event is a must-attend for anyone interested in cryptocurrency. It's the largest bitcoin event in Europe, taking place in Prague, a city known for its bitcoin-friendly environment.

Prague is home to over 250 merchants who accept bitcoin payments, making it an ideal location for a bitcoin-focused event.

BTC Prague will feature keynote speakers Micheal Saylor and Adam Back, who are sure to share valuable insights and expertise.

Amsterdam

Amsterdam is a hub for cryptocurrency enthusiasts, hosting the Bitcoin Amsterdam event, which is part of the Bitcoin event series brought by BTC Inc. for the second time.

Last year, the event featured a notable speaker, Edward Snowden, who drew a crowd with his insights on the cryptocurrency space.

The event is powered by Bitcoin Magazine in collaboration with Amsterdam Decentralized, indicating a strong connection between the local community and the world of cryptocurrency.

New Coin Release Dates

To find out when a new coin is released, keep an eye on announcements from its creators and the exchanges where it will be traded. Famous or large projects often get picked up by news media or social network users.

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The Incrypted cryptocurrency calendar is a great resource for staying on top of new coin releases. You can search for events manually or track the last added events.

Exchanges publish lists of new tokens in advance, so be sure to check those out. If you're looking for data on all coins, you'll need to use additional sources of information.

Frequently Asked Questions

Which crypto is booming right now?

Several promising cryptocurrencies, including Ethereum, Solana, Cardano, Avalanche, Polkadot, and Polygon, are currently showing significant growth. These projects offer innovative solutions and are worth considering for investors in 2024

What made crypto spike today?

Crypto spiked today due to spot ETF inflows and the possibility of a US Bitcoin reserve, boosting investor confidence and market momentum. This positive catalyst has driven the total crypto market capitalization to $3.71 trillion.

Teri Little

Writer

Teri Little is a seasoned writer with a passion for delivering insightful and engaging content to readers worldwide. With a keen eye for detail and a knack for storytelling, Teri has established herself as a trusted voice in the realm of financial markets news. Her articles have been featured in various publications, offering readers a unique perspective on market trends, economic analysis, and industry insights.

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