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Saturday, October 24, 2020
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Cryptocurrency

The biggest event in Crypto-land. The Bitcoin halving.

KEY TAKEAWAYS 1. A Bitcoin halving event is when the reward for mining Bitcoin transactions is cut in half. 2. This event also cuts in half Bitcoin's inflation rate and the rate at which new Bitcoins enter circulation. 3. Both previous halvings have correlated with intense boom and bust cycles that have ended with higher prices than prior to the event.

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