Bitcoin Halving Is Here: Crypto Twitter Reacts - Decrypt
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The highly anticipated Bitcoin halving has arrived, and the Bitcoin faithful cheered the event, with many declaring a new era in Bitcoin—particularly as the new Runes protocol came online as well. Anticipation around the halving has steadily grown since the start of the new year. In January, after t
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Summary
- Bitcoin halving has finally occurred, sparking excitement and optimism among the crypto community.
- Crypto Twitter celebrated the event, with many declaring a new era in Bitcoin and expressing their enthusiasm for the future.
- Bitcoin detractors also took the opportunity to throw some criticism and skepticism towards the celebration.
- Speculators are now waiting to see if their predictions about the halving causing a price surge will come true.
- In the first hour after the halving, the price of Bitcoin remained relatively stable.
Top Highlights
- The highly anticipated Bitcoin halving has arrived, and the Bitcoin faithful cheered the event, with many declaring a new era in Bitcoin—particularly as the new Runes protocol came online as well.
- Anticipation around the halving has steadily grown since the start of the new year. In January, after the SEC approved the first set of Bitcoin ETFs, fuel was added to the fire, and investors began speculating what the fourth halving would mean for the price of the number one cryptocurrency. Heading into the halving, sentiment around Bitcoin was h...
- When Bitcoin block 840,000 finally came into existence, Crypto Twitter celebrated. Michael Saylor, founder of the single largest institutional holder of BTC, declared “840,000 Blocks of Truth.”
- “This is my 4th halving!" General Partner at Asymmetric Dan Held said on Twitter. “2012: I wasn’t even aware of it. 2016: Bitgo party with just 20 people; 2020: COVID lockdowns; 2024: Friends and family know about it, mainstream press talking about it, parties all over the world. Incredible to see Bitcoin going mainstream.”
- The occasion brought many crypto enthusiasts together in person, and sparked optimism for the future.
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