Bittime - After the epic block sale of the fourth halving worth $2.13 million, Bitcoin (BTC) has recorded a new trend that is attracting market attention. It cost $2.1 million.
About five days after one of its partners, Bitcoin mining pool viaBTC, mined it at block 840,000 on April 20, the smallest satoshi sale of this Bitcoin occurred on crypto exchange CoinEx Global on April 25.
What happens during the Bitcoin Halving? How will the price of BTC develop in the future? With click on this link, you will find the answer.
Halving Bitcoin
Source: Ord.io
The auction began on April 22 and resulted in 34 bids. An unknown buyer ended up winning an epic satoshi worth "1,968,750,000,000,000". Another nearby auction participant placed a bid of 20 Bitcoins in exchange for rare satoshis.
On April 25, Quoting from Cointelegraph, CoinEx announced that the auction was successful and "the FIRST AND ONLY epic satoshi sold for 33.3 $BTC (≈$2,134,000)."
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What is Epic Satoshi?
Epic satoshis are the first satoshis mined in Bitcoin's new halving block as there have been four halvings.The Ordinals number system, which is based on mining timestamps, assigns each Satoshi a unique number.
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Special Concepts in the Bitcoin Ecosystem
Although each Bitcoin has one hundred million satoshis, some satoshis have special meaning in the Bitcoin ecosystem.
Satoshis have an inherently higher collectible value because they have unique identification. The natural catch-up arises as a result of various events occurring within the Bitcoin network.
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Results of the fourth Halving
On April 20, viaBTC mined the fourth halving block, block 840,000. They received a new block reward of 3,125 Bitcoins in addition to 37.6 Bitcoins in reward fees, which at the time was worth $2.4 million.
Conclusion
This new trend shows the increasing interest in Bitcoin collectionists and shows the possible value of Bitcoin in the long term. While extraordinary prices, such as $2.1 million per satoshi, attract attention, the possibility of Bitcoin being used as an investment asset and collateral for value is also strengthened.
How To Buy Bitcoin (BTC) With Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with BTC IDR pairing.
To be able to buy BTC tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Too:
Mining Bitcoin vs Validating Bitcoin Transactions
Bitcoin Last 30 Days: Bitcoin Halving Impact
What is Bitcoin Unlimited (BTCU)? Bitcoin Derivatives Project
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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