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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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Time: Jan. 7, 04:00 AM (UTC)
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Details: https://www.gate.com/announcements/article/48693
As of February 12, 2025, Bitcoin (BTC) is trading at approximately $96,143, reflecting a 2.02% decrease from the previous close.
In recent developments, Bitcoin's network underwent a significant "halving" event on April 20, 2024, reducing the daily mining reward from 900 to 450 BTC. This mechanism, occurring every four years, is designed to control inflation by limiting the supply of new Bitcoins.
Additionally, the Bitcoin Layer-2 network, Stacks, initiated the Nakamoto upgrade in August 2024. This upgrade aims to decouple Stacks' block production from Bitcoin's, enhancing transaction speeds and enabling more advanced functionalities like smart contracts on the Bitcoin base layer.
These developments are part of ongoing efforts to improve Bitcoin's scalability, security, and utility within the cryptocurrency ecosystem.
#BTC #ETH #GateioInto11 #HotTopicDiscussion #Gate.io Has Officially Partnered with Oracle Red Bull Racing