Halving Intermediate
The Bitcoin halving is a scheduled event, about every four years, that cuts the reward miners earn per block in half.
By slowing the pace of new supply, it reinforces Bitcoin’s 21-million cap. Halvings draw a lot of attention because they reduce fresh supply, though their effect on price is debated and never a sure thing.
This definition is educational and not financial advice. Crypto is volatile and high-risk — always do your own research.
Related terms
Intermediate
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Gas
Gas is the fee you pay to get a transaction processed on Ethereum, priced in a tiny unit of ether called gwei.
IntermediateLiquidity
Liquidity describes how easily you can buy or sell an asset without shifting its price much.
BeginnerMarket Capitalisation
Market cap is a coin’s price multiplied by how many coins are in circulation — a rough measure of its overall size.