Just few days ago Bitcoin underwent a successful halving of its total global supply, in effect reducing the rewards earned by miners from 6.25 to 3.125 bitcoins. This bitcoin halving has been received after much anticipation, with mixed feelings across the cryptocurrency market, it's sparked a mix of excitement and trepidation among investors, miners, and enthusiasts alike. The halving, which took place on April 12, 2024, marks a significant milestone in the life cycle of the world's largest cryptocurrency by market capitalization.