Medieval Empires is an elaborate, multi-player online strategy game set in what is now modern-day Turkey during the late 13th century. The storyline of the game initially focuses on Ertuğrul Gazi, a tribal warrior and a celebrated leader of the Kayi tribe.&nbsp;The game is set in a passive PvE area and starts with players building towns while trading, fighting, and forging alliances. Continuous battles will help expand the world map into an ever-evolving game universe. Goals for players include daily missions, general tasks, and story missions, with progression based on the successful completion of these tasks and missions.Medieval Empires is being built on the Polygon blockchain, which provides several great features, including player reach, developer ecosystem, low gas fees, security, and speed. In addition to that, it is also eco-friendly in comparison to other blockchains. The game will be available on PC (Windows), MAC (OSX), and Mobile (iOS and Android), with all platforms being fully interoperable.&nbsp;

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Medieval Empires-Ertugrul is a mid-core multiplayer online blockchain Play&amp;Own strategy game featuring internationally acclaimed actor Engin Altan Düzyatan as Ertuğrul Gazi; aiming to provide a state-of-the-art open to all Web 3.0 experience to fans and gamers as well as blockchain and crypto enthusiasts.Medieval Empires is being built on the Polygon blockchain, which provides several great features, including player reach, developer ecosystem, low gas fees, security, and speed. In addition to that, it is also eco-friendly in comparison to other blockchains. The game will be available on PC (Windows), MAC (OSX), and Mobile (iOS and Android), with all platforms being fully interoperable.IEO will be on Bybit Launchpad. Details:Snapshot Period1. The daily average wallet balance of the committed token (BIT or USDT) during the snapshot period must be equal to or greater than a minimum threshold amount.2. During the snapshot period, the balance of BIT or USDT in your Spot Account, Earn Account, Funding Account and Derivatives Account (USDT in your Unified Margin Account or BIT in your Inverse Derivatives Account) will be counted.• For the Earn Account, your balance of BIT or USDT, and BIT or USDT staked in the Launchpool and Flexible Savings will be automatically counted in the snapshot of your Earn Account. BIT or USDT staked in other products on the Bybit Earn (e.g. Dual Asset Investment) will not be included.• For the Derivatives Account (or Unified Margin Account), the wallet balance will be counted. The wallet balance may be affected by realized P&amp;L during the snapshot period.3. Your wallet balance snapshot of the current day will be updated at 3AM UTC on the next day. Due to the high volume of asset calculation, there might be a delay in updating your daily average balance.2022-12-14 00:00 - 2022-12-18 23:59（UTC）Subscription Period1. You must complete the KYC L1 requirement or business verification to be eligible for the event. Users from restricted countries are not allowed to participate.2. Subaccounts are not eligible for the event. The amount under the Subaccounts will be counted towards the Main Account.3. You can choose between the two events and click on the 'Commit Now' button to participate in the one of your choosing during the subscription period.4. The tokens you've committed will be locked and cannot be accessed for transfers, withdrawals or trading until after the final distribution of the MEE.5. The balance of BIT or USDT in your Spot Account, Earn Account, Funding Account and Derivatives Account (USDT in your Unified Margin Account or BIT in your Inverse Derivatives Account) will be counted during the snapshot period. Please note that only your balance of BIT or USDT, and BIT or USDT deposited in the Launchpool and Flexible Savings will be automatically counted in the snapshot of your Earn Account. BIT or USDT deposited in other products on the Bybit Earn (e.g. Dual Asset Investment) will not be included. The Trading Vouchers in your Spot Account won't be counted.6. During the subscription period, if you’ve staked BIT or USDT in the Launchpool and Flexible Savings, please withdraw first by heading to 'Earn Order' under 'Orders &amp; Trades' and manually transfer it to the Spot Account. If you hold BIT or USDT under the Earn Account or Derivatives Account (or Unified Margin Account and Inverse Derivatives Account), please manually transfer it to the Spot Account.7. You can subscribe to an allocation or a lottery ticket with your wallet balance. The Trading Vouchers in your Spot Account cannot be used for a Launchpad event.2022-12-19 03:30 - 2022-12-19 10:59（UTCDistribution Period1.For users participating in the token subscription event: Your final allocation of MEE = (the amount of token you've committed / total amount of token committed by all participants) * total amount of MEE allocated to Launchpad.Please note that the max. amount of MEE you can receive is capped at 30000, and the amount that exceeds the limit will be allocated to participants who haven't reached this hard cap yet. Based on the final MEE allocation result, the corresponding amount of committed token will be deducted from your committed amount, while the MEE allocated to you and the remaining amount of committed token will be credited back to your Spot Account.2. For users participating in the lottery draw: Winners will each receive 900 MEE, and the remaining amount of the committed token, if any, will be credited back to their Spot Account. Non-winning participants will get the full amount of the committed token back.2022-12-19 11:00 - 2022-12-19 11:59（UTC）Launch PeriodThe new token is expected to get listed on Bybit's Spot trading platform at 2022-12-19 12:00 UTC, if liquidity conditions are met.

Medieval Empires

Medieval Empires-Ertugrul is a mid-core multiplayer online blockchain Play&Own strategy game.

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Bitcoin halvings often boost adoption and awareness as they generate significant media attention and discussions within the cryptocurrency community. The anticipation of reduced supply issuance can attract new users, investors, and businesses to the Bitcoin ecosystem, contributing to its growth and recognition in the wider financial world.

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Bitcoin block rewards are the payments miners receive for validating transactions and creating new blocks. They consist of newly generated bitcoins and transaction fees.

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Understanding Bitcoin dominance is critical for navigating the dynamic landscape of the cryptocurrency market. As the leading cryptocurrency, Bitcoin often sets the tone for market sentiment and trends. Tracking Bitcoin dominance provides valuable insights into market dynamics, helping investors identify potential opportunities and assess the overall health of the market.

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

What Is Bitcoin Halving?

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Bitcoins are created through a process called mining, where miners compete to solve complex mathematical puzzles by expending computational power. The first miner to solve the puzzle for a block of transactions is rewarded with newly created bitcoins, and this process is how bitcoins are emitted into circulation.

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Fear and Greed Index calculation uses important market metrics to build an unbiased summary of the current sentiment in the market. By analyzing Fear & Greed Index, you will be able to determine the current state of the market, its change over a certain period, and make strategic decisions.

Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<ul><li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li></ul>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.{br}{br}The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

What Is Fear & Greed Index?

We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

We analyze Google Trends data for various Bitcoin-related search queries, focusing on changes in search volumes and identifying other currently popular searches.

The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

How Is the Crypto Fear and Greed Index Calculated?

Latest Bitcoin Halving News

There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

How Many Bitcoin Halvings Have Happened Previously?

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

How Does Bitcoin Halving Work?

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

The Next Date of Bitcoin Halving

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Bitcoin Price Dependency On Halving

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

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Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

The score is provided by the {link} and is based on the level of attention this account has received from smart followers.

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What do you think about future halving?

CryptoRank watchlist supports {coins} cryptocurrencies.{linebreak}Track your favorite cryptos, including Bitcoin, Ethereum, BNB, Polygon, Solana and more.

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Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

Greed

Neutral

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Medieval Empires MEE

Medieval Empires Arbitrage