Bitcoin saw more than 19 million coins of the 21 million maximum supply in circulation at the beginning of April 2022. This has made it easy for miners to answer the question, 'how many [Bitcoins](/coins/btc) are out there to mine?'.

Bitcoin is the most popular digital asset, and the largest by market capitalisation.

## What happened?

On April 1, 2022, SBI Crypto mined the 19th million block, which was termed '730002'. As of writing, BTC's circulating supply was 19,017,800. This milestone has sent waves across the crypto finance market, with many novices or beginner traders asking how many Bitcoins there are. When Satoshi Nakamoto created Bitcoin in 2009, he released a maximum supply of 21 million BTCs.

## Why is it important?

Fewer than 2 million BTCs are left to be mined. This provides closure to investors and miners that want to know how many Bitcoins are there now.

Bitcoin is involved in millions of transactions daily.

Although it would take until the year 2140 before the last BTC is mined, the attribute of scarcity has started trending across social media and search engines (DuckDuckGo, Bing, Yahoo Search, and Google).

Since scarcity is an attribute that confers value on a currency, in addition to durability, non-counterfeitability, utility, divisibility, and transferability, many stakeholders of the crypto finance space have started making bullish forecasts about the digital gold.

Among them is New York-based certified public accountant Kate Waltman, who specialises in crypto and predicted a $100,000 valuation for BTC in 2022.

Jurrien Timmer, the global macro director at [Fidelity Investments](https://www.fidelity.com/go/join-fidelity-investments?imm_pid=700000001009130&immid=100742&imm_eid=ep6546361576&msclkid=689d26d656f11e95ca4344ac6e1e3c35), projects BTC could reach $100,000 in 2022.

Bitcoin could command the least possible price of $100,000 and the best possible price of $150,000 by the close of 2022, per the analysis of Ian Ballina, the founder of Token Metrics (a crypto research and media company).

Blockchain data analyst Matthew Hyland foresees BTC reaching the $100,000 price milestone in 2022.

The chief executive officer of Parallax Digital (digital assets marketing and consulting firm), Robert Breedlove, believes BTC has the potential to reach $12.5 million in 2031.

## Bitcoin’s driving factors that could lead to a rally in 2022

As of writing, there are more than 19,000 cryptos on the market. Since BTC is the first blockchain-backed cryptocurrency, it is not surprising to come across questions such as how many types of Bitcoins are there.

There is one Bitcoin and its price patterns affect other tokens, which are collectively called alternate coins (altcoins).

Although Bitcoin is a primary driver of the price of thousands of coins, these drivers need to kick in for experts' valuations to come to fruition in 2022.

The aura of scarcity will undoubtedly throw more liquidity into Bitcoin. In addition to this, mainstream adoption of Bitcoin will play an invaluable role in the token’s valuation. What’s more, the improvement of Bitcoin’s ecosystem with the triggering of the Taproot upgrade in November 2021 could see more decentralized applications and protocols (dApps) add more weight to the token.

With the clampdown on mining rigs by China and India, Bitcoin will thrive in more mining-friendly countries so that more coins will be added into circulation.

You should not forget that as proof-of-work (POW) networks, Ethereum mining revenue beat Bitcoin in the first quarter of 2022.
Lastly, Bitcoin could reach new milestones if favorable regulations are implemented.

Billions of people still consider BTC as a coin that is involved in dark web activities due to its appearance in several cybersecurity reports.

Once BTC gains the backing of major economies globally, it would be easy for the token to spike and reach new high highs.

As of writing, BTC still trades in a bearish cycle and needs whales/institutional investors to push its price to new milestones.

## Frequently Asked Questions 

### How many Bitcoins are available? 

There are 1,892,200 BTCs left to be mined as of April 21, 2022.

### How many Bitcoins are there in total?

There are 21 million BTCs in maximum supply.

### How many Bitcoins were there in 2010?

The first block was mined on January 9, 2009, and consisted of 50 Bitcoins. By the end of 2010, there were approximately 3,396,000 BTC mined.


How many Bitcoins are there? Just 9% left!

Taxes are an important part of realising profit while trading cryptocurrencies and considering your British [Bitcoin](/coins/btc) profit. It is crucial to be on the right side of the law and pay what you owe to the government.

The UK does not have a specific tax for bitcoin or cryptocurrencies; instead, it falls into the categories of Capital Gains Tax and Income Tax. We will explain the main differences between the two to help you understand into which of the two you fall.

Capital Gains Tax is implemented when doing the following with cryptocurrencies; selling crypto, trading crypto, spending crypto, and/or gifting crypto. You don't pay tax on all proceeds, or if one of these actions results in a loss, you only have to pay on crypto gains or, in other words, when you've made a profit.

You don't pay tax if you gift crypto to a spouse or civil partner.

It would be best to consider what tax bracket you fall into when calculating your gains. Unlike other countries, the UK taxes all capital gains and is taxed under the same rates and based on how much you earn annually. 

## The following are from the 2020-2021 tax year:

•	if the amount earned is more than £50,279, you are charged 20%

•	if the amount earned is below £50,270, you pay 10%

It's worth noting that if your crypto gains are less than £12,300 for the year, you do not need to pay any tax.
To calculate Capital Gains Tax, you need to work out your cost basis. To do this, you need to find out the Great British pound (GBP) price at which you bought plus any transaction fees. Once you have this figure, it is pretty straightforward. Capital gain is the difference between the price at which you purchased and the price at which you disposed of the asset. For example, if you buy Bitcoin worth £3,000 at the time of purchase and decide to sell it a month later for £3,300, your capital gain would be £300. It is important to keep track of your losses too, as recording them with [HMRC](https://www.gov.uk/government/organisations/hm-revenue-customs) can offset against your gains, reducing the total amount you owe in taxes.

### The following actions are excluded from paying tax in the UK:

•	buying crypto with GBP

•	holding crypto

•	transferring between wallets

•	donating crypto to charity

Lost crypto is also not considered to be disposed of. For example, if you lose your private key and prove that you cannot regain access, you can submit a negligible value claim. If your application is successful, you may be able to claim that as a capital loss, reducing your taxes.

So, we've discussed Capital Gains Tax, but what is Income Tax? Crypto is taxed as income when a person gets paid in crypto, acquires staking rewards, mines tokens, or receives airdrops. HMRC has yet to decide what decentralized finance (DeFi) protocols are considered income. Examples of unclear but most likely income-taxed protocols include; referral rewards, learn to earn, watch to earn, play to earn, and shop to earn.

### Lastly, let's look at the Income Tax brackets for crypto:

•	up to £12,570 = 0% tax

•	£12,571 - £50,270 = 20%

•	£50,271 - £150,00 = 40%

•	any amount over £150,000 = 45%

Hopefully, this maximizes your British bitcoin profit!


British Bitcoin Profit: Paying Your Taxes

Aside from being a famous chef, the world has heard Gordon Ramsay Bitcoin views in recent years.
There have also been numerous ads claiming he has made vast sums of money from investing in Bitcoin.

Crypto enthusiasts and investors are curious about Gordon Ramsay and questions like; does he own a Bitcoin, has he invested in Bitcoin, and is he a crypto trader?

## Who is Gordon Ramsay?

Gordon Ramsay is a well-known celebrity chef. However, he might have a keen interest in Bitcoin or crypto.
Through his work as a chef, he has a popular restaurant group, founded in 1997. His fame as a chef began in 1999, and today he's known as one of the most influential chefs in the world.

Aside from being a chef, he's a well-known, established businessman who has made many intelligent investments over the years. In addition, he has acted as a brand ambassador for a variety of businesses.

## Does Gordon Ramsay Use Bitcoin?

For him, being one of the few celebrities who discuss crypto publicly, people have asked questions about his involvement in Bitcoin. One is; does Gordon Ramsay use Bitcoin?

Over time, as that particular question gets asked, there has been speculation that he does own Bitcoin. Although this might be entirely true, he hasn't said publicly that he does.

Some publications have even reported that claims that Ramsay is making millions of dollars through Bitcoin are fake. Gordon himself has said that he has never traded Bitcoin or made money from Bitcoin trade or investments.

## Did He Invest In Bitcoin?

Although the celebrated chef has been linked to numerous crypto trading systems, he has never endorsed them. Moreover, there isn't any proof that the businessman has made any crypto investments. 

There have been instances of crypto trading companies using his name and photo to promote their businesses. They even go as far as using his pictures and fake testimonials of him to promote their business. They claimed that the chef had recommended the trading system to investors, enthusiasts, and potential customers.

## Is He Part of the Bitcoin Revolution Platform

It was claimed that he had invested in the Bitcoin Revolution Platform, a platform for trading cryptocurrency. It performs data-driven trades for customers; it's an automated trading platform.

However, the chef and businessman has denied any involvement with the platform. Even after an investigation by various media outlets, there wasn't any proof that he was involved in the investment.

Although Gordon Ramsay has a variety of investments and is a well-known businessperson, there is no evidence he has ever invested in Bitcoin. Although he may be knowledgeable about cryptocurrency, he hasn't made an official statement about his involvement in cryptocurrency, even though he might talk about it from time to time.


The Gordon Ramsay Bitcoin Question

Time to look at a [Bitcoin](/news/category/bitcoin-news) news prediction. Bitcoin's (BTC) price action hasn't been favourable for investors lately as the king coin tumbled below $40k for the first time since January. Although BTC has since recovered to just above $46k, some analysts still believe that the crypto-asset is unlikely to fall further.

Bitcoin hit a high of $42,000 on January 8, but has since struggled to sustain momentum. It has dropped by more than 40% from its all-time high of $58,300.

According to Bitcoin news prediction data from [CoinMarketCap](https://coinmarketcap.com/currencies/bitcoin/), BTC currently trades around $46,200, up by 1.51% in the past 24 hours. BTC is up by 2.8% in the last seven days and down by 11.9% in the past month.

After surging early in the day, bitcoin was largely steady on Sunday evening, while the crypto share price increased 0.9% to $2.2 trillion.
Bitcoin trading volume in the last 24-hour is $27,374,680,521. The market is still trending down with good volume as investors sell off their cryptos in anticipation of further losses.

The Google search trend for the keyword "bitcoin" is lower than yesterday. Perhaps this indicates that fewer people are searching Google for information about bitcoin than they were 24 hours ago.

The social media buzz on forums such as Reddit and Twitter has increased since yesterday. Still, the sentiment remains steady, with some positive and negative posts by different users.

Overall, I think that today's outlook for bitcoin is neutral to slightly bullish. I believe there will be more upside potential as we approach August 1 when the BIP148 user-activated soft fork happens on the Bitcoin network.

## Bitcoin News Prediction and Forecast

Predicting Bitcoin price has always been a hot topic in the cryptocurrency industry. Many people are interested in predicting future bitcoin prices, especially if they consider investing in bitcoin.

Cryptocurrencies will grow and become more valuable, that is not in doubt. However, no one can be sure where Bitcoin will be in the next few years.

Generally, if an asset increases significantly (e.g., by more than $10k), there will be a correction period where it will fall back to its original level. This is not always the case with Bitcoin, as we have seen. Some analysts believe that this correction period may never come for Bitcoin, or at least not for some time.

## Bitcoin on a Roll. What's Next?

In terms of technicals, BTC is currently trading at a critical support level of $46,000. A sell trend confirmation below this level will take the price to even lower levels.

The next 72 hours will be very telling for bitcoin bulls. If there is no reversal from current levels, we may see a retest of the $40,000 level.
However, while the overall outlook for Bitcoin remains bearish, technical indicators show that BTC/USD is unlikely to fall further in the short term. The RSI has been trending above 30 since March 20, which indicates that sellers are no longer in control. This suggests that Bitcoin will most likely consolidate around current levels over the next few days before making another attempt to break resistance at $50k or even $55k.

## Our Verdict

Bitcoin has been swinging in a wide range since January this year. The BTC/USD pair was seen falling from the highs of $64,000 and then $52,000 to the lows of $43,000 and $46,000. It seems that the coin is finding support at the current price level and is unlikely to fall further. The next leg of the journey will be decided by how Bitcoin manages to stay above the current price level.

As per our Bitcoin news prediction, we believe that there is a significant amount of support for BTC at its current levels. Investors are likely to buy Bitcoin during this period because they see it as an excellent buying opportunity.



Bitcoin news prediction: Will BTC Rally? 

A sense of optimism hung in the crypto air this morning as [Bitcoin](/coins/btc) and other major cryptocurrencies bounced strongly after a week of heavy losses.

At the time of writing, the price of Bitcoin stood at $36,460 representing an increase of 8.10% in the last 24 hours while Ethereum gained 8.23% reaching a price of $2,423. The total market cap of crypto currently stands at $1.65 trillion, an increase of 7.71%. After a week of absolute carnage, it appears that investors have indeed bought the dip demonstrating continued strength in the cryptocurrency market.

## Increasing correlation to traditional markets

Bitcoin began its bounce on Monday as US east coast traders returned to their desks after lunch. Interestingly the US equity market also saw a strong surge during the same time indicating Bitcoin’s increased correlation with traditional markets. With many eyes on today’s meeting of the Federal Reserve Open Market Committee (FOMC) which is anticipated to discuss interest rate rises and continued asset purchases, this week could be very interesting indeed.

The Relative Strength Index continues to indicate Bitcoin is heavily oversold which would suggest a turnaround is imminent as buyers seek to take advantage of the discounted prices. As we have mentioned before, historically Bitcoin often begins strong rallies after precipitous falls. Could this be the start of a rally to new all-time highs?

## Alt season on hold?

Mike McGlone, Chief Commodity Strategist at Bloomberg Intelligence however was not so optimistic for altcoins going on record to say, “Price reversion in crypto is likely to spread in 2022 after the assets were a poster child of speculative inflationary excess in 2021, but Bitcoin stands to come out ahead.”

However, as we can see above many of the major altcoins demonstrated as much resilience in Bitcoin with equally strong bounces. Solana, Polkadot, Atom, and Avalanche all posted 24-hour gains ranging between 12% and 17% respectively. The crypto market may be down, but it is certainly not out.

## ‘I'm loving it’

Finally, in a candidate for tweet of the year already the official Twitter account of McDonald’s Restaurants asked “[how are you doing people who run crypto twitter accounts?](https://twitter.com/McDonalds/status/1485726032967704582)” Demonstrating the humour and camaraderie that has come to be associated with what is known as ‘crypto Twitter’ McDonald’s are clearly getting their own back on all those crypto tweeters who see a job at McDonald’s as the last resort in a prolonged bear market. However, I and many others have a feeling that McDonald’s will soon be eating their own words, with extra fries.

Bitcoin and Crypto Rebound After Week of Loss

[Bitcoin](/news/category/bitcoin-news) traders woke to yet more shock Monday morning as the price of the asset tumbled to further localised lows.

At time of press, the price of the world’s number one digital asset sat at $33,728 – a fall of 5.52% in the last 24 hours. However, with the price of Bitcoin bottoming at $33,243 at 11:09 UTC this morning the current price shows that there are buyers at this level but as you may well imagine traders and investors are treading with extreme caution. 

Bitcoin wasn’t the only crypto to experience a devastating fall in value. The entire market also dropped sharply and currently stands at $1.54 trillion representing a fall of 7.01% in the last 24 hours.

## Outside factors

With market and network fundamentals at their strongest in years many investors are looking for outside factors as the reason behind the latest market crash. Tensions between Russia and NATO led allies continue to simmer over a Russian military build up at the Ukrainian border and while Russia insists it has no plans to invade, the USA and the UK have already told their embassy staff to begin making plans to leave the country. In contrast, the EU have no plans to fly diplomats out of Ukraine and is at a loss to explain why the USA and UK have given the green light adding ‘the US has not given any clear justification for its decision’.

As we reported on Friday, cryptocurrency and digital assets are still seen by many as risk-on investments which in times of uncertainty are often the first to be sacrificed, regardless of market strength.

However, there are other angles at play in this situation which many in the crypto community believe are having an impact on market activity. The US have threatened Russia with economic sanctions which will ‘bring the country to its knees’ should the country decide to stage an invasion of Ukraine. In practical terms this means deactivating Russia from the SWIFT network which has been used by every nation state to transfer capital around the world since 1972.

## ‘Alternative rails of finance’

In retaliation to the threat from Joe Biden, Russia have spoken of using ‘alternative rails of finance’ which many people believe is a nod toward distributed and decentralised networks able to move large amounts of capital such as Ripplenet or Stellar Lumens. However, with both of these firms originating in the US it is hard to believe Russia would choose to adopt their services. That being said the nature of many cryptocurrency networks is borderless and the vision they hold for the future is one of harmonious trade with drastically reduced friction in terms of policy, regulation and cost.

The last thing the world needs right now is yet another conflict and personally speaking I don’t think that is going to happen. I do believe however that a movement away from out of date and weighted legacy payment systems such as SWIFT towards the large scale use of decentralised and distributed networks that enable a fairer and balanced global economic environment is only a matter of time. However what time frame this financial transformation occurs on is anybody's guess.


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Get the latest Bitcoin news from the top Bitcoin news site.

How many Bitcoins are there? Just 9% left!

British Bitcoin Profit: Paying Your Taxes

The Gordon Ramsay Bitcoin Question

Bitcoin news prediction: Will BTC Rally?

Bitcoin and Crypto Rebound After Week of Loss

Crypto Price Down as Ukraine Crisis Hits

Crypto scams are falling as victim investors exit

Best wallets to store your Ethereum

Crypto.com news: The exchange gets UK approval