RATE Group | Bitcoin Price Might Not Go Up After Halvening. Coinshares CSO Meltem Demirors Explains W…
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Bitcoin Price Might Not Go Up After Halvening. Coinshares CSO Meltem Demirors Explains W…

Bitcoin Price Might Not Go Up After Halvening. Coinshares CSO Meltem Demirors Explains W…

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Contents

  • A spanner in the works 
  • Things could be different 

Meltem Demirors, the CSO of CoinShares, has just explained why the Bitcoin price is not necessarily going to rally after its next halvening. Her main argument is that the growth of crypto derivatives will prevent producers (miners) from setting the price of Bitcoin. 


Crypto Derivatives Exchange BitMEX Gets Hit with $300 Million Lawsuit


A spanner in the works 


Since BitMEX became a pioneer in the crypto derivatives market, the market has been getting more crowded. Derivatives such as options and futures still allow Bitcoin traders to get their kicks despite the declining volatility of this fledgling asset class.     


CME…

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