RATE Group | Is the Bitcoin Halving Priced In? No Way, and Here’s Why
73415
post-template-default,single,single-post,postid-73415,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Is the Bitcoin Halving Priced In? No Way, and Here’s Why

26 Dec Is the Bitcoin Halving Priced In? No Way, and Here’s Why

Posted at 20:15h in Cryptocurrency News by

[ad_1]

In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening” — depending on who you ask — the number of BTC issued per block (every 10 minutes or so) will get cut in half from 12.5 to 6.25, effectively meaning that BTC’s inflation rate will be cut in half.

Related Reading: Five Reasons Why Bitcoin Price is Bullish Heading Into 2020

While some are skeptical of the event’s effects on the BTC market, a leading investor and entrepreneur in the cryptocurrency industry — one with roots in financial markets and derivatives — has asserted that there is no way that the halving is priced in.

Bitcoin Halving Priced In? No Way, Jose

Over the past few weeks, a debate has erupted regarding Bitcoin’s impending halving, slated to take place in May 2020. It isn’t clear how this latest discussion started — some look to Bloomberg editor Joe Weisenthal, somewhat of a BTC skeptic — though it has become Crypto Twitter’s…

[ad_2]

Source link

Tags:
, , ,