RATE Group | Recap of Cointelegraph Talks: Bitcoin’s Block Reward Halving
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Recap of Cointelegraph Talks: Bitcoin’s Block Reward Halving

06 May Recap of Cointelegraph Talks: Bitcoin’s Block Reward Halving

Posted at 08:11h in Bitcoin News by

As part of the most recent edition of Cointelegraph Talks on May 5, Bitfinex CTO Paolo Ardoino, TradeBlock director of institutional research John Todaro, and Poolin mining pool VP Alejandro De La Torre came on today’s panel, bringing a bevy of insights on Bitcoin’s (BTC) upcoming halving, the COVID-19 pandemic and more. 

The current pandemic causes uncertainty

Although Bitcoin largely lies outside the mainstream financial ecosystem the asset has still reacted to COVID-19 and its related mayhem.  

“COVID-19 has definitely had an impact on the space,” Todaro, said of crypto on May 5, noting the presence of uncertainty and increased volatility.  He said:

“In the longer term, and being a month out from that event, I don’t think it swayed any institutional investors and trader. I think they did use the opportunity to accumulate at lower prices, and I think we haven’t really seen a slowdown in activity on that front from the institutional side.”

The TradeBlock director also said the…

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