Crypto Industry Split on Bitcoin Halving Impact

Bitcoin is set to halve, as it does every four years, and the impact of this year’s event could push the market in a number of different ways; the total number of bitcoins that will ever be mined is capped at 21 million, rewards to bitcoin miners keep halving until they reach zero; “With its finite and scheduled supply and decentralized architecture, BTC, in particular, offers the certainty needed in times like these, and will likely become a new safe-haven asset class,” cryptocurrency lending start-up Nexo wrote in a note last week according to CNBC; there is a split amongst investors as to whether or not the price has already been factored into the markets; according to bitcoin exchange CoinCorner bitcoin climbed 7% one month on from the first halving event in 2012, but slipped 10% a month after the second one in 2016. CNBC

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.