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#8 Bitcoin bulls eye supply growth drop below 1% for first time ever in April halving
Manage episode 406790242 series 3444715
Bitcoin supply growth is set to drop below 1% for the first time ever next month, when the ‘halving event’ gets underway, underscoring the popular crypto’s scarcity premium and likely fueling the current bull run just as institutional investors join the race to ‘hodl’ the popular crypto.
"Bitcoin supply growth is currently about 1.7% and that will be reduced to a bit under 1% for the first time in bitcoin history,” at the next halving event, expected “sometime on April 17”, Director of Education and Governance Initiatives at Web3 Foundation told Investing.com’s Yasin Ebrahim in an interview on Thursday.
Halving events, which occur once every four years, cut the amount of bitcoin that is produced on the bitcoin blockchain, or network, by miners in half --- hence, ‘halving.’
Your support is appreciated!
https://www.buzzsprout.com/892009/supporters/new
https://www.buymeacoffee.com/j2oforex
youtube channel: https://www.youtube.com/channel/UCHKVHPpjTRD3WbETbar-0Qg
65 episodios
#8 Bitcoin bulls eye supply growth drop below 1% for first time ever in April halving
My Forex journey from the bottom to the top to be a profitable consistent trader
Manage episode 406790242 series 3444715
Bitcoin supply growth is set to drop below 1% for the first time ever next month, when the ‘halving event’ gets underway, underscoring the popular crypto’s scarcity premium and likely fueling the current bull run just as institutional investors join the race to ‘hodl’ the popular crypto.
"Bitcoin supply growth is currently about 1.7% and that will be reduced to a bit under 1% for the first time in bitcoin history,” at the next halving event, expected “sometime on April 17”, Director of Education and Governance Initiatives at Web3 Foundation told Investing.com’s Yasin Ebrahim in an interview on Thursday.
Halving events, which occur once every four years, cut the amount of bitcoin that is produced on the bitcoin blockchain, or network, by miners in half --- hence, ‘halving.’
Your support is appreciated!
https://www.buzzsprout.com/892009/supporters/new
https://www.buymeacoffee.com/j2oforex
youtube channel: https://www.youtube.com/channel/UCHKVHPpjTRD3WbETbar-0Qg
65 episodios
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