Bitcoin Halving 2024 & Supply Shock Incoming
#BitcoinToday #BitcoinHalving #BTChalving
Bitcoin Halving 2024 & Supply Shock Incoming. On this livestream, I will be talking about the upcoming Bitcoin halving and potential supply shock that will follow. I will explain what the halving is and when it is going to to happen. Each halving reduces the amount of BTC issued in the block reward. We are going from 6.25 BTC to 3.125 BTC every block. Going from 900 BTC daily to 450 BTC daily. With these TradFi institutions buying Bitcoin for their spot ETFs, all-time low # of BTC on exchanges, the race for Bitcoin is underway.
Links:
https://www.bitcoinblockhalf.com
https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
https://crypto.com/bitcoin/halving-countdown
https://www.theblock.co/post/281339/bitcoin-etf-supply-4-percent
https://www.cnbc.com/2024/04/15/hong-kong-regulators-approve-spot-bitcoin-and-ether-etfs-.html
https://www.ccn.com/news/crypto/bitcoin-supply-shock-exchnage-hold-record-lows/#:~:text=A%20supply%20shock%2C%20which%20occurs,orders%20relative%20to%20sell%20orders
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