"Anticipating the Impact: Bitcoin Halving and Institutional Involvement"
TL;DR Summary
The highly-anticipated Bitcoin halving event is just days away, expected to occur between April 18 and April 21, which will cut mining rewards to 3.125 bitcoin per block. Historically, the price of Bitcoin has risen after halving events as the creation of new bitcoins slows. However, the event may lead to a shakeout among Bitcoin miners as profit margins narrow, with some miners disconnecting due to increased costs. Additionally, the launch of spot Bitcoin ETFs in January has democratized access to Bitcoin, leading to significant fund inflows, while Bitcoin mining stocks have seen mixed performance in 2024.
- Bitcoin Halving Event Draws Near. What To Expect From The Quadrennial Event. Investor's Business Daily
- 6 Ways the Halving Will Impact Bitcoin Mining CoinDesk
- Bitcoin 'Halving' Rally Is Already Partially Priced In, Marathon CEO Thiel Says Bloomberg
- BTC halving to fuel 'raging firesale of crypto assets' — Arthur Hayes Cointelegraph
- This Bitcoin halving will be different — the institutions are here Blockworks
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