"Deutsche Bank Predicts Limited Rally After Bitcoin Halving"
TL;DR Summary
Deutsche Bank predicts that the upcoming bitcoin halving event is already partially priced in and does not expect a significant rally in the cryptocurrency's price afterward. The bank anticipates a shift in the geography of crypto mining to countries with lower energy costs due to reduced block rewards. Despite this, the report highlights positive factors such as the launch of spot bitcoin ETFs, the performance of Bitcoin Cash after its halving, and the potential for future spot ether ETF approvals, central bank rate cuts, and regulatory changes to support the cryptocurrency market.
- Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank CoinDesk
- Countdown Is On for the Bitcoin 'Halving' The New York Times
- This Bitcoin Halving Is Different. But Is It 'Priced In'? CoinDesk
- The Countdown to Bitcoin's Halving Is On. Here's What to Know TIME
- Bitcoin's Halving Is Coming. Miners Are Looking for New Ways to Make Money. The Wall Street Journal
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
75%
374 → 92 words
Want the full story? Read the original article
Read on CoinDesk