Bitcoins halving unlikely to affect price in next 18 months, Kaiko says
Bitcoin É improvável que o halving do Bitcoin afete o preço nos próximos 18 meses, diz Kaiko Notícias do Bitcoin Ethereum Bitcoin‘s halving won’t spark a lasting bull run over the next 12-18 months, relying on new investors through spot ETFs in the U.S. and in Hong Kong. The highly anticipated fourth Bitcoin halving is expected to have a less significant impact on the cryptocurrency‘s trajectory over the next 12-18 months, according to analysts at Kaiko. Contrary to earlier expectations, the decrease in miners’ rewards from 6.25 BTC to 3.125 BTC may not serve as the primary catalyst for Bitcoins growth, according to a recent research report from the Paris-based blockchain firm. “It [Bitcoin] may have enjoyed massive returns following its previous halvings, but the latest event comes as the asset class matures and macroeconomic conditions remain uncertain.” Kaiko This time, the analysts say Bitcoin‘s future price depends on attracting new investors, especially through spot exchange-traded funds (ETFs) in the U.S. and soon in Hong Kong, showing the cryptocurrency’s growing acceptance in mainstream finance. Given that this is the first time a halving has taken place in a high-interest rate environment, the analysts say “there is no precedent to how Bitcoin will trade in the long-run.” As per