Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
Original
Related posts
-
Bitcoin on-chain activity declines, price movement sluggish
Activity on the Bitcoin (BTC) network is approaching historic lows, with traders significantly slowing down transactions... -
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive... -
Bitcoin wallets, dormant for 11 years, transfer $60 million
Long-dormant Bitcoin wallets, inactive for nearly 11 years, suddenly transferred a whopping 1,000 Bitcoins (BTC) within...