CNBC Tech: Beyond The Valley cover image

CNBC Tech: Beyond The Valley

Bitcoin halving - here’s what it is and what it means for crypto

Apr 11, 2024
Exploring the upcoming Bitcoin halving event and its impact on price, market dynamics, regulatory challenges in the crypto industry, and Ether ETF approval speculation. CEOs share insights on blockchain innovations and cryptocurrency diversification, along with casual discussions on Paris and travel experiences.
25:11

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Quick takeaways

  • Bitcoin halving reduces supply and increases demand, driving prices higher post-event.
  • Approval of spot ETFs in the US boosts investor access and demand for Bitcoin, fueling the recent price surge.

Deep dives

The Significance of Bitcoin Halving

Bitcoin halving occurs every four years and cuts the rewards for mining Bitcoin in half, leading to reduced supply and increased demand for the cryptocurrency. This process aims to limit inflation in the Bitcoin market and maintain the value of the currency. Enthusiasts believe in Bitcoin's ideological appeal as a decentralized, finite asset compared to traditional currencies subject to inflationary measures.

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