Name: Bitcoin’s Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
Uploaded: 2024-04-23T08:08:10-04:00
Duration: 5 min
Description: Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs. Investor are increasingly taking direct custody of their coins, Bitfinex added. Bitcoin’s {{BTC}} recent mining reward halving has altered the market […]

Tag: PostHalving

Bitcoin’s Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

Analysts at Bitfinex estimate that the new BTC supply added to the market could drop to $30 million per day, amounting to less than five times the average daily inflows into the spot-based ETFs. Investor are increasingly taking direct custody of their coins, Bitfinex added. Bitcoin’s {{BTC}} recent mining reward halving has altered the market […]

Why Crypto Stocks Had a big Post-Halving Rally Today

A major event in the cryptocurrency world occurred just before the weekend, and it drew many investors into digital coins, tokens, and related assets on Monday. By and large, the numerous crypto stocks on the exchange did very well, with more than a few notching double-digit price gains on the day. This event was (it […]