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Why Cathie Wood Believes Bitcoin's Upcoming "Halving" Will Redefine the Crypto Market in 2024
The upcoming halving of mining rewards in the Bitcoin (BTC -0.65%) network is not like the others. Ark Invest mastermind Cathie Wood found a game-changing quality in this fundamental update that sets it apart from the first three. Will this unique event make Bitcoin a better long-term storage system for wealth than investing in gold? Let's have a look. What Cathie Wood said: In a recent video interview with Yassine Elmandjra, Ark Invest's director of digital assets, Wood unveiled a rarely discussed detail of Bitcoin's next halving event that could change the game for the cryptocurrency market: The rate of growth in ... (full story)