Bitcoin’s Fourth Halving Is Imminent
From youtube.com/bloombergquicktake
The cryptocurrency space will undergo a massive upheaval on April 20 when a once-every-four-years software update, called the “halving,” occurs for the fourth time in Bitcoin history. The halving will reduce by 50% the amount of Bitcoin that “miners” can earn each day from validating block-chain transactions, and is viewed by many investors as a reliable trigger for a surge in Bitcoin’s value. What was the impact of the three previous halvings, and why might this time be different?