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Halving Will Be 'Non-Event' for BTC Price: Morgan Creek Digital Exec

From cointelegraph.com

Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing. In a tweet on Dec. 1, Jason Williams, co-founder at digital asset fund Morgan Creek Digital, said that unlike many others, he believed markets would not move as a result of the halving next May. Williams: BTC halving will be “non-event” “Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event,” he summarized. Bitcoin’s block reward halving will reduce the amount of BTC paid to miners for each block from 12.5 BTC to 6.25 BTC. ... (full story)

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  • Category: Fundamental Analysis