As the Bitcoin community eagerly anticipates the upcoming “bitcoin halving 2024” event scheduled for April 17, digital asset management firm Grayscale has provided insights into why this event differs fundamentally from its predecessors.
It has highlighted various factors, including the evolving regulatory landscape, challenges for miners, the impact of spot Bitcoin Exchange-Traded Funds (ETFs), and the additional fees provided by Bitcoin Ordinals transactions.
Grayscale on Bitcoin Halving 2024
Grayscale stated that the 2024 Bitcoin halving would bring challenges to miners in the short term, but in the longer run, “fundamental on-chain activity and positive market structure updates”…
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