Rumors swirled regarding the ETF, speculating on a possible decision even before the official approval window opens on January 4.
Andy
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Saw that. And GBTC is up 7%, even higher than $BTC right now. Hmmm…
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We have a bull market in anticipation of the half.
BTC and Eth will run for close to two years. Then a bear market for about two years. Seen this before. Will see it again and the traders know it.
Supply and demand. We will see some crazy demand.
Is there a Ethereum halving?
Ethereum appears to be quite promising as a long-term buy thanks to a concept known as the Ethereum triple halving. Even though the Ethereum protocol does not have a halving mechanism, it does have features that provide deflationary pressure to its supply: Reduced ETH issuance under Proof-of-Stake consensus.Dec 15, 2023
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April 2024
The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 bitcoins. The exact date of the halving is not yet known as the time taken to generate new blocks varies, with the network averaging one block every ten minutes.