Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Bitcoin Halving Is a ‘Buy the News’ Event
BLOCKCHAIN NEWS

Bitcoin Halving Is a ‘Buy the News’ Event

By Crypto FlexsApril 19, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Halving Is a ‘Buy the News’ Event
Share
Facebook Twitter LinkedIn Pinterest Email

Bitwise Chief Investment Officer Matt Hougan offered a long-term view on Bitcoin halving based on historical data and spot ETF demand.

In an April 19 interview with CNBC, Hougan viewed this year’s Bitcoin (BTC) halving as a “news-buying” opportunity for investors interested in the world’s largest cryptocurrency asset class.

“If you look at halvings historically, the price movement within a week or two after a Bitcoin halving is relatively quiet. But looking ahead one year, the BTC price has rebounded significantly after each of the last three halvings and I think it will continue to do so.”

Matt Hougan, Bitwise CIO

BTC halving progress chart | Source: bitbo.io

Halving is a pre-installed code change designed by the anonymous Bitcoin creator Satoshi Nakamoto to reduce BTC inflation and maintain supply shortages. Nakamoto built a system that reduces mining rewards by 50% every 210,000 blocks, or four years.

As block mining rewards are halved, the amount of new BTC in circulation is also halved. Many believe that this decrease in supply, coupled with increased demand through spot Bitcoin ETFs, will push prices higher through next year. BTC ETF issuer Hougan agrees with this sentiment.

“The new supply of Bitcoin entering the market is being cut in half. We are eliminating $11 billion in annual supply. The big picture is it has to be good value for money and we expect that to continue to be the case next year.”

Matt Hougan, Bitwise CIO

Bitwise CIO: Bitcoin Halving Is a ‘Buy the News’ Event - 1
BTC inflation chart against fiat value | Source: bitbo.io

Bitcoin Halving to Solidify Demand for Spot BTC ETF

Coinpass CEO Jeff Hancock told crypto.news that Bitcoin has matured from a hobby and speculative market to a real-world asset attracting institutional interest. This is bound to make this cycle different, especially in an economy with high inflation and high interest rates, Hancock said.

“Historic market opportunities may emerge this Bitcoin cycle following the fourth halving. Bitcoin ETFs have already been successfully launched in the United States, there is currently an ETF pending in Hong Kong, an ETN on the London Stock Exchange, and Bitcoin prices are already at record highs before the halving. This has never happened before. In my opinion, the future of the Bitcoin market has unlimited potential.”

CoinPass CEO Jeff Hancock

In Hancock’s view, global demand for Bitcoin will remain strong beyond 2024 and tradfi will continue to proliferate the cryptocurrency ecosystem. Spot Bitcoin ETFs have already amassed over $60 billion in assets in less than six months.

The boss of a UK-registered cryptocurrency company added that the success of the spot BTC ETF could extend to its Ethereum (ETH) counterpart, despite staunch opposition from the US SEC.

“Institutional demand for Bitcoin will remain. An Ethereum ETF could follow in 2024, meaning institutional investors can now access staking rewards and decentralized finance through institutional tools.”

CoinPass CEO Jeff Hancock

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

The new gold protocol of the BNB chain is due to the $ 2 million launch day nucleus.

September 20, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025
Most Popular

Japan’s Monex Group acquires majority stake in Canadian cryptocurrency company 3iQ

December 28, 2023

Easily convert to BSC with ChangeNOW

June 2, 2024

$ POPG is now available on LBANK

March 7, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.