📊👀 Grayscale.
Halving 2024: This time it's different:
- #BTC price increase after halving is not guaranteed: Given the long-awaited nature of these events, if a price surge was imminent, rational investors would likely buy in advance, driving up the price before the halving occurs;
- question concepts such as the Stock-to-Flow model from PlanB;
- miners have been preparing for the financial consequences of the halving for a long time;
- the appearance of the Ordinals Inscription intensified activity on the network: >59 million #NFTs were registered, which as of February 2024 brought miners more than $200 million in transaction fees;
- The continued adoption of #BTC-#ETFs could significantly alleviate selling pressure, potentially changing the structure of the market.
📊👀 Grayscale. Halving 2024: This time it's different:
- #BTC price increase after halving is not guaranteed: Given the long-awaited nature of these events, if a price surge was imminent, rational investors would likely buy in advance, driving up the price before the halving occurs;
- question concepts such as the Stock-to-Flow model from PlanB;
- miners have been preparing for the financial consequences of the halving for a long time;
- the appearance of the Ordinals Inscription intensified activity on the network: >59 million #NFTs were registered, which as of February 2024 brought miners more than $200 million in transaction fees;
- The continued adoption of #BTC-#ETFs could significantly alleviate selling pressure, potentially changing the structure of the market.