Probably, or actually by far, the biggest event in Crypto is the Bitcoin Halving. An event where the already scarce kind of Crypto is all set to become even more scarce as the growth of supply is halved and the demand is obviously just rising more and more as Crypto is hitting the attention of big institutions with trillions at their deposit and with each bull market we get more and more people from the mainstream public that get to know about the potential of a new asset-class like Crypto. With that, just about 290 days are remaining for the next Bitcoin Halving and in about April of next year we will have this significant event. And we can be sure that those few months until then will be full of tumult and fear that we need to survive Bitcoin Halving Process of 80%, pic by libertiman from twitter If we really think about it, this year is quite unspeculative for crypto-standards. We are jus having a slow grind upwards that can just as easily be erased by end of the year, so basically it is a crab market right now. So we can expect the next year to actually have more fireworks with a lot of speculation around the Halving, many SEC lawsuits concluding (looking at you XRPβ¦) and hopefully some ETF approvals. Until then we all have to survive the remaining time first, which definitely wonβt be easy with a still rouge SEC and a lot of uncertainty around the macro conditions which may or may not affect Crypto indirectly. [link] [comments] |
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