Bitcoin Halving Reinforces ‘Sound Money’ Narrative, Kraken’s Perfumo Says

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

As Bitcoin is about to undergo a reduction in new tokens created, that should reinforce its appeal to retail investors as “the soundest form of money,” according to Thomas Perfumo, head of strategy at crypto exchange Kraken.

Trump Media Advises ‘Long-Term’ Investors on Thwarting Shorts After Stock SelloffArgentine Central Bank Chief Bausili to Travel to China SoonUS Junk-Bond Funds Post Biggest Outflow in Over a YearJapan’s Suzuki Says Yen Set by ‘Various Factors’ Beyond Rate GapOaktree Seeks $2.

5 Billion for Seventh Power Opportunities FundCenturi Rises 13% After Raising $315 Million in IPO, Icahn DealUkraine’s Allies Grow Bleak as They Push for More Air DefensePetrobras’ Prates Aligns Himself With Lula to Boost ShipbuildingSabesp Jumps as Sao Paulo Seeks Bidders for PrivatizationIMF Latest: Georgieva Says Dollar Strength Has Stoked ConcernsEU to Send Ukraine Seven More Patriot Missiles as Allies Step UpSiemens Energy Among Recipients of $2 Billion Green Tax Credits2024 budget hurts...

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Litecoin crosses $100: More gains ahead of Bitcoin’s halving?Litecoin [LTC], like several cryptos, had a promising week as its value surged to double digits in the last seven days
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin halving or ETF flows: What will drive BTC to $195K?Bitcoin could hit $195K by end of 2024 based on the massive inflows coming in from new US spot BTC exchange traded funds (ETFs).
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin’s halving is coming – Does this mean good news for Solana, LINK?Many things have changed in the market since the last bull cycle, and one thing that might have gone unnoticed is Chainlink's [LINK] trend
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin’s price drops to $66K: Blame the halving or something else?Bitcoin's [BTC] sudden retracement triggered liquidations worth $200 million from the entire crypto market in the last four hours.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Will MATIC hit $2 ahead of Bitcoin’s halving?Polygon [MATIC] crossed a critical resistance zone in the last few days that hinted at yet another bull rally.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin price dips below $69k, hedge fund CEO sees it hitting $150k post-halvingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »