More often than not, people actively wonder who is responsible for buying up the newly mined BTC on the network. As it turns out, institutional investors may play a bigger role in this process than originally anticipated. Unlike traditional forms of money, Bitcoin has not hit an actual supply cap as of yet. Institutional Investors are Shopping for Bitcoin Instead, there will be an ongoing process of minting new BTC for another 120 years, until 21 million BTC have been reached. Recently, the Bitcoin network saw its block reward cut in half, as occurs every four years. With fewer BTC
The post 2020 Bitcoin Halving Attracts a lot of Interest From Institutional Investors appeared first on The Merkle News.
Powered by WPeMatico