Bitcoin is unlikely to get bid up after the May 2020 mining reward halving, based on the way the cryptocurrency’s options are valued.
Investors are betting the Fed will quickly slash rates amid coronavirus jitters. Whether they turn to bitcoin as a crisis hedge remains to be seen.
In May 2020, Bitcoin’s third “halving” will take place. Here’s what you need to know about the most hotly anticipated cryptocurrency event of the year.
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.