First Mover: A Sneak Preview of Bitcoin’s Halving – in Real Time
As central banks around the world inject trillions into the global economy, investors are looking at bitcoin and its "halving" as a hedge against inflation.
Bitcoin's underlying technology and monetary system make it one of the few investable assets that is immune to the economic fluctuations we have ahead.
With the Bitcoin blockchain's once-every-four-years rewards halving now just two weeks away, some analysts are starting to fix their sights on the next upside target: $10,000.
There is a notable shift in the style and profile of bitcoin miners, towards more sophisticated structures and financial engineering.
Bitcoin has already recovered from its "Black Thursday" crash and is beating the S&P 500 year to date. Now all eyes turn to the halving.
What does the current crisis mean for the value of actual cash, and how does it stack up to assets like bitcoin and gold?