Bitcoin Halving Could Leave Cost at $20K-$50K, Hedge Fund Manager Says

Lightning Funds is a small hedge fund, with around $500,000 of belongings, but Hwang’s prediction provides to a rising selection of estimates from investors and analysts making an attempt to gauge the likely influence of the halving – in which the selection of bitcoin mining rewards designed every 10 minutes is sliced in half. The slash happens every 4 yrs, in accordance with the cryptocurrency’s 11-calendar year-outdated structure.