The upcoming Bitcoin halving has the potential to reshape the digital asset industry as the four-year cyclical event restricts the influx of new Bitcoin, supports long-term price appreciation and drives institutional interest in the world’s largest crypto currency, according to Gulf Binance.
As the halving, which is expected later this month, restricts the inflow of new Bitcoin, market volatility is likely based on the ongoing interplay between supply and demand, said Nirun Fuwattananukul, chief executive of the joint venture…
