Bitcoin Billionaire Anticipates Slump during Halving - Former BitMEX CEO Expresses Concern

By: Eva Baxter

The significant event of Bitcoin halving is around the corner. However, not all are optimistic about the outcome. The former BitMEX CEO, a known Bitcoin billionaire, expects that the halving will exacerbate the ongoing firesale in the crypto asset industry. Furthermore, the crypto-market faces the added challenge of the U.S. tax season liquidity test around the same time as the implemenation of the fourth mining-reward halving. Opinions vary on what the short-term future holds for Bitcoin.Bitcoin News