Dubai, UAE, April 23rd, 2024, Chainwire
In a riveting panel discussion hosted by Bybit, one of the world’s top three crypto exchanges by volume, key figures from the crypto industry gathered to discuss crypto and global finance. The panel, which included Bybit’s Hao Yang, OKX’s Lennix Lai, and Willis Croft of Wintermute, explored the impact of Bitcoin halving, the influence of institutional investments, and the significance of macroeconomics.
The Impact of Bitcoin Halving
Historically, Bitcoin halvings have spurred significant price surges. However, this influence is showing signs of decline. “I think the magnitude of the halving being a catalyst for upward price movements is lessening,” said Hao Yang of Bybit. “The total amount of circulating bitcoin will arrive at 21 million via a non-linear curve. That means the impact from halvings altering the supply side will be less as the total circulating amount of bitcoin increases.”
Institutional Entry through ETFs
The intro
