ADCF Update - Bitcoin Halving May 2020

The Bitcoin halving event in May 2020 has, in the past, proved to be powerful catalyst for an increase in the price of Bitcoin. There are now only 2.6m Bitcoin left to be mined from the original 21m.

It is an interesting coincidence that Bitcoin's rate of production is being cut in half just as unprecedented QE is taking place globally, which will leave companies and governments with record debt levels. Some are now calling Bitcoin's halving event 'quantitative hardening' to further emphasise how it runs completely contrary to the monetary policies of fiat currencies.

Rea our latest insight here: Update on Bitcoin 'Halving' Trade