21Shares AG Releases Comprehensive Report on Bitcoin Halving Event
ZURICH, March 21, 2024 – 21Shares AG, the world’s largest issuer of cryptocurrency exchange traded products (ETPs), has announced the release of its latest research report on the highly anticipated Bitcoin halving event.
Set to take place in April 2024, the fourth Bitcoin halving will see the rewards for mining new blocks halved, leading to a decrease in the rate at which new Bitcoins are introduced into circulation. This event, which occurs approximately every four years, is a significant moment in the crypto industry as it gradually reduces the annual issuance until it reaches the programmed supply cap of 21 million units.
Known for its ability to spark major market movements, the Bitcoin halving has historically caused supply shocks, generating increased interest and speculation within the crypto community. However, 21Shares’ new report highlights that the upcoming halving is happening amidst unique market dynamics, prompting a reassessment of its potential impacts.
The comprehensive report delves into the implications of the Bitcoin halving, offering detailed analysis of its effects on the market, the mining community, and the broader Bitcoin ecosystem. By examining current market conditions and historical trends, the report provides valuable insights into the evolving narrative that will shape Bitcoin’s trajectory post-halving.
Adrian Fritz, Head of Research at 21Shares, stated, “As we approach another milestone in Bitcoin’s history with the upcoming halving, our report aims to provide clear, insightful analysis into the potential impacts on the market. As a leading research provider in the crypto space, we are dedicated to delivering insights that empower investors and stakeholders with the knowledge they need to navigate this transformative event.”
The release of this report underscores 21Shares’ commitment to advancing the understanding of cryptocurrency markets and facilitating informed decision-making within the industry.
For more information about 21Shares and to access the full Bitcoin halving report, visit https://connect.21shares.com/bitcoin-halving-2024.
Press Contacts:
Maggie Ng, VP of Marketing, press@21.co
About 21.co:
21.co is a global leader in providing access to crypto through user-friendly products. 21.co is the parent company of 21Shares, the world’s largest issuer of cryptocurrency exchange traded products (ETPs). The company was founded in 2018 by Hany Rashwan and Ophelia Snyder and is registered in Zurich, Switzerland, with offices in Zurich and New York. For more information, please visit 21Shares at https://21shares.com/.
Source: 21Shares
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