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'It's Going To Zero'-Legendary Billionaire Predicts 'Rapid, Cataclysmic' U.S. Dollar Collapse And A $5 Trillion Post-Halving Bitcoin Price Boom
By Billy Bambrough.
Bitcoin's fourth halvingāa supply cut that will see the bitcoin block reward cut from 6.25 bitcoin to 3.125āis slated to happen later today, potentially playing havoc with bitcoin industry economics that have changed dramatically since the last supply cut in 2020.
The halving, reducing the daily supply of new bitcoin from around 900 to 450, is now just hours away, according to the NiceHashĀ countdown. The 2024 bitcoin halving is bitcoin's fourth, following previous halvings in 2012, 2016 and 2020.
