Bitcoin halving is happening in about a week! As we get closer to one of the most awaited technical events in the crypto space this year - bitcoin halving - Our COO, Eric Anziani, is excited to share some thoughts on what it means for bitcoin and the industry.

1/ Expected to happen around May 12th, the #bitcoinhalving will basically cut by half the rewards that miners validating transactions on the network get, from 12.5 BTC to 6.25 BTC. This means the inflation rate for #BTC will decrease from 3.68% to 1.80%.

2/ This will mechanically reduce the new supply of #bitcoin released, and gradually put upward pressure on the price, assuming a stable demand curve as the graph shows.

3/ Reduced supply is the primary driver for positive price pressure as our recent survey has shown (available at: Increased scarcity reinforces the digital gold narrative around #bitcoin.

4/ Although not statistically significant, historical halvings have resulted in mid-to-long term price appreciation as well as price increases leading to the event. There were also unpredictable short term price movements following each event.

5/ There are of course many arguments on the opposite side of the aisle, such as this event could already be priced-in under the Efficient Market Hypothesis, or that potential “sell the news” effect could occur post event.

6/ One prediction that we can guarantee at is that we will be offering #bitcoin at 50% off on 12th May through our Syndicate platform on the Exchange. Do check it out:

7/ At, we believe that programmable digital scarcity embedded in #bitcoin is irreplaceable, and a fundamental part of building a more inclusive token economics that benefits not only the 1% but the broader society.

8/ That’s why we designed the #CryptoComChain (powered by $CRO) under similar principles, with a fixed token supply, and a progressive distribution to miners and the markets under a decreasing inflationary model.

9/ To provide broad adoption, we included low latency, fast finality and privacy-protection in the #CryptoComChain’s design to ensure it can be used as a store of value as well as for day-to-day transactions.

10/ There are still many lessons to learn from #bitcoin and its remarkable incentive design. This third halving will for sure bring new insights as we continue on our journey to bring #cryptocurrency to every wallet.