Binance CEO Changpeng Zhao Shares Thoughts on Bitcoin Halving
Changpeng Zhao, founder and CEO of Binance, one of the largest cryptocurrency exchanges, has recently shared his thoughts about the
events leading to the Bitcoin halving, when the reward given to Bitcoin miners for mining new blocks gets cut in half.
CZ details that one year after the halving,
bitcoin prices will reach new all-time highs (ATH), and people will still look for a reason for this development.
For Zhao, the halving is a
significant event for the cryptocurrency market. Zhao reported that he
already added a Bitcoin halving countdown to Binance’s homepage.
Zhao is not the only one who believes that the
halving will spur an increase in bitcoin prices due to the reduction of the bitcoin available on the market and other factors.
