{"id":413885,"date":"2020-02-07T22:00:18","date_gmt":"2020-02-07T22:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=413885"},"modified":"2024-06-11T13:41:39","modified_gmt":"2024-06-11T13:41:39","slug":"research-firm-btc-fundamentals-strengthening-ahead-of-bitcoin-halving","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/research-firm-btc-fundamentals-strengthening-ahead-of-bitcoin-halving\/","title":{"rendered":"Research Firm: BTC Fundamentals Strengthening Ahead of Bitcoin Halving"},"content":{"rendered":"
In case you missed it, the supply of new Bitcoin hitting the market will drop this year. The event, known as the Bitcoin halving, will see the number of Bitcoin rewarded to miners per block fall to just 6.25 from 12.5.<\/p>\n
With the industry eyeing the upcoming Bitcoin halving, the crypto research firm Weiss has increased Bitcoin’s rating to an A-. The ratings agency cites improving fundamentals and positive price action as the reasoning behind the upgrade.<\/p>\n
Weiss Crypto Ratings<\/a> has just bumped Bitcoin up a grade. The firm now deems the number one crypto asset as “excellent”, giving the asset an almost perfect “A-“.<\/p>\n #Bitcoin<\/a> upgrade: The Weiss Crypto Rating for #BTC<\/a> is now A- (excellent), thanks to improving fundamentals and positive price action ahead of Bitcoin's next halving.https:\/\/t.co\/vyb8wxympt<\/a><\/p>\n — Weiss Crypto (@WeissCrypto) February 7, 2020<\/a><\/p><\/blockquote>\n\n