U.S. investment data firm Weiss Ratings upgraded Bitcoin’s rating to A-, citing upcoming halving and strong price performance
Further in the future, the creation of new blocks will only be compensated with the transaction fees and new coins will not be created anymore.
As Cointelegraph reported yesterday, major United States-based cryptocurrency exchange Coinbase recently said that halving will move Bitcoin closer to being digital gold. The firm noted:
“Armed with a myriad of technological advantages, accelerating development, and maturing global market, Bitcoin is a store of value to rival gold in the digital age.”