{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"GSR's Rich Rosenblum digs into bitcoin's upcoming halving","html":"","width":"100%","height":180,"duration":2729,"description":"In 19 days, the number of bitcoin released with each block reward will drop from 12.5 to 6.25, a 50% cut in supply.\nThis will be the third halving in bitcoin's lifetime and it has market participants across crypto speculating about the potential ramifications. Namely, whether it will result in a pop in bitcoin's price or whether it is priced in.\nIn this episode of The Scoop, we welcome GSR Trading co-founder Rich Rosenblum to dig into the halving. Rosenblum, who spent ten years at Goldman Sachs trading oil, kicked things off with the firm's transition from a programmatic trading firm in a retail driven market into a broker offering bespoke products to help miners hedge their risks.\nWe also discuss: \n\nThe fundamental difference between oil and bitcoin in terms of supply and demand dynamics \n\nThe similarities between mining operators and shale producers\n\nThe reason why U.S.-based \"institutional\" offerings have failed to launch while the Asian derivatives market has taken off\n\nHow trading firms and market participants are preparing for the halving, and, of course, whether it is priced in \n\n\nEpisode 14 of Season 2 of The Scoop was recorded remotely with Frank Chaparro and Rich Rosenblum, co-founder of GSR Trading. ","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}