Unlike traditional or fiat currencies, which have historically lost value due to inflation and government printing, Bitcoin is designed to be inflation-free, with a circulating supply of up to 21 million BTC. With a halving every four years, Bitcoin’s rate of new issuance decreases over time until the last bit is mined, probably around 2140.
Author: Crypto Flexs
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Live streaming allows viewers around the world to watch their favorite sports games without geographical barriers. Using this technology, sports organizations have a unified global fan base and have become a key tool for engaging a wider audience. The digitization of sports, the emergence of dedicated streaming platforms, and the integration of social media have made the live broadcast of sporting events and the interactivity of the experience more accessible. The fandom of sports brands has made not only fans but also their sports experiences more interesting. This has helped sports leagues and athletes gain new revenue streams and marketing…
Dubai, UAE, April 20, 2024, Chainwire XVC Tech has invested in TradeTogether, a leading Web3 asset manager based in Singapore. XDC Network is a venture capital firm founded by the founder of blockchain. XDC Network’s ecosystem includes RWA dApps focused on private credit (TradeFinex), trade finance (XDC Trade Network), tokenized gold (Comtech Gold), and tokenized US Treasury bonds (Yieldteq powered by Tradeteq) . “TradeTogether approached XVC with a focus on compliance, which is key in sectors such as private credit and trade finance,” said Ritesh Kakkad, co-founder of XVC Tech. We believe the use cases for the XDC network will…
Dallas Mavericks owner and ‘Shark Tank’ host Mark Cuban noted that Bitcoin miners will be affected by the halving, but he is more interested in the potential impact of AI.When asked about the significance of Bitcoin halving, Cuban told The Block: “It’s just going to make it harder for miners to get paid.” With half-life mining rewards From 6.25 BTC -1.75% At 3.125 BTC, this cuts miner profits by almost half.“But the really interesting question related to halving is the GPU market,” Cuban said. “Miners need more power. There is unprecedented demand from AI for GPUs. Will that distort the…
XRP erased some of its losses, but data suggests it may not be enough. Some traders bought the dip, but the shorter EMA indicated a downtrend. After falling from $0.59 to $0.43 between April 13 and 17, the price of XRP was retested and broke the psychological resistance of $0.50 on April 18. In fact, at the time of writing, the value of the altcoin rose 5% in 24 hours to $0.51, thanks to the Bitcoin halving. Although this is cause for optimism, on-chain data shows that the recovery may be short-lived. To assess this contention, AMBCrypto looked at the…
The Reserve Bank of New Zealand said the proposed digital version of the country’s physical cash would provide universal access to central bank funds, whether in physical or digital form. According to the central bank, the digital version will not only be government-backed but will also be denominated in local currency. Universal Access (…)
Boxing legend Mike Tyson has partnered with a blockchain project for boxers Ready To Fight. According to a press release, the strategic partnership comes as Ready To Fight (RTF) prepares to list its RTF token on four cryptocurrency exchanges. Tyson joined the platform as a brand ambassador to “revolutionize the boxing ecosystem.” “As an important endorsement of RTF’s mission to revolutionize sports, boxing legend Mike Tyson has joined the platform as a brand ambassador. “Tyson’s legendary status and global appeal will greatly expand RTF’s reach to captivate and inspire boxing enthusiasts around the world.” A team ready to fight The…
Telegram co-founder and CEO Pavel Durov announced the plan at Token2049 Dubai. The tokenization project uses the TON blockchain. Toncoin price rose as TON Foundation and Tether partnered to bring USDT to the TON blockchain. Telegram has taken an important step in the adoption of blockchain technology with new efforts announced today. Token2049 Dubai. Pavel Durov, co-founder and CEO of the popular messaging app, revealed the next steps on Friday. According to Durov, the company’s tokenization journey now includes plans to tokenize Telegram stickers and emojis into non-fungible tokens (NFTs). Telegram Plan Tokenized Stickers Telegram’s plans follow the notable success…
Inverse Bitcoin ETF is a financial product that provides the opposite return rate of Bitcoin, the underlying asset. As the price of Bitcoin falls, the value of the ETF rises.How does a reverse spot Bitcoin ETF work?Inverse Bitcoin ETF uses derivatives to move in the opposite direction of the Bitcoin price. When the price of Bitcoin falls, the value of the ETF increases, and when the price of Bitcoin rises, the value of the ETF falls. This allows investors to profit from falling Bitcoin prices without having to short the asset directly.Inverse ETFs are generally designed for short-term trading and…
We are very excited to announce that. BONK, Dimension (DYM), JTO (JTO), Jupiter (JUP), Polygon Ecosystem Token (POL), Wormhole (W) and Dog We Pot (WIF) Now available on Kraken for UK residents! Funding and Transactions BONK, DYM, JTO, JUP, POL, WIF and W funding and trading take place in real time. Go to: Add tokens to your Kraken account. fundingSelect an asset and tap deposit. Make sure you deposit your tokens on a network supported by Kraken. Deposits made using other networks will be lost. Do you have BONK, WIF or W? And what about the Kraken account? ⤵️ BONK,…