Approaching the upcoming Bitcoin halving in a few days, there’s widespread excitement. However, Bitwise Asset Management issues a cautionary note: the crypto market might be underestimating the event’s potential long-term effects. According to Bitwise, past Bitcoin Halvings, specifically the one scheduled for April 20th, have not lived up to the hype. Based on historical data … Read more
During a conversation with Tucker Carlson, the enigmatic head of Telegram, Pavel Durov, warned that advancements in surveillance technology could potentially threaten cryptocurrencies’ emphasis on privacy and security. Although more governments are getting involved in privacy issues, Telegram CEO Pavel Durov remains hopeful about the future. He believes that individuals can safeguard their privacy through … Read more
The Reserve Bank of New Zealand is looking into the possibility of issuing its own digital currency as legal tender, with research expected to continue until around 2030. The Reserve Bank of New Zealand is currently considering the implementation of a central bank digital currency (CBDC), or “digital money,” in response to advancements in money … Read more
In simple terms, starting from 2024, Canadian authorities will impose more stringent rules on businesses dealing with cryptocurrencies. This was announced through Canada’s federal budget. Beginning April 16, the proposed budget unveils the implementation of the Crypto-Asset Reporting Framework (CARF), an accepted system by the Organization for Economic Co-operation and Development (OECD) since August 2022. … Read more
According to a recent report from Bybit, a leading cryptocurrency exchange, the approaching Bitcoin halving could significantly reduce the amount of Bitcoin available for trading on exchanges over the next nine months. This reduction in supply is expected to result from the halving event, which will decrease Bitcoin’s issuance rate by half, making the digital … Read more