The impact of Bitcoin's upcoming halving ๐โ๏ธ; Credit card delinquencies rise in Q1 2024, signaling prolonged recovery ๐ณ๐; Is Revolut now worth 45% more?! ๐ค
FinTech is Eating the World, 18 April
Hey Everyone,
Good morning! Today weโre going to look at the impact of Bitcoin's upcoming halving (what itโs all about, what can we expect + some bonus reads), credit card delinquencies that are on the rise in Q1 2024 (what it means & whatโs next), and question whether Revolut is now worth 45% more (latest revaluation & why it means so little + some bonus reads). Letโs jump straight into the fascinating stuff ๐ถ
The impact of Bitcoin's upcoming halving ๐โ๏ธ
The news ๐๏ธ Bitcoin is fast approaching its fourth halving event, expected to occur on April 20, 2024, and both the cryptocurrency and TradFi world is unsurprisingly abuzz with different thoughts and speculations.
The halving, a quadrennial event that reduces the block reward for miners by 50%, is a fundamental part of Bitcoin's design, ensuring a controlled supply and increasing scarcity over time.
Letโs take a look at this and see why it matters.