The impact of Bitcoin's upcoming halving 💎⚒️; Credit card delinquencies rise in Q1 2024, signaling prolonged recovery 💳📈; Is Revolut now worth 45% more?! 🤔
FinTech is Eating the World, 18 April
Hey Everyone,
Good morning! Today we’re going to look at the impact of Bitcoin's upcoming halving (what it’s all about, what can we expect + some bonus reads), credit card delinquencies that are on the rise in Q1 2024 (what it means & what’s next), and question whether Revolut is now worth 45% more (latest revaluation & why it means so little + some bonus reads). Let’s jump straight into the fascinating stuff 🌶
The impact of Bitcoin's upcoming halving 💎⚒️
The news 🗞️ 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.
Let’s take a look at this and see why it matters.