On April 19, 2024, the Bitcoin network underwent its latest halving, a significant event that reduces the reward for mining new bitcoins.
This event is part of a predetermined cycle set every four years, fundamentally designed to control the inflation of Bitcoin and extend its issuance over a longer period.
Cryptocurrencies are digital or virtual tokens that use cryptography to secure and verify transactions and to control the creation of new units.
Basically, they’re a new type of currency that operates independently of any central bank.
Short-term crypto investments are good for a number of reasons.
Firstly, they’re usually more liquid than long-term holdings. That allows you to buy and sell your position more quickly and easily.
The past year has shown how volatile the economy is and there really is no end in sight.
People are rightly worried about their financial future and are looking for ways to keep their money safe.
Based on market cap alone, Cardano is now the world’s third-biggest cryptocurrency.
Although currently, it receives less media attention than its rivals Bitcoin and Ethereum however this could soon change.
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