![]() According to Delphi Digital, a portion of this capital could easily end up in bitcoin, or in a stablecoin that managed to maintain value through the pandemic. Why Brazil? According to Cointelegraph, Brazil’s central bank reduced its interest rate to 3% and that, combined with the fact Brazilian real is drastically losing its value, will simply push investments away. Is this enough for the new bull run? With the decreased supply, everything comes back on, well, demand.Īnd this demand will probably come from the countries struggling with financial crises, such as Brazil. The basic numbers say – bitcoin was trading for $8,500 around halving time, and at the moment of writing, its price is almost $9,500. Interestingly, what these two previous events had in common is the fact that, after them, the BTC price skyrocketed. And if you were wondering how many halvings are left, the answer is – this is meant to be happening until 2140. As you probably already know, we had one halving in 2012 and the other in 2016. ![]() Yes, it happened! The third-ever BTC halving occurred earlier this week, thus cutting the miner block reward from 12.5 BTC to 6.25 BTC. If you are anxious to learn more about these key topics in the crypto industry, you’ve come to the right place! Buckle up, it’s Roundup time! In any case, we have other updates, too – two major subreddits launch their tokens on Ethereum blockchain, CBDC developments in Europe, and crestfallen end of the story for Telegram’s TON. Symbolically, in this major edition, we have one of the most important occurrences in the industry – the BTC halving, and we are going to reflect on that event shortly, of course. It has been a true honor for me and the Anchor team, and we would like to say thanks for your support! ⚓ Wow, guys! Weekly Crypto Roundup celebrates its 40th edition this week! For 40 weeks in a row, we have been summing up the most important news for you, fellow Anchorians, and we will relentlessly continue to do so. Two Subreddits Launch Their Tokens on Ethereum.
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