A few days have passed since the Bitcoin halving but what has changed? The inflation rate of Bitcoin has now fallen which is less than the inflation rate of most fiat currencies. The price of BTC is moving around $9500 again. 🚀
Prices are as of 9.30 a.m EDT.
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Where do you trade your crypto?
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The United States Patent and Trademark Office (USPTO) published a patent application entitled "digital fiat currency". Visa International has filed for a cryptocurrency system patent that aims to replace physical cash. The system utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem.
Miners close down
The third Bitcoin halving is cutting the bonus paid to miners to 6.25 BTC per block. According to industry leaders, up to 30% of Bitcoin mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards.
Still under lockdown? Check out Cryptopia
The three-time award-winning filmmaker, Torsten Hoffmann, is back and launched the cryptocurrency-infused documentary "Cryptopia: Bitcoin, Blockchains and the Future of the Internet." Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well-known movers and shakers. If you had enough of Netflix, just visit the official website and watch the movie for a ticket price of $5.88 (5.40 euros) or 0.0007 BTC.
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