In an amazing turn of events in digital money, Bitcoin did something really big! It ended a month higher than it ever has in its 15-year life. This happened right before a big ” halving ” moment in about 16 days when the amount of new Bitcoin made was cut down by half. This is a big deal because more people want Bitcoin than is available, especially since in March, a group that buys lots of Bitcoin got 66,000 of them, which is way more than the 28,000 made.
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- Bitcoin had its best month in 15 years, right before a big event that will make fewer new Bitcoins.
- More people want Bitcoin than Bitcoins are available, making it popular and possibly more valuable soon.
- Ethereum is also getting really popular, and a cool project is mixing old bank methods with new digital money methods.
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The Cryptocurrency Market Braces for a Monumental Shift in April 2024
It’s not just big investors getting into Bitcoin. Famous people like Michael Saylor and big companies also collect a lot of bitcoin to help run their businesses. This has made it harder to find Bitcoin to buy, which could cause its price to go high soon.
But the excitement isn’t just about Bitcoin. Other types of digital money, especially Ethereum, are becoming super popular. Ethereum is being used more than ever, with over 5 million people using it every week, and a lot of action is happening on a special part of it made by Coinbase. Big players like BlackRock are also getting involved with Ethereum, showing they believe it will do really well.
Moreover, a cool project between Chainlink and SWIFT (a big deal in the banking world) shows how old-school banking can work with new blockchain technology. This could change the way money moves around the world.
As all these exciting things are happening, we invite you to join our newsletter. It’s packed with the latest news and tips about digital money that could help you make smart choices. Whether you’re already into digital money or just curious, our newsletter has something for everyone. Sign up and see what’s waiting for you in the exciting world of digital money!
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