Crypto News: Wirex Adds IBAN - Bitcoin Halving in 3 Days

IBAN for WirexApp

With IBAN, that means you can use Wirex as a local/international bank account.

Crypto Tickers

Calmest momenet before storm.

SBD is still being printed.

Bitcoin Halving in 3 Days

Bitcoin's halving is approaching, with this milestone event to take place in April. In this halving, the block reward for miners will be reduced from 6.25 BTC to 3.125 BTC. Here's why crypto enthusiasts have their calendars marked:

📈 Historical Precedence of Price Changes
In 2012, BTC gained 10% in a month after its first halving and grew from around US$600 to US$2,000 in the year after its second. It reached an all-time high at the end of 2020, months following its third halving.

💱 Increase in Market Activity
In the past, halvings have brought interest and participation to the cryptocurrency space, which could mean there will be more market opportunities this time as well.

🪙 Inflation Rate Stays Controlled
Halvings decrease the supply of new BTC over time. Coupled with BTC's finite total supply of 21 million coins, its overall inflation rate is kept in check.

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