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Bitcoin’s halving, Telegram expands blockchain initiatives, and BTC futures in Brazil

The Hash Insider

Geopolitical tensions have continued to exert pressure on crypto markets. Midweek, bitcoin (BTC) dipped to as low as $60,000 but recovered, leading to relatively flat performance for the week. By week's end, BTC ticked up 0.5%, and ether (ETH) rose 2.0%. The Nasdaq Crypto Index (NCI) moved up 1.0%. With two weeks left before month end, the crypto market is striving to achieve its eighth consecutive month of positive performance.


Bitcoin completes fourth halving, ushering in new era 

Bitcoin completed its fourth halving after the creation of the 840,000th block on April 20, 00:09:27, reducing the subsidy for successful miners to 3.125 BTC per block. Following the halving, the BTC price remained stable, though transaction fees surged significantly due to the implementation of a new fungible token protocol known as Runes. Last week, our research team hosted a webinar and published a comprehensive guide to discuss and explain the implications of this major development on the Bitcoin network.


Telegram plans to support tokenized emojis and stickers NFTs

At the Token2049 conference in Dubai, the founder of Telegram, Pavel Durov, unveiled ambitious plans to tokenize platform features, distribute ad revenue among users, and integrate Tether’s stablecoin into Telegram’s TON blockchain. Durov projects the blockchain-based advertising market could reach values in the tens of billions of dollars, benefiting a wide range of users from large group chat owners to content creators with a substantial share of the revenue.


Brazil’s stock exchange B3 set to launch crypto services for institutional investors

In addition to introducing bitcoin futures contracts to the stock exchange last week, B3 has announced plans for proprietary custody of digital assets for other firms. The CEO of B3 Digitas revealed the launch of a crypto brokerage exclusively for institutional clients such as banks and asset managers. The initiative aims to provide a regulated investment environment with thorough pre-analysis of all tokens offered.



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