It is a big event for cryptocurrency investors around the world. When a big money like ‘Bitcoin’ is about to happen, the important phenomenon of ‘Bitcoin Halving’ happens once every 4 years, and this time is also the 4th time.
First, let’s get to know a bit about ‘Bitcoin Halving’.
Bitcoin Halving is the process of halving a miner’s block reward. or simple words of understanding The number of Bitcoin blocks mined will be halved from 6.25 BTC to 3.125 BTC, limiting the supply of Bitcoin every 4 years.
This reduces the amount of Bitcoin mining rewards. It will go against the demand for more Bitcoin coins. And as a result, the price of Bitcoin may soar as well.
However, there are only 12 hours left in the ‘Bitcoin Halving’ phenomenon in the countdown timer (since 4:00 pm on April 19, 2024).
Bitkub Exchange predicts that the Bitcoin Halving will be successful early in the morning. At approximately 4:00 am on April 20, 2024, Thailand time.
The number of blocks before the halving was 90, with the current number of blocks being 839,910.
In terms of numbers,
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Global Policymakers Struggle As U.S. Dollar Surge Fuels…
The Impacts and Solutions of the Strong US Dollar on Global Economies
As the world’s finance ministers gather in Washington this week, one topic has been coming up over and over, which is the surge in the value of the US dollar against most other major currencies.
Impacts on Global Economies
The stronger dollar has weakened other major currencies, fueling inflation in countries that have already been struggling to bring down prices. This situation also makes dollar-denominated debts overseas more difficult to pay off; this is particularly hard on emerging markets because it can essentially choke economic activity.
- “Many Asian nations have seen even bigger swings,” as stated by Axios – The South Korean won is down 6.1% against the dollar so far this year, for example; according to calculations by Bloomberg, “the Taiwanese dollar this week has been at its lowest level against the greenback in eight years.”
In some countries like Indonesia, there are hard questions about whether to intervene and prop up their currency as a means of arresting capital outflows.
Possible Solutions
“The European Central Bank does not target exchange rates … But obviously we look at it very carefully,” stated Christine Lagarde during an event at The Council on Foreign Relations.
A Russian Project Scares The United States To…
Russia – The United States is trying in various ways to obstruct the implementation of the huge Russian project in the Arctic Circle, “Arctic LNG-2,” while the global economy’s need for gas paints promising prospects for the project.
The Wall Street Journal expected, in a report, that the project would bring huge profits to Russia if many countries in the world abandoned the use of coal as an energy source.
The American newspaper pointed out that Washington, by imposing sanctions on the project, is trying to obstruct “Arctic LNG-2,” which is a strategic project for Russia.
The newspaper said that the United States, through a barrage of sanctions, is trying to disrupt the project and obstruct the project’s access to liquefied gas tankers.
In an indication of Washington’s fear of the project, the newspaper quoted US Assistant Secretary of State for Energy Affairs Jeffrey Pyatt, saying, “The role of the United States is to ensure the death of the ‘Arctic LNG-2’ project.”
The report pointed out that global economies abandoning coal in favor of blue fuel will lead to a rise in global demand for liquefied gas, and this is accompanied by Russia’s intention to increase its production of liquefied natural gas by more than three times.
PRIVATE COMPANIES Solutions For The Reimbursement Of Expected…
An unblocking of the situation is expected. Private sector companies express the desire to find solutions for the reimbursement of Value Added Tax (VAT) credits. The Madagascar Business Group (GEM) informed President Andry Rajoelina of this during their meeting with the Head of State.
In a letter, this professional group explains that concrete solutions are expected in relation to this situation “by the end of April”. Currently, several companies are affected by this situation of VAT arrears which are still unpaid. Resolving the situation will be saving and “vital” for these private sector companies. Some are victims of the situation and the international economic situation, causing them to be overwhelmed by astronomical production costs.
“The payment of State arrears to private companies, mainly VAT credits, is vital because this situation where billions of ariary are blocked significantly compromises the situation of companies, particularly in terms of creation of jobs, investment and exports,” explains the GEM in its letter.
A situation brought to the attention of the President, who thereby assured the State’s support for the private sector during his meeting with his representatives. Previously, the right to reimbursement of VAT credits has long been the subject of numerous discussions between state officials and the private sector.
Aqeela: The Decision To Adjust The Exchange Rate…
Speaker of the House of Representatives, Aguila Saleh, said that the House Finance Committee approved the proposal of the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, to impose a tax on foreign exchange temporarily. To ensure exchange rate stability.
Saleh confirmed, in an interview with Libya Al-Mustaqbal Channel, that the decision will be issued soon with the possibility of amending it at any time, indicating the possibility of canceling or amending this tax in the future.
The Speaker of the House of Representatives added that some merchants receive dollar credits without supplying goods, in addition to the rise in the value of the dollar, which approached 8 dinars in the parallel market, pointing out that the great friend and some specialists informed them that if a certain tax is not imposed, the value of the dinar will decrease against the dollar and may reach To 13 dinars. By imposing this tax, the exchange rate will stabilize.
Aqila added that state-subsidized goods will not be affected by this amendment, and that it will ensure that dollars are pumped to all banks, while giving a deadline until the end of the current year, and that the surplus from the sale of the currency will be used to pay the public debt,
Bitcoin Halving Is Just Around The Corner. What…
#Bitcoin #halving #corner #impact #price #cryptocurrency #shoot #thousand #dollars #Executive #Digest
The world of cryptocurrencies is busy as the long-awaited Bitcoin halving is expected to take place between today and tomorrow. This event, which occurs approximately every four years, is considered one of the most important on the Bitcoin calendar, directly impacting its supply and demand.
“Halving” occurs every four years, when the amount of Bitcoins offered as a reward to miners is halved. This maintains a cap on the supply of Bitcoin and is often a factor behind a new rally.
With the next halving approaching, the reward for solving complex puzzles will increase from 6.25 bitcoins to 3.125 bitcoins.
Experts are divided on the immediate impact of the halving on the price of Bitcoin. Although it has historically been associated with increases in the value of cryptocurrency, the process is gradual and may take some time to fully manifest itself in the market. However, many analysts predict that Bitcoin could reach the historic mark of 100 thousand dollars in exchange rate,
New D&S Train Kanpachi Ichiroku Unveiled Connecting Hakata…
On April 19, 2024, the new D&S train (tourist train) “Kanpachi Ichiroku” connecting Hakata Station to Yufuin Station and Beppu Station was unveiled!
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“Kanpachi Ichiroku” is a train that runs in conjunction with the Fukuoka/Oita Destination Initiative. The name of the train comes from Mr. Kanpachi Aso and Mr. Ichiroku Eto, both of whom are historically associated with opening the entire Kyudai Main Line and creating the current Kyudai Main Line.
The Yufu Kogen Line runs through beautiful nature, and you can enjoy food, history, tradition and nature with all five senses.
According to JR Kyushu, the form of “Kanpachi Ichiroku” is “type 2R” → means a romantic car for two.
Each car is a car number
Car 1: “2R-16” Ichiroku Eto
Car 2: “2R-80” The cedar board is about 8 meters (7.88 m)
Car 3: “2R-38” Kanpachi Aso is the third generation of the Yoshika Sake brewery.
… apparently …
Article →https://t.co/mqicsp3AS3
— Railway Newspaper®︎ (@tetsudoshimbun) 19/4/2024
Car 1 Sofa seats, BOX seats, private tatami room
The theme is Beppu and Oita.
Schneider Electric Confirms Negotiations With Bentley Systems
by Verità&Affari editorial team
Schneider Electric, a French multinational active in the automation and energy management sectors, has confirmed that it has started negotiations with Bentley Systems regarding a potential strategic operation. The discussions remain at a preliminary stage and there is no certainty that the operation will be agreed, we read in a note.
The Wall Street Journal wrote that Schneider Electric is in talks to take control of engineering software company Bentley Systems in a deal that could be worth more than $15 billion, while Reuters wrote that Bentley Systems is exploring options that include a sale after attracting acquisition interest; Among the companies that have expressed interest in a deal with Bentley are Schneider Electric and Cadence Design Systems.
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