Happy Bitcoin halving! Web traffic for crypto exchanges drops and first Croatian BTC fund
Happy Halving!
A couple of days ago, the Bitcoin community celebrated the Bitcoin Halving. This event caused some funny and interesting statistics:
- The halving happened monday at 21:24 UTC
- Block 630.000 came in less than a minute after 629.999
- The inflation of bitcoin halved from 3,6% to 1,8%
- The block subsidy halved from 12,5 BTC to 6,25 BTC
Mining pools and other entities tried to tie messages to those two ‘famous’ blocks:
“Happy Halving! Best wishes of prosperity and freedom to all. Will,
Or:
“I hope covid-19 will end soon and world will be a better place. dog&cat forever,”
F2Pool hid a message in block 629.999 as well, referring to the Genesis Block and the message from Satoshi Nakamoto:
“NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue,”
Less web traffic for crypto exchanges
Crypto volumes on spot exchanges saw the first monthly decline in five months as the total legitimate volume dropped by 25.2% in April. At the same time, the open interest on derivative exchanges experienced an increase. The Chicago Mercantile Exchange even reached all-time highs
Binance.com took the first spot with 23.2 million unique visits, resulting in a market share of 23.2%.
Number two is Coinbase with 21.7 million unique visits. This exchange from San Francisco is the market leader in its home country America. The top 3 is completed by BitMEX with 8 million unique visits.
Source: The Block Crypto
First Croatian Bitcoin fund
The first Croatian Bitcoin fund has been approved by Hanfa, the financial regulator in Croatia. The Balkan state is the home for Bitcoin exchange Bitstamp and many blockchain developers.
The initiator of the bitcoin only fund is Griffon Asset Management, which targets family offices and (other new) people who do not yet have access to Bitcoin yet. State bank HPB will be the the asset manager, storing and insuring the BTC.
As described in Hanfa ruling, the passive fund invests exclusively in bitcoin. The initial investment period closes once total assets hit 1,000,000 HRK or 15 working days after the ruling, whichever comes first.
Give us a call on +31 85 2250 510 or email us at support@crypto2cash.com. Our members of staff are available between 9.00–18.00 CET to answer any questions you may have, especially in regards to easily selling your crypto for fiat currencies.
