Bitcoin
The rise of Bitcoin and other cryptocurrencies has sparked a fascinating question: could Bitcoin one day replace the US dollar as the world's dominant reserve currency?
Bitcoin underwent its fourth halving in April 2024, decreasing the reward for mining a block of Bitcoin from 6.25 BTC to 3.125 BTC per block. This event was embedded in Bitcoin’s code since its creator, Satoshi Nakamoto, released it into the world.
Bitcoin dominance is a crucial metric in the cryptocurrency market, representing a mathematical formula that calculates Bitcoin’s market cap relative to the total market cap of all cryptocurrencies combined.
Cryptocurrency has emerged as a revolutionary concept in the world of finance. These decentralised digital currencies are designed to be used over the Internet, offering an alternative to conventional banking systems.