The next Bitcoin halving is planned for 2028, considering that this procedure, where the rate of issuance is adjusted and miners’ rewards are halved, occurs every four years.

This mechanism was defined this way from the protocol’s inception and “sets the pulse of the available supply and is closely followed by investors, developers, and analysts in the ecosystem.”

The previous halving took place on April 20, 2024, when “the reward dropped from 6.25 BTC to 3.125 BTC per block.” In the process, “the only constant is the threshold: when the network reaches another 210,000 blocks, the halving will be executed automatically.”

Previous halving dates were:

• 2012: 50 BTC to 25 BTC
• 2016: 25 BTC to 12.5 BTC
• 2020: 12.5 BTC to 6.25 BTC
• 2024: 6.25 BTC to 3.125 BTC

The halving is an important process that directly impacts three areas: supply, mining, and market behavior. In 2028, when the next halving occurs, “the reward will be reduced again, and the rate of new BTC creation will be even lower. With each cycle, Bitcoin approaches its maximum limit of 21 million units, reinforcing its deflationary design and the rigidity of its supply.”

M.Pino

Source: cripto247

(Reference image source: Kanchanara on Unsplash)

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Footballer Cristiano Ronaldo and Binance announced this Wednesday the launch of their fourth NFT collection, called “Forever Worldwide: The Road to Saudi Arabia.”

The first round of launch occurred this May 29, with locations such as Madeira, Lisbon and Manchester. “The vibrant artworks by Portuguese artists Katt Phatt (representing Madeira) and Rodrigo Doin (Lisbon) represent the place where Cristiano Ronaldo’s journey began.”

Fans have the opportunity to acquire this piece from the beginning of his history in this sport. This first release also includes an NFT artwork by Manchester artist John Sheehan, in tribute to his rapid rise in Manchester.

Next June 6 is the second launch, where the city of Madrid will also be a mandatory stop on this tour through NFTs, in addition to Turin and Saudi Arabia. The designs of the Spanish artist Lisett Ledón will represent her “unprecedented success” in the Spanish capital. This piece encompasses his passion for the Spanish League, “while the artist Pasquale Garibaldi (Italy) will capture his time in Turin, celebrating his legacy in Serie A and Italian football. Finally, Saudi artist Shaker Kashgari has designed an NFT to mark Cristiano Ronaldo’s final and most recent chapter in Saudi Arabia.”

Introducing my newest NFT collection which launches today on #Binance.

Forever Worldwide: The Road to Saudi Arabia celebrates my football journey, with artwork created by artists in Portugal, Manchester, Madrid, Turin and Saudi Arabia.
To find out more click here:… pic.twitter.com/84hWreGj3e

— Cristiano Ronaldo (@Cristiano) May 29, 2024

It will be a delight for fans, who will take a tour of CR7’s career: Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia and Portugal, according to Binance.

The last phase of this launch is an auction at the end of June when interested parties will be able to access a very special limited collection of 7 Super Super Rare (SSR) NFTs. Designed by local artist Mr. Dheo, the limited collection “pays tribute to Cristiano Ronaldo’s unwavering dedication to his native country and can be purchased through an online auction from June 14 to 18.”

Starting June 11, superfans who have collected all the NFTs in the collection of this fourth Ronaldo release will be entered to win one of the special NFTs for free.

“Priced at $35 at all locations except the limited SSR NFTs, the collection introduces a ‘Collect to Earn’ mechanism to access the utilities and benefits of the NFTs.” It means that collectors can start earning rewards from the first purchase of a Forever Worldwide NFT, “including vintage t-shirts, football tickets, signed and printable posters and the possibility of sending questions that Cristiano will answer in a video made especially for holders of NFTs.”

Another important information, taking into account how special Portugal is for the athlete, is that “holders of the rare NFTs from Portugal will receive an exclusive experience with Cristiano himself, which includes a trip to Riyadh, a ticket to a match of football, followed by a personalized moment of celebrating a goal with Cristiano.” The auction for it will be on June 14; and the four highest bidders will win this rare NFT.

M.Pino

Source: ambito

(Reference image source: @AlNassrFC_EN, X)

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La entrada Cristiano Ronaldo launches new NFT collection apareció primero en Bitfinance.

The companies Mastercard and Bakkt signed an agreement to integrate payments in cryptocurrencies, allowing the clients of the network to buy, sell and hold digital currencies in the Bakk wallet. Thus, the users of the platform have the possibility to “earn, spend and reward” in cryptocurrencies with “credit and debit cards and through loyalty programs.”

Sherri Haymond, executive vice president of digital partnerships at Mastercard, pointed out that the company wants to provide its customers with the ease of encryption services, which is why all partners, banks, merchants or fintechs, can now “buy, sell and hold cryptocurrencies through an integration with the Baktt platform already have the possibility.”

With this alliance, banks will be able to keep their clients with their respective capital and avoid migration or exchanges to cryptocurrencies. It is important to note that the integration takes place after the Bakkt platform began its listing on the New York Stock Exchange.

Overcoming gaps

The integration of crypto services and the Mastercard network could become a link to bring the crypto market closer to the traditional payments industry and thus bridge the gap between traditional and cryptocurrency payments. It could also impact the way US investors use their crypto assets and attract new customers.

Nancy Gordon, Executive Vice President of Payments and Loyalty Rewards at Bakkt, said: “As brands and merchants seek to appeal to younger consumers and their transaction preferences, these new offerings represent a unique opportunity to meet growing demand. of flexibility of cryptography, payments and rewards.”

The measure will also make it easier for merchants, and restaurants in particular, to design reward strategies where the traditional points offered to their customers for acquiring their products and services can be exchanged for crypto, minimizing barriers to entry into the digital industry.

M. Rodríguez

Source: diariobitcoin.com

La entrada Mastercard and Bakkt partner to integrate digital currencies to their payment network apareció primero en Bitfinance.