Category News

Tourist boom in El Salvador due to Bitcoin

After the legalization of bitcoin in El Salvador began a real tourist boom. Against this background the revenues of this Latin American state’s treasury from travelers exceeded all expectations. According to the Minister of Tourism, Morena Valdés, in 2021, instead…

Cardano (ADA) price declines, but daily transactions rise

Good data on the chain has failed to improve Cardano’s price. Positive chain data hasn’t helped the price of Cardano (ADA), which has fallen 17.6% in the past week. Despite the fact that Charles Hoskinson’s (Cardano’s creator) blockchain has once…

JPMorgan opens a branch in the metauniverse

One of the largest banks in the world JPMorgan opened a virtual branch in the Decentraland metauniverse, becoming the first major financial institution that took such a step. The company explains it by the great potential of this direction. The…

OnlyFans started supporting NFT

Popular “18+” content subscription platform OnlyFans has added support for non-exchangeable tokens (NFT). Users are now allowed to set them as profile pictures. According to Reuters, only NFTs hosted on the Ethereum blockchain will be supported. Such avatars will display…

BTC price will rise according to a prediction

The BTC price until the end of the week will fluctuate between $34.8-41.3 thousand, as explained by the chief cryptocurrency strategist of TomiEx Anjey Kovalchuk, the trend to the fall of the rate will be suspended. “Technical levels are driven…

Cryptocurrency whales are actively buying ADA (Cardano)

Cryptocurrency whales (the biggest investors) are massively accumulating the ADA (Cardano) asset, which is one of the largest by capitalization. In January 2022 alone, the number of cryptocurrency wallets with 1-10 million ADA increased by 40.65%. This is reported by…

Fidelity Investments named the ideal cryptocurrency

Bitcoin is a one-of-a-kind asset that should be treated differently than other cryptocurrencies. It flawlessly blends the qualities of gold (rarity and durability) with the characteristics of fiat money (ease of use, storage and transportation). This is stated in the…

Bitcoin mining is 50 times more harmless than aviation

Bitcoin cryptocurrency is often criticized because of its high-cost mining technology, but the process consumes about 0.05% of the world’s energy. And the process is 50 times as carbon-emitting as aviation. That’s according to a new study by digital asset…

El Salvador Approaching Default Due to Bitcoin Collapse

El Salvador adopted bitcoin as its second official currency in 2021, but now the cryptocurrency, or rather the collapse of its value, is bringing the country closer to default. The state’s international debt is $800 million due next January. El…