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 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…
The widespread adoption of cryptocurrencies may result in not just the expansion of digital currencies, but also a correlation between their value and traditional markets. Bitcoin and other altcoins may lose their investment appeal as a result of this. Cryptocurrency…
The fall in bitcoin and the reduction in the market capitalization of cryptocurrencies as a whole led to the fact that almost 25 thousand market participants got rid of the highly volatile asset. As a result, the number of wallets…
IMF urged to abandon cryptocurrency 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…
American billionaire Elon Musk once again provoked a rise of Dogecoin cryptocurrency. This time he promised to eat fast food from McDonald’s if the fast-food chain would approve payments in this cryptocurrency. Elon Mask will eat a Happy Meal on…
Pavel Durov, the founder of the popular messaging app Telegram, criticized the proposal of the Central Bank of Russia to introduce a general ban on various uses of cryptocurrencies. Pavel Durov said that a ban on cryptocurrencies would reduce the…
Stable cryptocurrencies – stable cryptocurrencies whose rates are most often pegged to conventional currencies (these include Tether, USD Coin, Dai and Basecoin, among others) – are better suited for everyday use than larger assets like Bitcoin. But despite this and…
Bitcoin (BTC) continues to experience lower and lower levels – the rate of the first cryptocurrency fell to $38,295, which is the level of a 6-month low. There could be several reasons for this behavior, including possible repressive actions of…
Google has decided to launch its own blockchain direction, and may issue digital cards that support cryptocurrencies. They will also support fiat, which is a common state currency such as dollars or euros. Bill Redi, Google’s commercial president, told Bloomberg.…