Experts explained the potential of investing in the first cryptocurrency in the long term, as well as gave recommendations on buying the asset and its storage
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El Salvador's government debt market felt selling pressure as bitcoin fell below $44,000. On the same day, a law recognizing bitcoin as a legal means of payment went into effect, Bloomberg writes.
The market for non-interchangeable tokens has received a new impetus. Now the NFT fever has started in China as well, with large companies and organizations already joining in. Investment firm Sino Global Capital says the sector is "growing rapidly," mostly in China.
Cryptocurrency analyst Michael van de Poppe noted 5 altcoins that have excellent growth potential in September
Two cryptocurrency trends stood out last year and this year: NFT and DeFi. Billions of dollars have poured into sectors that many didn't know existed before. The Piplsay platform conducted a survey among Americans and Brits to see what users thought of NFT today.
Nigerian economist Gospel Obele has called for uniform regulations for regulating cryptocurrencies so that they can complement digital currencies of the Central Bank.
NFT tokens have virtually endless possibilities for use in real-world applications, despite the fact that they are now most often thought of as digital collectibles.
Edward Snowden, an American technician and special agent and former employee of the CIA and the U.S. National Security Agency, shared his views on the adoption of Bitcoin in El Salvador. He believes that other countries should definitely follow suit and accept the flagship crypto-asset as a legal tool for making payments. Snowden notes that states will later regret that they made this decision too late.
Documents published by the U.S. Securities and Exchange Commission shed light on the case against fintech company Ripple and the status of the XRP token
Vast Bank will provide services for buying, selling and storing cryptocurrencies directly from the user's current account. In addition, experts have speculated about the coming wave of integration of digital assets into U.S. government agencies.
There are many applications, platforms, apps on the cryptocurrency market with a variety of functionality, profitability, development dynamics. Many of them are similar in their structure, but there are some that are unique. The cloud mining service NicaHash can be attributed to them. Cryptocurrency news periodically mentions it, pointing out that this service is one of the most famous in the field of mining.
Blockchain, the digital recording technology behind Bitcoin, seems to be on everyone's radar these days. Blockchain has revolutionized every industry, from pharmaceuticals to jewelry, and one of its latest targets, the online gaming industry, is expected to be no exception. Consider the key trends that blockchain will bring to the industry.
Financial regulators around the world attacked the major cryptocurrency exchange Binance. Some have banned certain activities, others have pressed for a lack of licenses for certain types of work.