Crypto
El Salvador locals don’t understand cryptocurrency and are cashing out Bitcoins
El Salvador’s President Naib Bukele celebrated when Bitcoin reached an all-time high and surpassed the $100,000 mark. The fact is that Bukele made a big bet on the cryptocurrency. In El Salvador, Bitcoin has been legal tender since 2021. The … Read more
Crypto for financial inclusion – Case in point: El Salvador
The value and appeal of cryptocurrencies stems, among other things, from their versatility and broad applicability. Thanks to their advanced technology and innovative design, cryptos can be used in many different ways: as virtual currencies, to purchase an increasing variety … Read more
Crypto’s rising mainstreamness increases fraud cases, so how will you stay safe?
Hopefully, everyone realizes that 2024 has been more than generous with Bitcoin, Ethereum, and the broader crypto market, blessing investors with gains as high as 110% over the past year. The Bitcoin price chart shows the asset’s value has blasted … Read more
El Salvador puts crypto to the real test
El Salvador makes a special case in the crypto ecosystem as it boasts the title of the first country worldwide to make crypto legal tender and coerce businesses into taking it as payment for their services and goods, allowing taxes … Read more
Having An 80/20 Blend of Large-Cap & Mid-/Small-Cap Cryptocurrencies Is a Good Rule to Follow
It’s better to have a larger diversification of cryptocurrencies than to focus on just one because you risk missing out on the handful of good days in the market. Not all coins perform in the same way, and diversification allows … Read more
How To Gamble With Cryptocurrency?
The range of cryptocurrencies has broadened significantly beyond just payment methods or investment instruments. Cryptocurrencies have made a bombastic entry into the gambling space, showering a ton of perks. Now, you won’t have to wait weeks for payments. Banking, especially … Read more
Bitcoin’s journey as legal tender: What were the implications for El Salvador?
Latin Americans perceived Bitcoin as an interesting term, which has gained more noticeable traction in recent years and has been influenced by several regional political and financial factors. The idea of Bitcoin appeared in 2008, but the platform was launched … Read more