Three U.S. senators distrust the adoption of Bitcoin as legal tender in the Central American country. The president of El Salvador responded that his country is not a colony of the United States and asked the congressmen to stay out of the country’s internal affairs. Congressmen fear that the growingContinue Reading

Cryptocurrency analysts are a quirky, opinionated bunch. An article two weeks ago published on Insider.com — formerly Business Insider — cited the following price predictions from investment banking analysts: Goldman Sachs forecast BTC would reach $100,000 in 2022; JPMorgan had it at $148,000 last November but slashed it to $38,000Continue Reading

Popular fashion company Victoria’s Secret has filed four trademark applications regarding the metaverse and NFT-trading, attorney Josh Gerben shared in a Twitter post.  The famous lingerie brand plans to sell downloadable digital goods via virtual retail stores whereby it can trade digital collectibles via blockchain technology. Victoria’s Secret could potentiallyContinue Reading

Cryptocurrency regulations are tightening worldwide, thus several crypto firms, including Coinbase, Gemini, and Robinhood are looking for ways to compromise. The crypto exchange platforms are collaborating with the U.S. government to set up a platform that would meet U.S. money-laundering standards, Bloomberg reported. The platform TRUST, set up by aContinue Reading

Read in the Digest; Crypto Firms Unite on AML Initiative, Regulators Call Crypto Threat to Global Financial Stability Twitter Adds Ethereum Tipping Support, Users Can Send and Receive ETH NVIDIA’s Revenue Grows 53% to Beat Analysts’ Expectation for Q4 of 2021 Crypto Credit Card Use Skyrockets in Argentina as InflationContinue Reading

The exchange platform will allow its clients to collect funds deposited in cryptocurrencies in local currency. This pilot program seeks to capture part of this gigantic market fueled by Mexican workers abroad. From January to November of last year, money transfers to Mexico reached 46.834 million dollars. Coinbase Global announcedContinue Reading

Some famous investors firmly believe that cryptocurrency is the future of money, while other billionaires wish Bitcoin was never invented. Charlie Munger is the vice-chairman of holding company Berkshire Hathaway and a business partner of one of the world’s wealthiest personas, Warren Buffett. Munger has never been fond of cryptocurrencies, and atContinue Reading