The new “cryptospring” is here. Ever since the beginning of the year the graph for bitcoin rate in relation to dollar resembles a mountain range: starting at $ 20,000 in mid-December, the first cryptocurrency quickly reached 40,000$, slightly slower got to $ 65,000 and went down (though also unevenly). Now BTC price is hovering around…

MicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…

Central bankers are trying to reduce fears that their efforts to develop digital currencies (CBDC) might take business away from commercial banks. Benoit Coeure, the head of the Bank for International Settlement’s Innovation Hub, said in Stockholm on Wednesday that commercial lenders should consider central bank digital currencies (CBDC)  “as an opportunity that will enable…

The World Bank has rejected El Salvador’s request for help on the implementation of Bitcoin as a legal tender. After it comes, Bitcoin hovered below $40,000 on Thursday morning. In Wednesday’s announcement, the World Bank stated it could not assist El Salvador’s Bitcoin implementation because of environmental and transparency drawbacks. “We are committed to helping…