Paraguay joins a growing fraction of Bitcoin believers in Latin America, as emerging markets worldwide could be the next big frontier for cryptocurrency usage and mining. The South American country is set to unveil a crypto bill following Bitcoin’s success story in El Salvador, said Carlitos Antonio Rejala Helman, a deputy of the Nation and…

Centralized (CEX) and decentralized exchanges (DEX) are natural competitors in the cryptocurrency market. It’s somewhat surprising that from the very beginning quite centralized structures – crypto exchanges – have grown into real giants in what initially was (and by definition is) such a decentralized industry as the cryptocurrency. However, blockchain technologies are evolving, and so…

Non-fungible tokens (NFTs) have hyped the art market and adjacent industries this year, but their extreme volatility makes it still too early to say on the future of NFT.  According to one of the earliest crypto pioneers, Fred Ehrsam, most of NFTs in the market might lose their value in a few years. In an…

It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur, writes Nik Hoffman in Bitcoin Magazine. Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has…

Another decentralized finance (DeFi) protocol suffered a collapse in token value. The IRON Titanium Token, or TITAN, backed by billionaire Mark Cuban fell from over $60 to zero dollars on June 16 morning. Cuban has claimed he ‘got hit like everyone else’ after the token crash. The DeFi Titanium token in one day has dropped…

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…

A travel booking site Travala.com backed by Binance, the world’s largest cryptocurrency exchange, is launching Dtravel, a decentralized vacation rental service that could compete with Airbnb and gives homeowners a stake in the platform. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb and Expedia to launch a new service…