
IMF Warns El Salvador Of Bitcoin-Related Risks
El Salvador remains the only country to have made Bitcoin a legal tender, but global financial institutions are against the move.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
El Salvador remains the only country to have made Bitcoin a legal tender, but global financial institutions are against the move.
The cryptocurrency market has lost more than 10% of its value over the past two weeks as bears take control.
The leading cryptocurrency continues to struggle below the $60k level as the broader market sheds over $300 billion in a week.
A new survey by Ernst & Young reveals that nearly 1/3rd of hedge fund managers plan to invest in cryptocurrencies in the coming months.
The NFT space has experienced massive growth in recent months, and investors are starting to troop into the market.
The DeFi space has grown to become a $200 billion sector, but it has also experienced a high number of scams and thefts over the past year.
CRO, the native coin of the Crypto.com exchange, reached a new all-time close to $0.60 earlier today.
Bitso, the leading cryptocurrency exchange in Latin America, is looking to make it easier for Mexicans to send and receive money from the United States.
The Indian government is planning to ban cryptocurrencies as means of payment but will regulate them as assets.
Crypto.com is one of the leading cryptocurrency exchanges in the world, and it has been spending big on sports sponsorships in recent months.
Twitter is one of the leading companies supporting cryptocurrencies, but it might not be ready to invest in cryptos yet.
Bitcoin has dropped below the $60k level for the first time in weeks as China attacks Bitcoin mining again.