After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing. Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This…
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The rapidly evolving cryptocurrency ecosystem is entering a new phase in 2023, with incoming regulations in the U.S. and European Union. Bitcoin (BTC) had a bumpy ride throughout 2022, along with the rest of the digital asset market. The cryptocurrency began the year exchanging hands around $46,700 and is currently trading over 64% down at…
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DeFi had several key moments through 2022, but how is it expected to evolve in 2023? Decentralized finance (DeFi) is defined as any product or service offered by the Web3 world that helps users conduct financial activities such as payments, borrowing, lending, investing, trading and staking. Several Web3 use cases, including DeFi, GameFi, SocialFi and…
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Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the…
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While 2022 proved catastrophic for investors across traditional and crypto markets, the crypto ecosystem’s potential has shined through the cracks of inflation and centralized custody of assets. Stepping into the year 2023, it’s time to pause and reflect on the accomplishments and struggles the global crypto community witnessed over the last 365 days. Starting from…
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Talent in the Brazilian cryptocurrency and blockchain space is in no short supply. In 2021, the Brazilian cryptocurrency market gained more investors, reached the Brazilian stock exchange and “punctured the bubble” of the mainstream, becoming an important part of the investment portfolio of ordinary Brazilians. In addition to strengthening the crypto community in Brazil, the…
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Between the bull market, the NFT craze and DeFi taking off, 2021 was an interesting year for Latin America. In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as…
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Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country. For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible. In a more dynamic economy…
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Here’s what blockchain industry insiders foresee in the development of the blockchain and crypto space in the new year of 2022. Yat Siu of Animoca Brands Yat is the executive chairman and co-founder of Animoca Brands, which delivers digital property rights to the world’s gamers and internet users, thereby creating a new asset class, play-to-earn…
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Here’s what industry insiders foresee in the development of the blockchain and crypto space in 2022. Simon Peters of eToro Simon is a crypto analyst at eToro, the world’s leading social trading platform, which offers both investing in stocks and cryptocurrencies. “While we could potentially see a bear market in 2022, with more countries considering…
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