The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador. Months after Bitcoin (BTC) became legal tender in El Salvador, a study conducted by the National Bureau of Economic Research (NBER) shows that 20 percent of businesses have started to accept BTC as their payment method.  The study,...Continue Reading

The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases. AXIA, the team behind the novel message-to-earn approach of AXChat, announced the mainnet launch of its blockchain and native currency on Thursday. The new network is designed to provide a “hyper-deflationary” economic model in which the cryptocurrency becomes more and...Continue Reading

Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright. Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets.  Propy customers can now put up digital assets as...Continue Reading

The measure comes along with a proposed ban on advertising of non-licensed crypto services. Russia’s Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country’s Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators...Continue Reading

Okay Bears, a Solana-powered NFT topped OpenSea’s 24-hour sales charts on Thursday, whilst a South African fine-wine NFT auction takes off netting raising more than $180,000. Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer.  It’s the...Continue Reading

The story of the 28-year-old engineer who took a loan out against his Bitcoin to pay for his mom’s house. There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a Bitcoin (BTC) loan helped his mom to buy a house. Alan told Cointelegraph that he took out a Bitcoin-backed...Continue Reading

Where Bitcoin price action is going next involves a potent cocktail of whales, moving averages and macro triggers, Material Indicators says. Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns. In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone...Continue Reading

The world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies. BlackRock has officially launched a blockchain focused ETF, that provides investors with exposure to the crypto and blockchain industry without needing to directly own digital assets.  On Wednesday, the world’s largest asset manager, which currently...Continue Reading

“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth. In a closing keynote interview at...Continue Reading

Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD. The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just released discussion paper about its retail...Continue Reading