When a government decides to restrict what people can do with their own money, there is usually some backlash. Argentina is doing exactly that to prevent capital flight as the local currency crashes. The move is likely to encourage more people to use Bitcoin to circumvent the restrictions as they have done in other nations.…
Think back to the peak of they 2017 hype bubble and recall the dismay of investors who either missed out on buying Bitcoin cheaper, or regretted not buying more of the then skyrocketing crypto asset. Then the bubble burst, the price of Bitcoin crashed well over 80%, giving crypto investors the chance they had hoped…
The blockchain is an immutable record. Companies like Chainalysis make a living out of interpreting that data, extracting value and insights from the numbers. And on-chain analysis reveals that crypto is now “a truly global phenomenon.” The data comes from Chainalysis’ 2021 Global Crypto Adoption Index. The people that really need crypto, qualified as “emerging…