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.…
Last night, news broke that the United States military completed an overnight drone-based airstrike at the Baghdad airport that killed one of Iran’s top officials, and shortly after Bitcoin spiked by 5%.Fears that retaliation for the assassination could fuel a war between Iran and the US, have caused the prices of certain assets to move,…
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…