Blog
28.08.2024
The European Union has introduced its first regulated euro-pegged stablecoin in compliance with MiCA regulations. This stablecoin, named EURI, represents a significant step forward in the development of digital finance in Europe. It was issued by the European payment bank Banking Circle, headquartered in Luxembourg. EURI is the first electronic money token created and backed by a bank according to European crypto-asset regulation standards.
25.08.2024
El Salvador continues to capture the attention of the global community with its unconventional approach to cryptocurrencies. Since Bitcoin was recognized as official currency in this small Latin American country, the authorities have persistently followed their strategy of accumulating digital assets, despite all the fluctuations in its value. Amid global financial uncertainty and debates about the future of cryptocurrencies, the Salvadoran government not only continues to increase its Bitcoin reserves but is also actively developing infrastructure for their use. This ambitious plan has both supporters and critics, but one thing is clear—El Salvador is willing to take risks for long-term benefits.
22.08.2024
In today’s digital world, where social media plays a key role in communication between brands and their customers, account security is becoming increasingly important. However, even the largest companies are not immune to cyber threats. The recent incident with McDonald’s demonstrated just how vulnerable even globally recognized brands can be. The hack of the company’s official Instagram account to promote a fake meme coin served as a reminder of the risks modern technologies pose and how easily user trust can be manipulated.
15.08.2024
Michael Saylor, the founder and chairman of MicroStrategy, remains confident in the future of Bitcoin, once again confirming its status as a strategic reserve asset. Saylor’s recent statements followed a significant move by Marathon Digital Holdings, a leading cryptocurrency mining company, aimed at increasing its Bitcoin reserves.
15.08.2024
The growth of the leading cryptocurrency might be supported by the increasing issuance of stablecoins, according to Marcus Thielen, the founder and CEO of 10x Research. He believes that the ongoing issuance of major stablecoins like Tether and Circle could signal the influx of fresh capital from institutional investors into the cryptocurrency market. Over the past week, approximately $2.8 billion worth of stablecoins have been issued, which Thielen interprets as a bullish indicator for Bitcoin. However, he emphasizes that for Bitcoin to experience sustained growth, favorable macroeconomic conditions in the U.S. alone won’t be sufficient. Real cash inflows through stablecoins will be required.
09.08.2024
Cryptocurrency transactions have long been an integral part of the modern financial world, offering users fast, convenient, and decentralized ways to exchange and store funds. However, with the growing popularity of cryptocurrencies, the number of fraudulent schemes aimed at stealing funds from unsuspecting users has also increased. One of the latest scams, involving the use of QR codes, has become a serious threat to cryptocurrency wallet owners. Bitrace, a company specializing in blockchain technology research and analysis, has issued a warning about this new scam.
07.08.2024
Until 2024, the European cryptocurrency market operated on the principle “everything that is not explicitly prohibited by law is allowed.” Market participants enjoyed a high degree of freedom due to the lack of clear regulatory rules. Authorities in most countries believed that cryptocurrencies should adhere to traditional market regulations and did not require separate legislation. For example, Gary Gensler once stated that all cryptocurrency assets, except BTC, are securities.
06.08.2024
The world of cryptocurrency is constantly evolving, adapting to new trends and demands. One of the most intriguing and unconventional phenomena has been the emergence of political memecoins, also known as PolitiFi. These digital assets merge memes and politics, creating a unique category of cryptocurrency that captures the attention of both the crypto community and politically active citizens.
02.08.2024
Bitcoin, the first and most well-known cryptocurrency, continues to spark lively discussions and debates among financial analysts and investors. In a world where digital assets are becoming increasingly significant, expert forecasts gain particular importance. One such analyst is Willy Woo, whose predictions and analytical conclusions always attract considerable interest. In his latest assessment, Woo presented an intriguing scenario where the minimum price of Bitcoin could reach $700,000. His analysis is based on a number of key factors, among which the support from major institutional investors plays a crucial role. Let’s examine in detail what conditions are necessary for such a scenario to materialize and what prospects lie ahead for Bitcoin.
31.07.2024
In recent days, the cryptocurrency market has once again been in the spotlight, showing significant fluctuations in the prices of major digital assets. While Bitcoin continues to hold the leading position, its sharp price changes have a significant impact on the entire cryptocurrency ecosystem. The influence of external factors, such as government actions and high-profile statements, has become a catalyst for these changes. Below, we will examine the latest events that have led to noticeable changes in the price of Bitcoin and other leading cryptocurrencies, as well as their implications for investors and traders.