The growth of Bitcoin to be globally, and widely accepted, took a huge boost last week when it officially became legal tender in a sovereign state for the first time. The South American nation of El Salvador has backed Bitcoin to be a big part of its economy, even stating it could mine the cryptocurrency using volcanos! The move in El Salvador means merchants will be decreed to … [Read more...] about After El Salvador BTC Could Be Held By Sovereign Wealth Funds Globally Says PrimeXBT Analyst Kim Chua
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The Future of Accounting with Blockchain Technology
When talking about disruptive technologies with the potential to change the world forever, it is impossible to ignore the impact of blockchain technology and how millions of people are eager to purchase bitcoin and cryptocurrencies. This unique technology is based on an immutable ledger capable of controlling, registering, and securing cryptographic transactions, in which all … [Read more...] about The Future of Accounting with Blockchain Technology
Know About the Emerging Uses for Blockchain Technology
The technology which started with cryptocurrencies like Bitcoin has emerged and gained full potential and is spreading immensely in the other industries too. Yes, you are right Blockchain Technology is what we are talking about. Blockchain is the distributed, decentralized, and virtual ledger, which is capable of logging all digital transactions like verifying and recording … [Read more...] about Know About the Emerging Uses for Blockchain Technology
PrimeXBT Dives Into DeFi Sector With Covesting Yield Accounts
The relatively recent influx in interest around decentralized finance in the cryptocurrency space has not only seen individuals looking to be a part of it, but also cryptocurrency businesses and service providers. There is excitement around DeFi, but there are also barriers to entry. The DeFi space, with its yield generating opportunities among others, may be attracting users … [Read more...] about PrimeXBT Dives Into DeFi Sector With Covesting Yield Accounts
Stablecoin 101: What It Is and How It Can Protect Your Money
Whether or not you have invested in the crypto world, odds are, you are still familiar with the words blockchain and cryptocurrency. For more than a decade now, cryptocurrencies and blockchain have been fighting to come out on top. Nevertheless, their prices soaring up one day and plummeting the next can make anyone apprehensive. While it is advised to keep your eyes peeled, if … [Read more...] about Stablecoin 101: What It Is and How It Can Protect Your Money