remains

Everyday bitcoin usage in El Salvador remains low: study

Everyday bitcoin usage in El Salvador remains low: study

After all the hype about El Salvador making bitcoin legal tender, how many people are using the cryptocurrency to make everyday purchases through the country’s Chivo bitcoin wallet? A new research study based on interviews with 1,800 Salvadoran households suggests that the number is not very high.  “Leveraging this data, we document how, despite the …

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El Salvador's finance minister says the country is ready to issue a bitcoin bond, but the launch date remains unclear

El Salvador’s finance minister says the country is ready to issue a bitcoin bond, but the launch date remains unclear

advertisement El Salvador’s finance minister says the country is “ready” to issue its first so-called bitcoin bond, but still waiting for the right moment to do so. The Central American country previously estimated it could launch the $1 billion bond between March 15 – 20. Finance minister Alejandro Zelaya said today the government is ready …

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Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend

Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend

On Wednesday, we recapped how Tesla’s bitcoin acceptance and Coinbase’s direct listing helped send bitcoin’s price to a new all-time high near $65,000, which turned out, in hindsight, to be the market peak. Today, we’ll show how some traders and investors began to cash out in April and May as concerns mounted over U.S. capital …

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Why Bitcoin's impact on Latin America's unbanked remains 'fairly limited'?

Why Bitcoin’s impact on Latin America’s unbanked remains ‘fairly limited’?

Over the years, while cryptocurrencies, namely Bitcoin has explored different use cases, one of the strongest narratives Bitcoin has been part of involves providing a financial avenue for the world’s unbanked population. This has been demonstrated in developing markets in which a substantial demographic continues to not have access to the country’s financial infrastructure or …

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