Global financial markets can’t get enough of speculation. In our interview published in Universal Newspaper on February 7th, we commented on the speculation and manipulation of global stock markets through GameStop. Speculation in the financial world; it is defined as investing money in a financial investment vehicle with the expectation of high returns or engaging in short-term financial trading activities […]

How Is Cryptocurrency Sent and Received?

You’ve most likely heard of cryptocurrencies at some point, even if you didn’t pay a great deal of attention to it. Bitcoin (BTC) is by far the most well-known crypto thanks to its frequent appearances in the news due to its rapidly surging and falling prices. The current price for one BTC at the time of writing is $9,661, but this value […]

Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021

Bitcoin hit a fresh all-time high Friday as investors continued to scoop up some of its limited supply. The ether futures market also hit records as derivatives traders check out the second-largest cryptocurrency by market capitalization. Bitcoin (BTC) trading around $39,304 as of 21:00 UTC (4 p.m. ET). Gaining 0.64% over the previous 24 hours. Bitcoin’s 24-hour range: $36,579-$41,962 (CoinDesk 20) BTC below the 10-hour but above the 50-hour moving average […]

How the Salvadoran bitcoin standard will work

According to the legislative text, under the new law “every economic agent must accept bitcoin as payment when offered to him by whoever acquires a good or service”: a straightforward definition of what it means to be a legal currency. “Tax contributions can be paid in bitcoin,” along with all other legal obligations, and “exchanges in bitcoin will not be subject […]