Digital currencies

1. Online Gaming

Many governments have attempted to ban or regulate Bitcoin with little success. While China banned all cryptocurrencies in 2021, making Bitcoin illegal in the country, other countries have not been so successful. While most countries still do not consider Bitcoin a legal currency, they have allowed its use.

Cryptocurrency critics, including economists and researchers, will gather in London and online this week to get their message across to regulators about the booming but volatile sector.    

Bitcoin is up around 1% in 24 hours to $20,400. Ethereum added 3.2%, while other top 10 altcoins gained between 0.7% (Dogecoin) and 2.8% (XRP). Buyers have braced themselves on the back of positive stock indexes despite the strengthening Dollar. 

On Thursday, Bitcoin was down 1.1%, ending the day at around .5K, despite a buoyant stock market performance. Selling resumed on Friday morning, pushing the price back to .9K.
The observed divergence is bucking the trend of close correlation that has developed over the last few days.

A top EU financial regulator has renewed calls for a bloc-wide "ban" on the main form of bitcoin mining and sounded the alarm over the rising proportion of renewable energy devoted to crypto mining.

The information denied 5 years ago by Ivan Geshev - then only the head of the special prosecutor's office, that Bulgaria "arrested" over 200,000 bitcoins in 2017, appeared in the latest report of one of the largest cryptocurrencies in the world - Kraken.

One thing to know before purchasing Bitcoin is that values can fluctuate drastically. Hype, speculation, and celebrity whims are some of the things that drive this fluctuation. While some people have made significant returns from their Bitcoin investments, others have lost big time. However, this shouldn't hinder you from venturing into crypto investment.

The rollout of e-wallets has made purchasing and payment methods much more accessible for customers across the globe and they can store discounts and coupons applicable to different products. They use convenient processes that retain customers. The need to go cashless has propelled the growth of e-wallets over the years.

JPMorgan's CEO Jamie Dimon blasted crypto and bitcoin yet again. The JPMorgan executive argued about the real value of cryptocurrencies and his take on the cryptocurrency world in an interview. Dimon stated that the latest bull market in cryptocurrencies was created by a lot of liquidity in the system, which then leads to speculation. Dimon declared: