Cryptocurrencies are here to stay. As we find ourselves in the digital transformation, accelerated by the COVID-19 pandemic, the topic of cryptocurrencies no longer should focus on their stereotypes, or if they are a worthwhile investment but rather on how we can educate and integrate cryptocurrencies into our everyday lives.
Estonia could become the first country in the world with virtual currency, the Estcoin. The problem is that the country’s official currency is Euro and membership in the Eurozone does not allow having any other parallel cryptocurrency.
Bitcoin reached a new record height as its market price is now more than USD 7000. Despite the fact that hard times are awaiting Bitcoin in the following weeks, it is going to divide again. Technically speaking, the so-called “hard fork” phenomenon is about to happen.
Despite being in the midst of holidays, it does not seem like a festive season in the world of cryptocurrencies. Several notable occurrences meriting attention were captured worldwide in recent weeks, predominantly in Russia, North America, and Europe.