Yet another government official is waking up to Bitcoin’s significance beyond its role as an asset. Rand Paul – Republican senator and well-known libertarian – recently questioned whether “cryptocurrency” could become the world reserve currency. As Bitcoin gains traction and legitimacy around the world, this reality grows ever-more plausible. Weakening Trust in Government Money Rand Paul aired his thoughts in an interview with Axios on Friday. The senator surmised that as trust in government decreases, “cryptocurrency” could “actually become the…
Tag: Altcoins Gaining
Top Altcoins with the Most Potential For 2022
In 2017, altcoins became a thing when thousands of Bitcoin competitors flooded the market. Today, many altcoins have evolved beyond expectations and are stand-alone products with unique real-world applications. Furthermore, they provide an opportunity for investors to diversify their portfolios. Identifying the best cryptocurrencies to invest in can be overwhelming for most newbies, primarily since thousands of them exist. We bet you're having difficulty finding the most promising altcoins in the crypto space. So, this article should help you get…
1 week ago
The Crypto Market Treads a Decline as Bitcoin Trades Below the $40,000 Mark
The global cryptocurrency market cap faces a decline, with today’s market cap at $1.54 Trillion, a 3.30% decrease from yesterday, Tuesday. However, despite the decline, investor confidence is still strong overall in the market. Some of the cryptocurrencies contributing to this decline are Bitcoin and other correlated altcoins. Ethereum, on the other hand, is in the lead with a gain of about 14.19% over the last week. Bitcoin is currently trading at around $38,973.58, while Ethereum is at $2,617.22. Bitcoin…
3 months ago
