Can We Predict the Future of Cryptocurrency?
Bitcoin's value serves as a bellwether for public adoption and governmental sentiment toward the crypto industry in general. Bitcoin's wildly inconsistent value is one of the chief reasons many forms of digital assets are categorized as investment vehicles rather than legal tender in the United States. The U.S. Federal Reserve has made public no plans to implement a Central Bank Digital Currency, although it's obvious talks are happening. El Salvador officially recognized Bitcoin as legal, government-backed tender in a world first in September 2022. Read All