Pathik Bhattacharya is a Mechanical Engineer with 2 years of experience in crypto blog writing and analysis in TMC. He started as a freelancer in the industry. He's a Writer, Hindi-Urdu Poet, and a tech geek. Except for being a mechanical engineer, he's an all-rounder. He primarily writes on crypto price analysis and daily event-based crypto blogs. Pathik has spent a lot in cryptos since SNL and Elon Musk hyped the market and since then waiting for another rally to compensate for the losses.
Many restaurants and service providers like AMC and Airbnb and many more accept Bitcoin and other cryptocurrency payments. The revolutionary fiat payment system is somehow getting a slight challenge from this emerging sector.
The term "altcoin" is an abbreviation for "alternative coins," which simply refers to cryptocurrencies other than Bitcoin that acquired its status at the top before any other types of coins were produced on the blockchain. Let's look a little further at Altcoin.
Over 20 countries will take substantial measures toward launching a central bank digital currency (CBDC) by 2023. In 2023, Australia, Thailand, Brazil, India, South Korea, and Russia plan to continue or commence pilot testing.
The majority shareholder and cofounder of Hong Kong-registered virtual currency exchange Bitzlato Ltd were arrested on Wednesday by US authorities for allegedly processing $700 million in illicit funds.
XRP, the digital currency created through mining, is gaining traction and appears to be weathering all recessionary monetary storms. The Ripple transaction protocol (RTXP) was first introduced in 2012, and the company was renamed Ripple Labs in 2013.