Under the terms of the proposal, Panama City’s municipal government would begin to accept payments in cryptocurrency for taxes, permits, fees, and other municipal services. This historic move makes Panama City the very first governmental public institution to adopt cryptocurrencies. Although citizens can pay their taxes with Bitcoin, Ethereum, and...
Panama City is taking a pro-cryptocurrency approach, with a different, more localized focus. The city’s government will be able to accept Bitcoin, Ethereum and stablecoins for payments of taxes and other city-issued fees. There's a catch: all crypto payments will be immediately converted to U.S. dollars. This approach to cryptocurrency...
The idea of Panama City accepting crypto for taxes and fees isn’t quite as far-fetched as it seems. Bitcoin, Ethereum, even stablecoins like USDC – it’s a headline grabber. Before we uncork the champagne and declare Panama the new El Salvador – hold on a second. Unsurprisingly, this action does...
Panama City accepting crypto? Sounds futuristic, right? Wrong. It’s more bureaucracy on top of a system that’s already flushed with cash. Oh, double, as in, they aren’t even really accepting crypto, they are just immediately cashing it back into USD! It’s akin to throwing a great new paint job on...
Remember the early days of the internet? The dream of this decentralized utopia, untethered from the whims of gatekeepers? DeFi was the latest iteration of that fantasy, saying it could offer financial freedom for all. Unfortunately, dreams and ideas rarely match up with reality. The Q1 2025 market crash has...
We know the first quarter of 2025 was the worst for crypto. Put aside the late 2024 hype. Market cap disintegrated, trading volumes cratered, and even Bitcoin, the perennial darling of all things crypto, didn’t hold up—underperforming gold and USTs. While the crypto-evangelists will scream "volatility" and "buying opportunity," I...
The cryptocurrency market experienced a significant downturn in the first quarter of 2025, with the total market capitalization dropping by -18.6% to $2.8 trillion. Bitcoin’s dominance almost hit 59.1%. Its price, though, fell 11.8% to end at $82,514 although it hit an all-time high of $106,182 in January. Ethereum’s market...
Even OpenSea, the most popular Ethereum NFT marketplace has expanded onto Solana support. Now, if you’re one of the eligible users in the OS2 closed beta program, you can buy & sell Solana-based tokens. This encompasses the trendiest of memecoins, such as Fartcoin (FARTCOIN) and Dogwifhat (WIF). This integration is...
OpenSea has now made the official announcement that Solana NFTs will be returning to the world’s largest NFT marketplace in the coming weeks. This news comes on the heels of OpenSea adding Solana token trading. It’s the most recent step in the platform’s continued evolution to deliver a truly seamless,...
Has OpenSea completely sold its soul for a lackluster quick buck? This is something I’ve been want to write about ever since I listened to them integrate Solana first. That very first pitch centering around memecoins still burns brightly in my memory. You know the types – $WIF and, ahem,...