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...
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...
Unfortunately, the first quarter of 2025 has already injected disorder into the cryptocurrency marketplace. Many investors today are unsure whether this correction marks a simple cycle hitch or the beginning of a more profound retreat. This year’s analysis digs further into the factors behind markets’ stellar performance. It explores Bitcoin’s...
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...
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,...
The news is out: OpenSea is diving back into Solana, this time with tokens leading the charge. Dogwifhat and Fartcoin are just the opening act, with Solana NFTs primed and ready to take us to the main event. Let's cut through the hype. Or is this the latest in a...
Sounds like a recipe for disaster. We’ve watched this film before – the consequences of deregulating our markets into financial disaster. Remember the 2008 crisis? That wasn’t due to overregulation, people. It was caused by too little. Now, they’re proposing a “token safe harbor” and it smells like a Trojan...