April 27, 2024

US cryptocurrency regulation won't stop bitcoin adoption

US cryptocurrency regulation won't stop bitcoin adoption

Bloomberg's Lead Commodities Strategist Mike McGlone shared his thoughts on the current state of affairsgold, US dollar and bitcoin.

This was done on the anniversary of the abolition of the Bretton Woods system: 50 years ago, on August 15, US President Richard Nixon untied the US dollar from gold, thus ending the system that started in 1944.

Bloomberg's senior commodity strategist believes that the rapid digitalization of money and finance is proceeding "quickly and organically," with the dollar continuing to dominate and bitcoin gradually replacing gold.

According to McGlone, current and future regulation of cryptocurrency in the US will not be able to prevent widespread adoption and use of bitcoin.

The expert tweeted that this yearthe flagship cryptocurrency (digital equivalent of gold) is still on track to hit the $ 100,000 mark. He believes that the bullish growth of BTC will begin in the second half of 2021.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 FTX https://ftx.com 7.5
3 Bybit https://bybit.com 7.2
4 OKEx https://okex.com 7.1
5 Exmo https://exmo.me 6.9

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Platform capabilities- availability of additional features: futures, options, staking, NFT, etc.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

US cryptocurrency regulation won't stop bitcoin adoption

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