Technicals suggest Bitcoin is still far from ideal for daily payments – Cointelegraph

It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship crypto’s use as a medium of exchange has been on the rise.

To this point, recently, the central bank of El Salvador revealed that its citizens living abroad have sent over $50 million…


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