In 2021, El Salvador became the first nation in the world to accept bitcoin as legal tender. Countless citizens protested the move, crypto investors celebrated it, and the rest of the world watched with interest, eager to see what happened next.
The recent explosion in Bitcoin price reflects a new wave of buying from institutional investors, demarcating a new era in adoption. We don't know, and can't say, when it will end, but one thing is clear - the trends are pointing in the right direction to further legitimise Bitcoin, and cryptocurrencies in general, as an investable asset class.
Cloudbet continues to lead through innovation, adding LINK to its stable of currencies available. This is the sixth new coin launched in as many months. Here we take a closer look at the digital token used to pay for services on Chainlink's decentralised oracle network.