Seven weeks. That’s the short amount of time in which Tesla accepted Bitcoin (BTC) as a payment method. Recently, in an announcement that nobody expected, Elon Musk (Tesla CEO) declared that his company will stop accepting the first cryptocurrency due to environmental concerns. This would be because of the amount of energy consumed to secure the Bitcoin network.

To strengthen his argument, Musk quoted the Cambridge Bitcoin Electricity Consumption ( CBEI). According to this chart, Bitcoin is consuming around 148 TWh annually, which is more than Sweden, Ukraine, or the Netherlands.

Bitcoin (BTC) has been doing it great this year, but it’s not the only one. Indeed, some cryptocurrencies are performing even better. We’re opening this month by receiving new All-Time-Highs (ATHs) for Ethereum (ETH) and Dogecoin (DOGE) as well. The first one surpassed the awesome mark of $4,197 per coin for the first time, while DOGE reached $0.73 in the previous days.

These figures represent a year-to-date (YTD) increase of over 474% for ETH and 14,500% for DOGE [CoinMarketCap]. Against the YTD increase of Bitcoin (121%+), we can say for sure these altcoins might have rendered more profits to their…

As you should know, the Non-Fungible Tokens (NFTs) are, in simple terms, collectible and thematic digital assets. They’re built with blockchain technology, the same as cryptocurrencies. However, they’re not spendable, and most are unique. Just like a work of art. And that’s it: just like artworks, the NFTs can be very expensive.

These digital artworks are resonating very loud lately. A lot of artists, celebrities, and even companies already have their own NFTs. …

It finally happened: WallStreetBets, the financial movement that started on Reddit, just launched its own DeFi platform. Let’s remember this was the team of Redditors who plotted to buy Gamestop stocks massively to pump its price last January. The event was, more than likely, to sabotage on purpose the bigger hedge funds.

Not long after, members of this group started to pump the price of Dogecoin (DOGE) as well. By February, CoinMarketCap did a parody token WSB, and someone even issued a bunch of real WSB tokens on the Waves blockchain. …

We had some nice prices, scares, and NFTs last April 2021. Some people won, some others lost, but the deals in the cryptocurrency world are far from ending. It’s important to stay up to date to make better financial decisions, though. So, let’s check the most remarkable events of the month.

On the markets

  • Bitcoin (BTC) reached another All-Time-High (ATH) of $64,800 back on April 14th. After that, it plummeted to a low of $47,700. The correction was probably due to several factors. …

Blockchain technology and cryptocurrencies are often associated with investments, but this is just the beginning of their potential. They can’t only serve to finances but also being an instrument to help others.

Due to the advantages that they can offer and that can’t be found in any other solution, the blockchain and digital currencies have been taken as excellent tools to improve the philanthropic sector, ranging from payment methods to donation transparency.

The advantages

One of the main benefits that this technology can provide in the charitable sector is the reduction of red tape and costs. Since it can handle a lot…

The hackers never take a break, and let alone if the cryptocurrency market is bullish. Your cryptocurrencies might be safe in your device or favorite exchange, but they always have their ways to steal the coins. A crypto-stealing malware disguised as a feature of Windows 10 is the last of those ways.

To be more specific, the hackers designed a fake website to download DirectX 12 in Windows 10. This pack of functionalities works to develop and run multimedia content, especially videogames. …

Cryptocurrencies can be a great investment, but that’s not all. Payments are their first reason for existence (they’re money, after all), so, you can actually pay with them in a lot of places and for a lot of services. Shops, entertainment, health, food, transport, lodging, you pick. And, believe it or not, pay your monthly bills with cryptos is also possible.

Energy, gas, Internet, phone, insurances, rents, and even credit cards and taxes are included in the available list to spend your Bitcoin and cryptos. Of course, you can always exchange for your local money in your favorite service, but…

Bitcoin and most altcoins seem to be bearish this Friday. The price of the first cryptocurrency has descended by over 26% since its last All-Time-High (ATH) of $64,800 back on April 14th. Indeed, we had today the lowest price in the whole month so far: $47,700 per token. It already bounced back to over $50k, though [CoinMarketCap].

Possible reasons behind this decrease might be related to the planned tax reform in the United States, the recent scam by the Turkish crypto-exchange Thodex, and the fall of the hashrate in Bitcoin mining.

In the first case, Bloomberg reported yesterday that president…

Alfacash Store is available to buy cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process. You’ll find there high liquidity, fast operations, and regulatory compliance. Since various regulations require crypto-licensed businesses to verify their users, Alfacash Store takes all adequate measures to prevent fraud and remain fully compliant with applicable AML/KYC regulations.

Now there is a new Premium verification level with higher trading limits, lower fees, and available for both EU/EEA nationals (residents) and users from other counties around the world.

Starting from April 2021, Alfacash Store users can easily verify premium accounts to start crypto-to-fiat…


We are an eight-year-old and duly regulated cryptocurrency exchange. We offer crypto-fíat and non-custodial transactions, and valuable knowledge in our blog.

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