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One of the biggest falls in the history of the crypto industry took place on Friday 13/03/2020. The Bitcoin exchange rate fell more than twice in just a day by -52% in 24 hours. One of the forefathers of the cryptocurrency updated a new local minimum on this day, which was equal to $3600 per coin.

The volatility of cryptocurrencies is not very encouraging for sellers of goods. If Bitcoin can lose 70% of its value in a few days, then accepting it as payment is very risky. Let's add to this the ambiguity in the legislation and problems with the tax authorities.

Those who bought bitcoins sometimes think about where and how to spend them correctly. With cryptocurrency, you can go to a hardware store, clothing store, have lunch in a cafe or restaurant. But what do you say to the offer to travel for cryptocurrency?

According to the Ministry of Finance of Ukraine, transactions with cryptocurrency are subject to verification by the anti-money laundering service.

According to the Nonprofit Tech for Good report, cryptocurrencies are becoming more popular thanks to donations. The number of organisations accepting charitable donations in this way has doubled compared to last year. But despite this growth, cryptocurrencies make up only 2% of all donations.

Competent holders of cryptocurrencies evade taxes, looking for new loopholes in the law, and the states do not have time to come up with appropriate measures.

Bitcoin has given its investors a Christmas miracle – since yesterday, the rate of the first cryptocurrency has risen to $ 8,000, overcoming several resistance points.

Almost all experts are sure that after the halving in May, mining will become much less profitable.

The regulation of cryptocurrencies in Ukraine began with a "prohibitive" law. The adoption of the law can be attributed to historical events, since Ukraine became the first in the CIS to legalise the terminology of the cryptocurrency industry.