Bitcoin just hit a record high, soaring above $69,000 for the first time since November 2021. This surge comes as demand for the cryptocurrency has spiked in recent weeks, following the approval of spot bitcoin ETFs in the U.S. […]
On Monday, cryptocurrency prices hit new lows as a result of regulatory worries and a general investor reluctance to engage in risky assets due to impending interest rate increases. The market value of Bitcoin, the largest cryptocurrency, dropped roughly […]
An affiliate of the company behind collapsed stablecoin TerraUST said on Monday it had spent the bulk of its reserves trying to defend its dollar peg last week, and would use the remainder to try to compensate some users who […]
Today in El Salvador, delegates from Pakistan and 43 other countries convened to discuss Bitcoin adoption and other concerns relating to the digital economic framework. International media outlets reported on Tuesday that officials from each country’s financial institutions and […]
According to the Financial Times, the creator of cryptocurrency exchange FTX believes bitcoin has no future as a payment network and has attacked the digital currency for its inefficiency and huge environmental costs. The “proof of stake” network is […]
Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly […]
Tesla Inc, Block Inc, and Blockstream Corp, a blockchain company, will work in Texas to mine bitcoin using solar power, Blockstream CEO Adam Back announced on Friday. Tesla is providing the solar power infrastructure as well as its Megapack […]
