Bitcoin, the most well-known and most traded cryptocurrency, has recently undergone a significant decline that has reduced its value to $38,460, a significant slowdown from its recent two-year high of $49,051. Although the price is struggling to recover, the short-term oscillators are showing a strong downward bias, which raises technical concer...
The world's most famous cryptocurrency, Bitcoin, experienced a nearly 100,000-crore drop in its value, falling below the 900,000-crore mark on Tuesday. Other cryptocurrencies have also suffered this significant drop, as data from specialist server CoinMarketCap shows. In recent months, cryptocurrency prices have been rising mainly in anticipa...
The long-running lawsuit between the US securities regulator (SEC) and Ripple has just entered a new phase that has surprised many and appears to be over. The SEC has decided to withdraw part of the lawsuit, resulting in a positive reaction in the cryptocurrency market. However, the situation is far from definitive. Bitcoin prices recently tr...
For two years, bitcoin has been official currency in El Salvador. Salvadorans working abroad and also give millions of residents access to financial services. Neither of these purposes is being fulfilled by bitcoin, reports Radio France Internationale, citing AFP. Moreover, the country has lost sixty million dollars because of the fall in its ex...
More than a year after its originally planned launch, Jacobi Asset Management is now officially launching the first spot Bitcoin Exchange-Traded Fund (ETF) in Europe. The fund is available on the Euronext exchange in Amsterdam. Bitcoin ETF becomes a European reality It can be found on the Euronext exchange under the listing symbol BCOIN. The...
To promote the acceptance of digital currencies for making payments and transfers - this is the main reason why the American payment company PayPal Holdings has decided to actively enter the world of cryptocurrencies. On Monday, it revealed its own stablecoin called PayPal USD, it will be abbreviated as PYUSD and pegged to the US dollar. PayP...
Bitcoin - and other cryptocurrencies, of course - have new competition. One of today's biggest IT celebrities, namely OpenAI CEO Sam Altman, is behind the ambitious project called Worldcoin. He was the man behind the birth of the ChatGPT phenomenon. Altman himself presents Worldcoin as "a cryptocurrency with a revolutionary approach". Unlike ...
The digital wallets hacked belonged to the Military Intelligence Service (GRU), the External Intelligence Service (SVR) and the Federal Security Service (FSB). He could have either infiltrated their hacking team or been part of it. According to The New Voice of Ukraine, a hacker gained access to the Russian security services' bitcoin. Analyst...
Bitcoin mining needs massive quantities of power. Blockware Solution, in collaboration with SEVA, will build a massive solar-powered mining farm in abandoned West Virginia coal mines. Bitcoin mining firms may be found all over the world. The basic issue is the enormous amount of energy they consume, which is why some firms are attempting to a...
