Bitcoin price dropped below $40,000
Recent reports have indicated the Federal Reserve will again raise interest rates. The stock market reacted negatively to this information, and the price of bitcoin…
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Crypto
The market capitalization of cryptocurrencies fell below $2 trillion
After recovering $2 trillion at the end of March, cryptocurrency market capitalization returned below this threshold. This decline was influenced by today's bearish…
Norma Torres views El Salvador’s pro-bitcoin policy as “gambling”.
Representative Norma Torres introduced a bill that aims to look at El Salvador's legislation on accepting bitcoin for payment.Bitcoin as a form of payment is…
Cathie Wood prefers the Cash App because of their cryptocurrencies approach
Cathie Wood, founder of Ark Invest, said she trusts Cash App's Lightning Network payment system more than PayPal's.PayPal is not Wood's favorite appDuring…
The FCA announced that CEX.IO and Revolut could only operate in the UK temporarily
The Financial Conduct Authority (FCA), the UK's counterpart of the Polish Financial Supervision Authority, has declared that CEX.IO, Revolut, Copper, Globalblock,…
Janet Yellen spoke about how the U.S. government will regulate the cryptocurrency market
Janet Yellen, the United States Secretary of the Treasury, recently delivered her first speech devoted solely to cryptocurrencies. She cited five historical lessons…
Bitcoin may be legal tender in two more regions
The autonomous area of Madeira in Portugal and Prospera, a jurisdiction on the Honduran island of Roatán, are allegedly planning to make bitcoin the official…
Blockstream and Block will build a Bitcoin mine using Tesla technology
Blockstream, a cryptocurrency storage business, and Block Inc. (previously Square) announced the development of a solar-powered bitcoin mine in Texas on Friday. It…
Fabio Panetta presents new EU proposals on CBDCs
An executive member of the European Central Bank (ECB), Fabio Panetta, recently presented the results of a study on CBDCs.Panetta discusses CBDCA European…
AVAX is to be acquired by Terra for $200 million
After buying more than $1 billion worth of bitcoin in the last few weeks, Terra decided to take an interest in other cryptocurrencies as well. Both Terraform Labs…