European Central Bank has launched an unprecedented critique of Bitcoin in an article on its website. Ulrich Bindseil and Jürgen Schaff, both of the ECB Market Infrastructure and Payments Division, highlighted the failure of Bitcoin […]
The latest critique came from the top leadership at European Central Bank (ECB), who stated that Bitcoin’s value “is likely to be artificially induced” while adding that the crypto-asset is on a “road to irrelevance.” […]
Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX. Mazars, the accounting firm that worked for former United States President Donald Trump’s […]
The Bitcoin miners are in trouble as the bear market intensifies, whereas the shrimp addresses hit a new high. After a new all-time high of $69,000 in Nov. 2021, Bitcoin (BTC) has been in a […]
Two robbers reportedly deceived an Asian investor and his friend with a fake bitcoin scheme and stole nearly $50,000, three phones, and documents from them. The Criminal Court sent the wrongdoers to jail for three […]
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors […]
El Salvador President Nayib Bukele remains unperturbed during the deepening crypto winter. His economy minister has just submitted a bill facilitating the full legalization of cryptocurrencies. El Salvador Minister of the Economy Maria Luisa Hayem […]
Fundstrat’s head of research – Tom Lee – remains a bitcoin bull and believes the asset could serve as a proper investment tool for certain investors. He added in a recent interview that the entire […]
The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the Bitcoin hash rate over […]
Nayib Bukele, the President of El Salvador, ordered the creation of the National Bitcoin Office, an agency to handle all things Bitcoin. El Salvador has become the global face of Bitcoin adoption. It has been […]
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