The Montana State Senate has passed a bill to protect crypto miners from potential actions against the industry, which could overturn a Missoula County zoning law that was one of the first in the US to target mining. The proposed…
DBS, the largest bank in Southeast Asia, has announced record-breaking bitcoin and ether trading volumes on its digital asset exchange in 2022. The bank’s crypto exchange platform saw a surge in bitcoin trading volume of almost 80% YoY and a…
Bitcoin, the world’s largest cryptocurrency with the ticker symbol BTC, has experienced a drop to $23,751. However, the adoption of Bitcoin by El Salvador has resulted in the establishment of a “Bitcoin Embassy” in the United States, further expanding its…
PayPal, a leading global payment provider, ended 2022 with $604 million worth of cryptocurrencies in its possession, primarily consisting of Bitcoin and Ethereum, which made up almost 90% of the total figure. The company reported to the U.S. Securities and…
The world of cryptocurrency is currently facing a tumultuous state, with prices fluctuating wildly and uncertainty looming over the industry. But it’s not just crypto that’s in a mess; the global economy is facing a crisis of its own. In…
Marathon Digital, a leading publicly-traded bitcoin miner, has sold 1,500 bitcoin in January, in an effort to monetize the current rally in the cryptocurrency market. This move marks the first time the company has ever sold any of its bitcoin.…
A billionaire cryptocurrency enthusiast may have received a less-than-warm reception when proposing the widespread adoption of Bitcoin to Sri Lanka. Tim Draper, a Silicon Valley investor, was in Sri Lanka to shoot an episode of his “Meet the Drapers” TV…
The Bitcoin blockchain has now become a unique historical record, as it can now store a variety of digital assets, including games. The recent Taproot upgrade and the Ordinals project have enabled the storage of unique assets on the blockchain,…
The acquisition of Burling Bank by LevelField Financial is considered to be great news for the crypto industry as it will bring bitcoin closer to the traditional banking system. With LevelField becoming the first FDIC-insured bank to offer both traditional…
Despite ongoing uncertainty over FTX customers’ lost funds, an ongoing criminal trial of Sam Bankman-Fried, and the Crypto Winter’s continued impact on deflated coin values, ARK Investment Management remains optimistic about Bitcoin’s future. Bitcoin is currently trading at: [crypto coins=”BTC”…