Bitcoin, the world’s largest cryptocurrency, experienced a drop below $26,000 in the past day, but quickly recovered above, settling around $26,070. Bitcoin has had a difficult month, with an 11% decrease caused by increased selling pressure and a lack of new market drivers.Currently, a back-and-forth battle is happening between those who…

Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month.The megabanks Sberbank and Tinkoff Bank also withdrew from the…

Following Binance’s suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called “Send Cash,” which enables users from 9 countries in the region to transfer crypto using Binance Pay.In its statement on Tuesday, Binance ‘Send Cash’ will enable users to swiftly transfer digital…

Bitcoin adoption in Argentina is surging, contrasting the more measured approach seen in El Salvador. As Argentina grapples with soaring inflation, its citizens are increasingly turning to Bitcoin, driven by economic challenges and political shifts.Bitcoin Adoption Finds Fertile Ground in Argentina’s Economy The economic climate in Argentina is proving to be…

Bitcoin jumped to a two-week high on Tuesday, August 29, after digital asset manager Grayscale won a lawsuit against the U.S. Securities and Exchange Commission (SEC).Bitcoin’s price gained $1,400 within the first hour after the news broke. The ruling by the U.S. Court of Appeals for the District of Columbia…

Over the course of the week ending 8/27, the Bitcoin market saw some dramatic changes. Bitcoin settled around $26,000 last week, slightly outpaced by the S&P 500 and Nasdaq, which registered a week-over-week increase of 0.8% and 2.3% respectively. What caught the eye of many investors, however, was the contrasting…

Blockchain security firm OpenZeppelin has announced the launch of its Defender 2.0, a security upgrade for numerous blockchain applications.OpenZeppelin helps integrate a security audit into blockchain-based algorithms called smart contracts. OpenZeppelin Contracts are reviewed and tested continuously in order to reduce the cyber risk associated with developing safe decentralized applications…

Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto assets.According to…

Leading hard-fork Bitcoin Cash (BCH) has fallen -5%, as price action continues to tumble amid tumultuous resistance from the 20DMA – is Bitcoin Cash going to zero?After more than 60 days of downside price action, BCH bag-holders are in a state of fear as market and media interest fleets from…

Bitcoin, the pioneering cryptocurrency, currently trades at $26,111, marking a modest increase of nearly 0.25% as of Tuesday. This price movement unfolds against a backdrop of mounting challenges in the Bitcoin mining sector, where miners grapple with soaring difficulty levels and hash rates that have touched unprecedented highs. Additionally, trading activity appears…