Opinion: Bitcoin will never replace fiat, unlike CBDCs
Former Greek finance minister Yanis Varoufakis told Greek Reporter in an interview that the limited issuance of the first cryptocurrency makes it unsuitable to replace fiat money.
Opinion: Bitcoin will never replace fiat, unlike CBDCs
Former Greek finance minister Yanis Varoufakis told Greek Reporter in an interview that the limited issuance of the first cryptocurrency makes it unsuitable to replace fiat money.
Hut 8 forecasts fivefold growth in its own hashrate
The hashrate of Hut 8 Mining, listed on Nasdaq, is forecast to rise by year-end from the current 1.2 EH/s to 2.5-3 EH/s, and by mid-2022 to 6 EH/s. Such estimates are laid out in the mining company's updated production plan.
Opinion: China’s era in Bitcoin mining has ended.
Miners are leaving China under government pressure and moving equipment to other regions. The era of China's dominance in this industry can be considered over, said Alejandro de la Torre, Poolin's vice president, in a ForkLog commentary.
Bitcoin hash rate sinks to July 2019 levels
Bitcoin's hash rate over the past 24 hours fell by 34% to 57.47 EH/s. According to Coin Metrics, the metric has not dipped below 60 EH/s since July 2019, when Bitcoin traded around $10,000.
Bitcoin should feature in every investor’s portfolio, says Mexican billionaire
One of Mexico's richest people and founder of the Grupo Salinas group of companies, Ricardo Salinas Pliego, explains why the first cryptocurrency should be included in investors' assets.
New York mayoral candidate pledges to turn city into a Bitcoin industry hub
One of the candidates for the New York City mayor's seat, Eric Adams, said he planned to make the city more friendly to technology and cryptocurrencies.
Trader flags Bitcoin price-support level
A practising trader and founder of the Crypto Mentors project, Nikita Semov, explains the current market situation.
Comment: Unknown whale buys 4,106 BTC as Bitcoin slides to $30,000
On June 21 and 23, an unknown whale bought a total of 4,106 BTC at an average of $32,977, bringing the balance to 115,120 BTC ($3.8 billion).
Athena to install 1,500 Bitcoin ATMs in El Salvador
American ATM operator Athena Bitcoin plans to deploy 1,500 devices in El Salvador, Reuters reports.
El Salvador to give each adult resident $30 in Bitcoin
The president of El Salvador, Nayib Bukele, unveiled the cryptocurrency wallet Chivo. After registering in the app, every adult resident will receive $30 in Bitcoin.We use cookies to improve the quality of our service.
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