Tumbling Bitcoin Overshadows El Salvador’s Crypto Conference

SAN SALVADOR (Reuters) – El Salvador’s long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world’s first to adopt the cryptocurrency as legal trend, has lost its luster this time amid a deep route in the digital currency universe. The absence of big names from the bitcoin world … Read more

Bitcoin down, El Salvador bitcoin city, ConstitutionDAO

Most of the major cryptocurrencies by market value suffered losses in the past week. Bitcoin is down nearly 14.6% in the past seven days, according to CoinGecko. After hitting an all-time high of $ 69,044 on November 10, bitcoin fell below $ 60,000 on Tuesday. It is currently trading at around $ 56,201. Ether is … Read more

Bitcoin: Kosovo bans crypto currency mining after energy squeeze

A European nation has said it will lower the law on crypto miners after the large amount of power required for the task led to a crisis. A European country has banned bitcoin mining because the large amounts of energy required by the process paralyze the power grid and contribute to blackouts. The government of … Read more