Bhutan’s Bitcoin didn’t come from regular purchases, but from mining. Local reports show that the country started mining Bitcoin back in April 2019, when the price was much lower—around $5,000 per coin.
One major factor behind this rise is the decline of altcoins. Ethereum, the second-largest cryptocurrency, has seen its market share fall sharply.
The regulator claims that Kraken has been engaging in unregistered securities activities, meaning it failed to comply with the legal requirements that apply to traditional financial markets.
Pig butchering scams typically start on social media, where fraudsters make contact and create fake romantic relationships to gain the victim’s trust.
Flowcarbon set out with the goal of making carbon credits more accessible to a broader audience using blockchain technology.
The top stablecoin by volume was DAI, from MakerDAO, which recorded a massive $962.32 billion in transactions. This large number is believed to be driven by growing interest in DeFi products.
Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.