This week, the Central African Republic became the second country to make Bitcoin legal tender.
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Bitcoin Dips Below $40,000
The price of Bitcoin briefly fell below $40,000 in the last hour, according to CoinMarketCap. Although the price has since recovered to just over $40,400, Bitcoin’s price movements form part of a broader negative price […]
Bitcoin, Ethereum Funds Post Second-Lowest Weekly Trading Volume This Year: Report
Trading volume among institutional investors for crypto funds fell to $1 billion last week, the second-lowest all year, according to a report from crypto asset manager CoinShares. Trading activity has been low for a while […]
MicroStrategy, Block, PayPal Stocks Stumble Alongside Crypto Rout
The cryptocurrency market has been in freefall in recent weeks. Per CoinGecko, Bitcoin and Ethereum are down 9.6% and 14.2% in the last seven days. Other prominent cryptocurrencies—like Solana and Dogecoin—are also firmly in the […]