Bitcoin is headed for what is expected to be the largest downward difficulty adjustment in its history. As China has effectively opted out of Bitcoin by instructing banks and payment service provides to cut off Bitcoin-linked transactions and ordering miners in various regions to shut down their operations, Bitcoin miners

Tanzania's central bank is reportedly working on a directive from the country's president Samia Suluhu Hassan to prepare for cryptocurrencies. The developments could hint at a possible reversal of the central bank's stance on Bitcoin, Reuters reports. In 2019, the Tanzanian central bank publicly

A national address to El Salvador's citizens saw a first today: a president conducting a tutorial on how to use a Bitcoin wallet. And not any Bitcoin wallet: as Bukele announced previously, the Salvadoran government is working on a wallet application for the country to support the addition

The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday. The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within

BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.   The initial shipment contained over three hundred mining machines with a potential hash

China is busy banning Bitcoin — again. The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the

MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.  The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%

China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country. On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the