El Salvador President Nayib Bukele has unveiled plans to build a “Bitcoin City” near a volcano along the Gulf of Fonseca.
Bitcoin has received a long-anticipated code upgrade that focuses on the network’s privacy and security, dubbed Taproot.
The cryptocurrency market cap has hit the $1 trillion mark for the first time, spearheaded by Bitcoin and Ethereum.
In a big shift, PayPal has announced that it would allow its merchants to accept cryptocurrencies like Bitcoin through its mobile wallets.
Recent studies have revealed that Bitcoin mining activities has used more than seven gigawatts of power in the past year.
A New York power plant has decided to use the additional energy it generates and can’t feed into the main grid to mine Bitcoin.
