Global #cryptocurrency

El Salvador remains committed to Bitcoin, continuing its daily acquisitions even as the cryptocurrency market experiences a downturn. This strategy, announced in March 2024, aims to buy one Bitcoin every day "until it becomes unaffordable."

In a move to ensure tax compliance in the digital age, New Zealand's Inland Revenue Department (IRD) has intensified its efforts to crack down on cryptocurrency investors who fail to disclose their crypto-related income and gains.

Bitcoin miners are feeling the heat as the market experiences a significant sell-off. In the past three days, miners have offloaded a staggering amount of Bitcoin, equivalent to five days' worth of mining revenue.

Litecoin enthusiasts have a new reason to be excited as Charlie Lee, the founder of Litecoin, recently announced a unique opportunity to obtain a physical representation of the cryptocurrency.

Bitcoin (BTC) has made a significant rebound, surging past the $63,000 mark and showing strong signs of continued upward momentum.

Japanese e-commerce giant Mercari is dipping its toes into the cryptocurrency pool by giving away Bitcoin (BTC) to new and existing users. This promotional drive aims to attract users to Mercari's Bitcoin trading service, launched by its subsidiary Mercoin.