Recent data reveals that Bitcoin's circulation has plummeted to its lowest point in 13 years, raising questions about its original purpose as "electronic cash." This decrease in circulation suggests a shift in how Bitcoin is being perceived and utilized by investors and users.
Read MoreBinance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts.
Read MoreMastercard has rolled out its Crypto Credential, enabling users to send and receive cryptocurrencies through aliases rather than intricate blockchain addresses.
Read MoreThe halving of Bitcoin [BTC] has been to the cryptocurrency world what the Olympics are to the sports community and the Oscar Awards are to movie buffs. Halving is a much anticipated and joyous occasion that, by limiting supply, tends to increase the economic worth of the largest digital asset on the earth.
Read MoreThe Central Bank of Russia has disclosed that the total value of transactions on its cryptocurrency exchanges in 2023 was close to $52 billion.
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