Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia
Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to...
Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows
On Sunday, June 8, bitcoin’s price climbed past the $106,000 mark, though the top crypto token has barely budged over the past seven days, gaining just about 1%. Meanwhile, coins like ravencoin, spx6900, and internet computer have been stealing the spotlight with...
Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back...
Bitcoin to Solana: Crypto Prices Stay High Above Global Averages in South Korea
Since late May—spanning the past 17 days—the price gap for bitcoin in South Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 8, bitcoin is trading in the country at more than $1,500 above the worldwide average. Crypto Prices Break Away in...Interesting 13
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