Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank and is typically decentralized. Cryptocurrencies enable secure online transactions and are known for their potential in investment, with Bitcoin and Ethereum being notable examples.
Block, the technology company co-founded by Jack Dorsey, has successfully completed the development of a five-nanometer (5nm) nanochip prototype that could revolutionize the Bitcoin mining industry.
Prospects for Central Bank Digital Currencies and Stablecoins: Bank of England Governor Andrew Bailey's Views
Galaxy Digital founder Mike Novogratz has stated that if the US Federal Reserve cuts interest rates, the price of Bitcoin could rise to $40,000.
The governor of the Bank of Japan, Haruhiko Kuroda, believes that the central bank's digital currency (CBDC) should work alongside other payment mechanisms to improve Japan's financial ecosystem.
Venture capital investor and former Coinbase CTO, Balaji Srinivasan, has made a bold bet on Bitcoin, predicting that the cryptocurrency will reach $1 million in value in the next 90 days.
Vitalik Buterin, the co-founder of Ethereum, has faced criticism from the crypto community for selling meme crypto assets and causing significant losses to investors.
Cryptocurrency blogger, trader, and analyst Lark Davis has suggested that now is a good time to hold cryptocurrencies for the long term as more companies are entering the market.