Bitcoin usage in El Zonte, El Salvador, has sharply declined with most transactions now made by card. Merchants describe Bitcoin as "dead," reflecting a shift away from the cryptocurrency despite its legal tender status since 2021. This trend follows legal changes allowing merchants to opt out of Bitcoin acceptance, aligning with El Salvador's 2025 IMF agreements. The decline may impact Bitcoin's broader adoption and market outlook, with observers watching for further regulatory changes and their effects on Bitcoin's utility and price.
Bitcoin started the week near $77,000 after a 23% gain, driven by strong demand and regulatory optimism. Key upcoming events include U.S. inflation data (PCE index) and Q2 GDP figures, Nvidia's fiscal Q2 earnings report, and Federal Reserve Chair Kev...
Tertiary Minerals reported promising final preliminary drill results from its Phase 4 program at Mushima North, Zambia, confirming the scale of its Discovery Zone. Key highlights include broad copper intersections up to 68 meters grading around 0.3% ...
XRP surged about 56% from $1.00 to $1.70 in five days due to a combination of factors: the U.S. Treasury doubling bond buybacks which lowered yields and boosted risk assets, a White House crypto summit promoting the CLARITY Act to classify XRP as a c...
Emerson and Equinor have entered a 13-year strategic collaboration to deploy Emerson's measurement instrumentation and digital technologies across Equinor's global onshore and offshore energy assets. This partnership aims to accelerate development, e...
Nvidia is reportedly negotiating to invest in AI startup Perplexity, which would value the company at over $30 billion, up more than 50% from its valuation a year ago. Perplexity, known for its AI-powered search engine and cloud-based automation tool...
