The Taproot upgrade will enhance the performance efficiency of the Bitcoin network along with bringing smart contracts to the platform.

The IMF said that its officials are following the developments closely and it will be sharing its concerns with El Salvador President Nayib Bukele soon.

Mexican lawmakers extend their support for Bitcoin after historic decision coming from El Salvador of passing the Bitcoin law.

After cracking down on some of the top crypto mining destinations like Inner Mongolia and Sichuan, the Chinese regulators targeted Xinjiang province earlier today.

The cloud software company is looking to borrow $400 from the sale of corporate bonds that will mature in 2028.

El Salvador is also working on digital wallet company Strike to build the country’s modern financial infrastructure using the Bitcoin technology.

On June 2, Bitcoin and altcoins saw double-digit rallies with Bitcoin briefly stood above $38,000 and dogecoin increased 40% once. The rally failed to spark hope among investors and the bitcoin fear and greed index is at 24, indicating extreme fear.

Elon Musk is once again playing around with BTC sharing a Linking park song meme and hinting that he could be parting ways with the crypto in the future.

While Google opens the advertising doors for crypto exchanges and wallets, it still hold restrictions for ICOs, DeFi trading protocols, crypto endorsements, and other things. Google also mandates a FinCEN certificate for exchanges to advertise on the platform.

Canaan has asked the Chinese regulators to allow crypto mining business to continue their operations by using clean energy. Canaan is facing a strong drop in the new orders for its mining equipment.