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But bitcoiners shouldn't ignore the wider blockchain industry because of this.

Cryptocurrency rivals have taken advantage of the price drop to intensify their criticism of digital assets.

As inflation continues to wreak havoc on the lives of regular Americans, all eyes are on the Federal Reserve's efforts to alleviate the situation in the United States. Meanwhile, while St. Louis Fed president James Bullard wants to quickly raise the benchmark bank interest rate, Atlanta Fed president Raphael Bostic believes that the central bank should proceed with prudence in raising the rate.

Mykhailo Fedorov, Ukraine's vice prime minister and minister of digital information, published a photo of what the war-torn country is spending crypto donations on on Sunday: Bulletproof vests with 200 pairs of ballistic plates