The Bitcoin network has experienced a significant decline in its average block size and transaction rates, coinciding with a fall in price to around $64,100. The drop in block size — the measure of transaction data included in each block — indicates a sharp fall in Bitcoin blockchain activity, which hit a yearly low on June…

The Central Bank of Iran (CBI) is launching a national digital currency in a public pilot targeting domestic micropayments. On June 18, the CBI officially announced the launch of a pilot scheme for Iran’s central bank digital currency (CBDC), the digital rial. As part of the pilot, the Iranian digital currency will be available to banking customers and…

Ether has been under pressure since June 7, when it lost the $3,800 support level. Despite a series of positive developments, its price remained below $3,600 on June 19, showing no weekly change. Some analysts believe that the primary reason for the bearish momentum is a lack of institutional demand for cryptocurrencies. Others attribute it to…