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Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin Bitcoin continued to trend lower on Saturday, as the bears were once again in control of crypto market…

The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses and plates. Colorado Introduces Online Payments With Crypto at the DMV People in Colorado who use the online…

Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates Downward: Corrected Index Reflects More Accurate Power Consumption In a report published this week, the…