Bitcoin News: Bitcoin (BTC) is the first ever cryptocurrency, developed and released by an unknown programmer or programmers named Satoshi Nakamoto. The Bitcoin whitepaper introduced the concept of cryptocurrencies to the world in 2008 and since then a digital currency revolution has started. That’s why Bitcoin news became so important. Cryptocurrencies are peer-to-peer and open-source digital currencies or tokens that use blockchain technology or other distributed ledger technology, thus eliminating third party involvement. The Bitcoin whitepaper introduced the concept of blockchain technology and added a Proof-of-Work (PoW) consensus protocol for increased security.
Bitcoin has proven many times that it’s the most valuable cryptocurrency from the whole digital currency economy. Bitcoin gradually became the digital gold for the whole economy, acting as a store of value in Bear markets. The maximum Bitcoins that will be mined is 21 million BTC and in time the digital currency will become scarce, increasing in value with time. Scalability is the biggest problem that Bitcoin is facing, but with the introduction of more and more technology improvements, only time will show the true potential of Bitcoin.
Elon Musk spoke recenty and referred to Bitcoin as a quite brilliant structure and a far better way to transfer value than pieces of paper. Elon Musk has…
A recent report from the Blockchain and Digital currency research company Diar shows that transaction fees for Bitcoin (BTC) on-chain transactions are at a new low…
Some digital assets lost 90% or more from their valuation and the worst part is that the bear market has continued for a year. This however does not affect Crypto whales who are mostly gaining new riches…
Local Philippines media reported recently that one of the largest commercial banks in the country, Union Bank has launched the first nationwide Crypto ATM. Union Bank released an official statement in which they clarified the purpose of the Crypto ATM.
In June 2016, Britons voted to end their country’s four-decade-long membership of the EU. Back then, they had no way of knowing how Britain or her economy would fare after the vote. They could only guess, but not for long. Shortly after the referendum, the pound fell sharply against the US Dollar and the Euro and […]
The 2019 Chinese New Year was on February 5th and it marked the start of the year of the pig, bringing good fortune and prosperity to all. The Chinese New Year of the pig can bring good fortune to the Cryptocurrency world, as it may be the start of a new Crypto Bull run.