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.
Xolaris has launched a European private-equity fund focused on Bitcoin mining. The timing of the launch comes as a surprise to many experts, mainly because of Bitcoin’s market price went down. Nevertheless, the German investment firm Xolaris intends to raise between 34 and $57 million for the project’s 4-year period…
Trading platforms that allow mixed trading between digital currencies and traditional financial markets have experienced exponential growth in 2018. This is the case with the Switzerland-based trading platform WCX.
Crypto exchange Gemini has listed Bitcoin ABC as the only Bitcoin Cash. After the hard fork, Bitcoin SV became its own token and is now competeing against ABC
OFAC are making their intentions clear. Sanctions will not be evaded with cryptocurrencies. This is a clear declaration that the laws will be enforced
Jake Chervinsky spoke recently about Institutional Investors. He stated that while retail traders and small individual investors are selling due to the market conditions, Institutional Investors are taking this opportunity to accumulate.
Google Trends explorer reveals that the keyword “Bitcoin” has dropped by more than 90% throughout 2018. But at the end of November, Bitcoin searches increased to the search levels recorded back in April…