Bitcoin News

Bitcoin News

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.

Ian Karamanov by Jun 18, 2019

Bitcoin Daily Active Addresses Jump Over 1 Million: Answering Skeptics

Recent data shows that bitcoin daily active addresses have been increasing steadily and are now well above 1 million. A few skeptics however, believe

Ian Karamanov by Jun 13, 2019

Bitcoin Theft has to be Answered Personally by Craig Wright

One of the biggest scandals in the crypto community might seal Craig Wright’s fate. The controversial computer scientist is accused of a bitcoin theft

Avatar by Jun 10, 2019

Optimistic Crypto Forecasts: The Next Few Years Could be Wild

The is slowing down. After bitcoin climbed from $3K to almost $9K things are beginning to stagnate a bit. Optimistic crypto forecasts however, are

Ian Karamanov by Jun 4, 2019

Baidu Bitcoin Search Shows Spike of Chinese Interest in Crypto

The recent bitcoin price surge seems to have not only caught Chinese interest, but was probably helped by it. Judging by the Baidu bitcoin search interest

Avatar by May 31, 2019

Sichuan Mining Farms Fall Under Government Investigation

China is in a league of its own when it comes to bitcoin mining. The global bitcoin mining capital of the world is none other than the province of Sichuan

Ian Karamanov by May 30, 2019

Crypto Mixers Quickly Popped up on the Authorities’ Radar

Crypto mixers are steadily rising in popularity. The desire for anonymity seems to be increasing as authorities left and right are looking for ways to