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.
Giga Watt existed for a little over than a year. This short existance however, can provide us with many valuable lessons for both the market and when it’s time to recognize the signs and leave.
The Co-Founder & Partner of CryptoOracle, Lou Kerner seems to believe firmly that Bitcoin is well on its way in replacing Gold as the dominant store of value. One of the first Crypto Venture Capitalist was quick to note that Bitcoin’s market capitalization has already managed to surpass that of silver…
OpenNode and Rui Gomes however, have rejected a $1.25 million investment by Roger Ver in a very direct way. OpenNode stated that their vision of a better and more open financial system is only possible with the true Digital Gold – Bitcoin.
During the Christmas holidays, the Cryptocurrency markets saw a strong rally. What followed however, wasn’t a Christmas miracle, but rather an intense Christmas Shopping as the next two days the Crypto market lost over $18 billion in market capitalization…
The bitmain layoffs originated as a rumor on Maimai, the Chinese equivalent of LinkedIn. However as time passed more and more users confirmed
2018 has been a wild ride for Cash App. The Cash App by Square has recently became the most popular app in the United States’ Google Play Store surpassing even PayPal…