BITCOIN

Is Satoshi Nakamoto’s Unknown Identity Good or Bad for Bitcoin?

The identity behind the pseudonym “Satoshi Nakamoto” the creator of the preeminent cryptocurrency, Bitcoin has been long hidden, and even after all the success the digital coin has achieved, the alleged creator is still nowhere to claim the glory. The mystery behind the unknown identity of the creator of the biggest cryptocurrency, for years, has […]

Bytrend experts share bitcoin perspectives

Bytrend.com analytics department pays great attention to cryptocurrency assets and regularly analyzes the development prospects of the cryptocurrency market. The leading specialist of the department, Marius Zielinsky, estimated at first glance fantastic forecast that the price of BTC could exceed the $ 300,000 level by 2025. Advising ByTrend clients interested in digital assets, department specialists […]

Bitcoin Whale Population Approaching September 2017 Levels

The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to $20,000.  According to Glassnode’s ‘The Week […]

Bitcoin Youtube Channel Terminated For ‘Basically No Reason’, Platform Says It Was An ‘Error’

KEY POINTS YouTube suspended and then unsuspended Bitcoin.com’s account, citing an error Bitcoin.com’s Roger Ver suspects ‘Bitcoin Maximalists’ as the ones reporting the YouTube channel YouTube commands a large market share and it will take some time for alternative platforms to gain some foothold YouTube suspended Bitcoin.com’s official account only to unsuspend it later, citing an error […]

Ethereum Co-Founder Vitalik Buterin Says He Disagrees with Bitcoin’s Stock-to-Flow Model

It’s impossible to prove or disprove whether Bitcoin’s supply cuts lead to price appreciation, according to Vitalik Buterin In his latest Twitter thread, Ethereum co-founder Vitalik Buterin says that he disagrees with the widely cited Bitcoin stock-to-flow (S2F) model, which was first published by pseudonymous Dutch analyst PlanB back in March 2019.      That […]

Five Exciting Bitcoin Projects (June 2020 Edition)

On Friday (June 5), a popular member of CryptoTwitter (@hodlonaut) asked the question “What’s the most exciting Bitcoin project right now?”. This article highlights some of the best answers given to this question: Bitcoin Core is the free and open-source software that is “considered to be Bitcoin’s reference implementation.” This software “serves as a Bitcoin node (the set of which […]

Bitcoin Having Hard Times At $10K While Wall Street Breaking Records: The Crypto Weekly Market Update

To say that this week has been a wild ride is definitely an understatement. Bitcoin’s price went nuts and kept everyone on edge. In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX. This whole ordeal saw […]

Why the Bitcoin is consider being so important

Bitcoin gets a lot of attention, it is the first digital currency that solves the long-contemplated problem of double spending. It also relied on the blockchain and introduced a new class of assets that caused a stormy change in the world. When reading Satoshi Nakamoto’s original white paper you know that this unknown person was […]

Is Bitcoin’s reducing decentralization helping Monero?

Bitcoin may be the king of all crypto coins, but when it comes to privacy, Monero takes the spotlight. Seth Simmons of the Monero Community in a recent podcast talked about the unique values that differentiated Monero from Bitcoin and also shared his thoughts on how Bitcoin’s inability to iterate and implement new features was […]

Bitcoin and cryptocurrencies go far beyond the financial system – Ethereum co-founder Vitalik Buterin

Bitcoin was born out of a financial crisis and its solutions remain financial in nature. Ethereum is more than a financial instrument; it is a platform that brings inclusivity including handling of tokens. The ongoing crisis according to Vitalik Buterin is not a financial crisis but a virus one. It has been more than ten […]

Bitcoin Romania: A bank can obtain even 10 millions Euros a year due to cryptocurrency transactions

A bank can obtain revenues between 2-10 millions Euros a year if is partnering with a cryptocurrency trading platform or if it allows its clients to use cryptocurrency, shows the predictions of Bitcoin Romania, virtual currency exchange service provider. Bitcoin Romania’s management wants to start collaborating with a bank in the coming period, as a […]

Major Boost to Digital Economy? China Allows Bitcoin Inheritance

China is drafting legislation to protect cryptocurrency inheritance rights. Following the results of two sessions held in Beijing, a draft of the country’s first Civil Code was adopted, regulating legal relations between citizens, marriage issues, family relations, as well as inheritance rights. China has recently passed a much-anticipated Civil Code that expands the scope of […]

Max Keiser: There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

Ever since the peak of the 2018 crypto bull market, Bitcoin has been front and center for most investors. Bitcoin dominance — the percentage of the cryptocurrency market made up of BTC — has doubled from the 33% lows, while a number of altcoin projects have died out due to funding issues and a lack […]

Glassnode: Over 60% of Bitcoin has not moved in a year

The market intelligence firm said latest figures show “increased investor HODLing behaviour.” In brief Data from market intelligence firm Glassnode shows over 60 percent of Bitcoin supply has not been moved in over a year. The last time this much Bitcoin was HODLed was just before 2017’s bull run. Coin Metrics suggests another way of […]

Here’s a look at Bitcoin’s future as an Ethereum token

Crypto community has been seeing a lot of efforts recently in injecting Bitcoin into the DeFi ecosystem. The latest implementation of BTC on Ethereum blockchain, renBTC[REN] and went live just last week. Loong Wang, CTO, and Co-founder of Ren appeared on a recent podcast and talked about this new implementation.  He noted that the main […]

Bitcoin Mining Uses as Much Energy as Ireland

The Power Demand For Blockchain Network is on Rise Even When Bitcoin Prices Have Come Down. According to a report by Alex de Vries, the Dutch researcher, the Bitcoin network uses as much electricity as Ireland. According to his estimates “at least 2.55 gigawatts of electricity currently, and potentially 7.67 gigawatts in the future.” Bitcoin […]

Crypto contradiction: Boom Bust explores how governments try to control cryptocurrencies that were not meant to be regulated

China’s Central Bank has unveiled plans to roll out its own digital currency, which will be called DCEP (Digital currency Electronic Payment). Beijing has been working on the project for about five or six years. RT’s Boom Bust talks to Todd Horwitz of Bubba Trading about the latest in digital currency developments. “If you look […]

Volcker Might Have Said Yes to a Digital Dollar – If He Knew What It Was

What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks? The short answer is nobody knows; Volcker never really got steeped in the fast-developing world of crypto. “Bitcoin? What’s that?” Volcker replied when asked about the largest cryptocurrency by a Quartz reporter in April 2013. “I’m […]

The 7 Best Bitcoin Wallets That You Should Use For Storing BTC

1. Ledger Nano X Ledger Nano X is a hardware wallet from a French start-up. This is the most modern and functional Bitcoin wallet that you can purchase in 2019. This hardware wallet works with desktop and mobile and comes with in-built battery.  From the security perspective, it has 2 chips (1 is for secure element) […]

Russia’s Largest Darknet Market Is Planning Its Own Initial Coin Offering

In a bold move Hydra, reportedly Russia’s largest darknet market, has revealed it’s planning its own initial coin offering (ICO) to fund a global expansion. According to an investment memorandum, first spotted by Russian news outlet Forklog, Hydra plans to raise $146 million through its ICO, which is set to start on December 16. Its tokens will be […]

The CSO of Human Rights Foundation praises bitcoin, says full potential yet to be uncovered.

Alex Gladstein, CSO of the Human Rights Foundation, said that the “maximum human potential impact” of any technology is not known straight away. The Chief Strategy Officer of the Human Rights Foundation believes that bitcoin has a crucial role to play in a world that is currently undergoing “massive social transformation.” The leading decentralized cryptocurrency […]

Bitcoin is a good safe haven for economic crises

Prasos Ltd, the company behind Coinmotion and Denarium, was represented this week at an investment-themed exhibition organized in Helsinki, Finland. During the event CEO Heidi Hurskainen held a presentation about Bitcoin and its ability to function as a safe haven during economically uncertain times. According to Hurskainen Bitcoin has a notable potential to protect people’s […]

Bitcoin Addresses With Any Balance Hit All-Time High

According to data compiled by Coin Metrics, a crypto asset market analysis firm, the number of Bitcoin addresses that hold any amount of satoshis reached a new all-time high between October and November 2019. According to the data, more than 28,393,045 addresses held some balance of bitcoin in that period, eclipsing a previously achieved all-time high […]

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects

The process conceptually is straightforward. As DNA consists of four bases, adenine (A), guanine (G), cytosine (C) and thymine (T), an algorithm can be used to convert digital information of ones and zeroes into sequences of these DNA bases called oligos. The researchers first detail how they were able to encode a “Stanford Bunny” with […]

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