For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
Ripple CTO David Schwartz has established a possible connection between the Trump family and the incoming Trump Wallet.
Ethereum shows signs of strength against Bitcoin, but altcoin season remains elusive as Pump.fun dominates retail interest, generating $700 million.
Retail investors have not entered an euphoria phase that will see them FOMO and stack the top coin to send its price higher than it is.
Polymarket data shows a 93% chance of the SEC approving an XRP ETF by December 31, 2025, marking a 23% increase in optimism over the past month.
Cardi B’s renewed promotion of the WAP meme coin triggered a rapid price gain followed by a 90% crash.
SEC chair, Paul Atkins, disclosed that SEC will influence crypto policy via “notice and comment” process instead of lawsuits from now on.
ME token spiked nearly 32% on June 3 after a Trump-branded wallet announcement, but confusion over the Trump family’s involvement caused volatility.
The “fair and square” airdrop symbolized Donald Trump’s rise as the 47th President of the United States.
Official Melania Meme (MELANIA) surged 10% to $0.35 after announcing a partnership with market-maker Wintermute to enhance liquidity.
Bitcoin ETFs saw over $1.2 billion in outflows across three days as investors aggressively locked in profits.
Pi Coin has failed to rebound amid positive sentiments in its ecosystem, but technical setup hints at a possible breakout ahead.
Tether announced the transfer of 10,500 BTC to SoftBank as part of its pre-funding of the Japanese firm’s stake in Twenty One Capital.
Ethereum (ETH) price has rebounded 5.52% in the past 24 hours, with daily trading volumes rising by 52% to $20.24 billion, signaling strong traders’ interest.
Blockchain Group has expanded its Bitcoin holdings by $68 million, bringing its total to 1,471 BTC.
Amid XRP price underperformance, analysts point to a double bottom pattern as a potential bullish setup, with key support at $2.07 and resistance at $2.30.