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.
US entities are boosting Bitcoin holdings, a trend that accounts for the asset’s ongoing bull market rally over the past year.
SOON price increased by 15% in 24 hours as major exchange listings on Binance and Upbit sparked strong investor interest.
The SEC has acknowledged a proposed staked TRX ETF, as Tron trades flat at $0.274 while showing early signs of bullish momentum.
Solana-based meme coins MOODENG and MEW have surged 30% intraday following their listing on Robinhood, joining the platform’s expanding crypto offerings.
FIFA teams up with Avalanche to launch a new EVM blockchain, boosting speed and scalability for its digital collectibles platform.
XRP’s price rose 2.7% to $2.42, with daily trading volumes climbing 45% to $4.33 billion, fueled by the Volatility Shares XRP Futures ETF debut on Nasdaq.
A Bitcoin user paid $120,381 in fees for a transfer, sparking questions about errors amid Bitcoin’s rising market value and acceptance
Solana (SOL) rose 7% in the past 24 hours to $178.70, driven by a 70% increase in trading volume and growing bullish sentiment from analysts.
BUILDon (B) has gained over 500% in a single day after a major accumulation by the Trump-affiliated crypto firm World Liberty Financial.
Bitcoin Pizza Day marks the first real-world Bitcoin purchase, showing how 10,000 BTC for pizzas in 2010 is now worth over $1.1 billion.
Coinbase hacker mocked ZachXBT after moving $42M in BTC, following a massive breach affecting over 69,000 users.
The native token of decentralized exchange Hyperliquid, HYPE, surged 18% with daily trading volume shooting up by 148% to $346.6 million.
While short-term volatility is always a risk, especially with RSI in overbought territory, the broader picture suggests BTC could target $115K–$120K.
The White House crypto and AI czar says the GENIUS Act could bring multi-trillion-dollar demand for stablecoins.
Coinbase is facing backlash over its data breach, which new details show affected more than 69,000 users in total.