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.
The SEC is considering two options such as allowing a portion of ETF assets to be staked via validators or issuing liquid staking tokens that represent staked assets.
Pump.fun launches a mobile trading app for meme coins on Solana blockchain, offering diverse token access amid regulatory scrutiny and legal controversies.
Vitalik Buterin argues that to make this solution viable, the cost must drop below $1, requiring an estimated 4.5x increase in L1 capacity.
Nayib Bukele and Michael Saylor’s strategic meeting highlights El Salvador’s continued commitment to Bitcoin adoption despite IMF pressures and policy adjustments.
Tether Limited announces strategic investment in Juventus Football Club, marking a significant move to merge digital assets with traditional sports infrastructure.
Hong Kong’s SFC establishes the Virtual Asset Consultative Panel, marking a significant step toward balancing regulatory oversight with innovation in the crypto sector.
Bybit, a major crypto exchange, has been removed from France’s AMF blacklist after addressing regulatory concerns. The platform is now pursuing MiCA compliance for broader European operations.
Bitget aims to attract disillusioned FTX creditors with up to $2,500 in rewards, offering a mix of futures trading bonuses and BGB tokens to help rebuild trust in crypto trading.
On-chain data shows the 7-day average transaction fees on Solana have outpaced Ethereum amid the weakening dominance of SOL in February.
Following its recent funding round with Morgan Creek, Hex Trust believes it is well-positioned to expand its capabilities and strengthen its presence in the digital assets industry.
HashKey Group has seen its valuation jump to $1.5 billion after bagging $30 million from Gaorong Ventures.
The rising meme coin vortex on the BNB Chain triggered by Binance co-founder CZ has helped PancakeSwap surpass $1 trillion in trading volume.
The Toncoin DeFi ecosystem will experience a major boost on February 21 after Telegram, with 1 billion active users, adopts TON as the official blockchain infrastructure.
Web3 startup Plasma raises $24M to develop a specialized Bitcoin sidechain focused exclusively on stablecoin transactions, launching in Q2 2025.
Michigan lawmakers have proposed a bill that allows up to 10% of state funds to be allocated to Bitcoin and other cryptocurrencies.