Mainland China Residents Show Hunger for Bitcoin via Subverting Binance KYC
Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past.
Bitcoin News
Stay up-to-date with the real-time Bitcoin (BTC) market news including trading updates, price forecasts, analytical insights, expert analyses and much more
Crypto Market Bounces Back despite Fed Rate Hike and SEC Warnings
Thursday’s price pump in crypto comes following a rally in US equities as markets choose to look beyond the Fed rate hikes.
Bitcoin Currently Outperforms 97% of S&P 500 Companies and Gold in 2023, Analyst Expects Crypto Supercycle
By
Tolu Ajiboye
Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances.
Bitcoin (BTC) Could Touch New All-Time High of $100,000 This Year
Some crypto industry insiders believe that BTC price can surge to its previous all-time high of $69,000 and even beyond to $100,000.
Fed Announces Another 25 Basis Point Rate Hike, What Does It Mean for Bitcoin and Crypto?
Fed’s fight over inflation continues and they have shown determination to bring it under the 2% target. Bitcoin has entered a mild correction along with US equities.
Bitcoin and Ether Hold Up with Recent Gains while Awaiting Fed Rate Hike Decision
The technical chart for Bitcoin shows a bullish signal hinting that the BTC price can extend further rally all the way to $35,000.
Fidelity and BlackRock Expands into BTC and ETH Space amid Crypto Prolonged Winter
An interest from BlackRock and Fidelity in BTC and ETH could trigger more assurance among traders.
General Bytes Loses Over $1.5M to Crypto Hack
The ATM maker shuttered its cloud services to limit further compromise of sensitive user information.
Bitcoin Surges 5% in 24 Hours to Hit $28K for First Time since June 2022
By
Tolu Ajiboye
Bitcoin is still on a roll, briefly surpassing $28K for the first time in a while, and is up 20.8% for March.
President of Venezuela Nicolas Maduro Orders Restructuring of Crypto Organization SUNACRIP
As the country recuperates from the Covid-19 devastations, the crypto industry led by Bitcoin and stablecoins is expected to play a crucial role in uplifting the economic status of Venezuelan residents.
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.
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