Bitcoin News

Bitcoin, the original cryptocurrency, is primarily regarded as a digital alternative to both gold and fiat currency. This is because, like traditional money, Bitcoin can be used for financial transactions, and like gold, Bitcoin is a scarce resource that is difficult and costly to ‘mine,’ making it a great store of value, especially when compared to fiat currencies and processes such as quantitative easing.

As the world’s leading cryptocurrency and a highly volatile and disruptive asset, Bitcoin generates an immense amount of interest. Bitcoin often ranks as one of the most searched for terms on Google. For those looking to stay on the right side of Bitcoin’s price swings, it’s imperative that you stay up to date with the latest news and developments. You can do that here at Blokt where our professional journalists report on current market events as they happen.

Despite its similarities to cash and gold, Bitcoin also has several unique features which have helped to cement its popularity. Bitcoin runs on a decentralized global network and works in a peer-to-peer fashion, meaning it operates free from the control of any government, bank, or central authority. Therefore, Bitcoin transactions are censorship-resistant and often cheaper than traditional payments.

Bitcoin is underpinned by blockchain, and while the origins of this technology date back almost three decades ago, it was Bitcoin’s creator Satoshi Nakamoto who took it, improved it, and gave it its first real-world application. Therefore, the pseudonymous Satoshi Nakamoto, whose real identity or identities remain unknown, pathed the way for the multi-billion dollar blockchain and cryptocurrency industries we have today.

Bitcoin goes by the ticker “BTC,” and is the biggest cryptocurrency by market capitalization. BTC is listed on nearly all crypto exchanges, including Coinbase and Binance, where it can be bought, sold, and traded easily. For more information about Bitcoin, check out our guide “What is Bitcoin and How Does It Work?” or view the latest Bitcoin news below.

12 Best Cryptocurrency Exchanges [2020] – Buy Bitcoin & Altcoins

When trying to decide on the best cryptocurrency exchanges, it is not simply a matter of ranking by volume or performing a broad comparison...

Best VPN Services for Torrenting in 2020

If you are into torrenting, you probably know that some big and powerful forces (like the movie companies) don’t like the practice. That's why it is...

6 Secure Ways to Buy Bitcoin With Credit Card [2020] –...

Using a credit card to buy Bitcoin is one of the many available payment options today and one that people will often find to...

Alameda Research: Bitwise Report on Fake Bitcoin Trading Volume Inaccurate

Despite recent testimony from Bitwise to the U.S. Securities and Exchange Commission (SEC), which stated that up to 95% of Bitcoin trading volume is...

Major Banks Join Hands to Develop Cryptocurrency for Overseas Money Transfers

Blockchain technology just got a major boost after 14 major financial firms led by the Swiss multinational investment bank UBS Group AG came together...

Bitcoin Future Is the Second Most Traded Asset at the CME...

Bitcoin Futures occupy the second spot as the most heavily traded asset on CME when the assets are measured by the volume/open interest ratio....

Mike Novogratz: Facebook Is ‘Wildly’ Important for the Crypto Ecosystem

Galaxy Digital Holdings CEO and founder Mike Novogratz appeared on CNBC’s Squawk Box on May 24 in which he discussed the cryptocurrency market and...

Huobi Token Rallies 23% Since Its Bitcoin Pizza Day Event, Huobi...

Cryptocurrency exchange, Huobi Global has announced the rebranding of its Prime Lite to FastTrack, three weeks after the product offering service was launched. The...

US Bitcoin & Treasury Investment Trust Files Amendment No.3 to Its...

The United States Bitcoin and Treasury Investment Trust, also known as the "Trust" filed an amendment No.3 with the United States Securities and Exchange...

BTC Bull Run Speculations: Brian Kelly Says Now Is a Good...

With Bitcoin surging nearly 50% month-on-month, speculations are rife in the crypto community about the likely causes fueling this rally. While some experts are...

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