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Bitcoin News

Latest Bitcoin News ✅ – Stay up to date with the current news as it happens. Bitcoin is a peer-to-peer cryptocurrency which was designed by the unknown Satoshi Nakamoto. It is open-source and runs using blockchain technology. Bitcoin’s revolutionary potential has led to the creation of many other cryptocurrencies (altcoins).

Here’s a quick summary including some of the characteristics of Bitcoin:

  • It is decentralized.
  • It is powered by the blockchain.
  • It does not require a government or central bank to function.
  • Bitcoin’s ledger is validated and secured by miners.
  • The mining algorithm used is Proof-of-Work.
  • For more information about Bitcoin check out our guide: “What is Bitcoin and How Does It Work?

The Bitcoin Network Is Consuming Energy at an Alarming Level, Claims...

By the end of this year, the net electricity consumed by the bitcoin network could be equal to the energy usage of a country...

Jack Ma, Co-Founder of Alibaba Believes Blockchain Isn’t a Bubble, Bitcoin...

According to 8btc, a blockchain and cryptocurrency news site for the Chinese community, Jack Ma mentioned that he sees strong potential with blockchain technology....

LedgerX Launches Regulated Bitcoin Savings Account

While many cryptocurrency investors are holding their investment with the hope that it increases, LedgerX's new savings product allows HODLers to earn interest on...

Authorities Arrested 5 Youngsters Preventing a Bitcoin Heist

On May 11, the Forsyth County Sheriff's Office reported the arrested of 5 men, with ages ranging from 18 to 21. Local news got...

Online German Bank Bitbond Uses Bitcoin to Transfer Loans

“Traditional money transfers are relatively costly due to currency exchange fees, and can take up to a few days,” said Radoslav Albrecht, founder of...

‘Beyond Bitcoin’, a Feature-length Documentary, Scores Deal at Cannes

The deal comes with the patronage of the Slate Entertainment Group, the firm behind the SLATE (SLX) blockchain network. The film is expected to...

Huawei Just Released a Native Bitcoin Wallet, but Tough Luck Continues...

Starting May 11, 2018, Huawei is offering the bitcoin wallet of BTC.com in its AppGallery. The tie-up between the two companies was confirmed by...

Ex Trump Advisor Gary Cohn: “There Will Be a Global Cryptocurrency...

Cohn clearly explained to CNBC during an interview last Tuesday, that he tends to fall into the Blockchain believers category rather than the Bitcoin...

Industry Experts Predict Bullish Summer – Bitcoin & Ethereum Price Predictions

The market was shaken today by reports of a raid on the headquarters of Upbit, Korea's largest cryptocurrency exchange. These reports came just a...

Mt. Gox Cold Wallet Moves 8200 BTC – Will Bitcoin Dump?

The transactions from the Mt. Gox cold wallets occurred in the early hours of the morning in Europe and 11 pm EST in the...
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