Monday, June 13, 2022

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.

This Year’s Bitcoin Bull Market Will Surpass the One in 2017,...

The price of Bitcoin and other cryptocurrencies have been on the rise since the start of the year. This has led some cryptocurrency market...

Bakkt to Begin User Acceptance Testing for Bitcoin Futures and Custody...

Bakkt, a company established with the purpose of serving institutions, merchants, and consumers in the cryptocurrency space, provided some updates regarding the launch of...

Changpeng Zhao Will Not Pursue Bitcoin Re-org As It Could Damage...

The CEO of Binance, Changpeng Zhao (CZ) stated that after consultation with Jeremy Rubin, James, Prestwich, Brandon Curtis, Hasu, and Jihan Wu, Binance has...

Bitcoin Is the Best Performing Major Asset Class so Far in...

Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull...

Why Is Gold Still in Your Portfolio? Grayscale Begins Its Pro-Bitcoin...

Barry Silbert, founder, and CEO of prominent digital currency investment group Grayscale has caused a stir on Twitter today, with the announcement of a...

John McAfee Pauses Plan To Reveal Satoshi Nakamoto’s Identity

John McAfee, a popular figure within the tech and cryptocurrency sector told Bloomberg that he has spoken with Satoshi Nakamoto, the creator of Bitcoin....

CZ Binance Follows Through On Warning, Delists “Faketoshi’s” Bitcoin SV

Binance has just announced that starting next week; it will no longer support any transactions involving Bitcoin SV (BSV). The change will come into...

Bit Bus Offers a Unique Trip to the Bitcoin 2019 Conference...

The Bitcoin Conference is fast approaching, and the Bitcoin community in the United States is getting ready for a fantastic experience. The Crypto Bit Bus...

Crypto Market Experts Weigh in With Bullish Opinions on Bitcoin During...

The general sentiment around Bitcoin seems to have changed since the price rally that took place earlier this month. Some well-known cryptocurrency market experts are...

Litecoin Just a ‘Glorified Testnet of BTC?’ Charlie Lee Won’t Take...

There is a mini-Twitter war brewing between Litecoin creator Charlie Lee and Mike Novogratz, Bitcoin bull and founder of the crypto merchant bank, Galaxy...