Bitcoin

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Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.

Coinbase closes Chicago operations

Popular cryptocurrency exchange, Coinbase are closing down their Chicago operations. The office in Chicago was reportedly set to be planned on hiring as many as 100 people according to reports...

This New Lightning App Aims to Make Getting Paid in Bitcoin Easier

A new app today has launched that aims to tackle the problem of “inbound capacity” on bitcoin’s lightning network. One of the challenges facing the still-in-development payment network centers...

Bloomberg: Bitcoin’s Recent Renaissance Could Be Linked to Algorithmic Trading

The recent crypto market jump could be linked to algorithmic trading, Bloomberg writes on Wednesday, April 3. Algorithmic trading — a method that uses automated software to detect trends and determine when trades should be made...

Verdict Due In Mt. Gox Bitcoin Case

The fate of the former CEO of Mt. Gox; Mark Karpeles will be made known by Friday after the prosecutors have provided claims against him. Mark Karpeles was the CEO of the...

Forecast Of Bitcoin Likely To Survive A Recession

According to Kyle Chapman; a prominent partner with the technology venture capital firm known as Cosimo Ventures, Bitcoin will survive a recession, but for Ethereum, it will suffer from the recession, while...

Bitcoin’s Lightning Network Growth Accelerates as Its Capacity Surpasses $3 Million

Bitcoin’s layer-two scaling solution, the Lightning Network (LN) has recently seen its capacity surpass the $3 million mark, as it now has a capacity of 773.7 BTC. The network now has 7,185...

Neema CEO: Marshall Islands Digital Currency Needs Work to Satisfy US Regulatory Concerns

The Marshall Islands’ government upcoming digital currency, which will be launched in partnership with Israeli startup Neema, still needs work in order to placate United States financial regulators. English-language Israeli media The Times of...

Roy Sebag exits cryptocurrency market

The Israeli-Canadian businessman says that he now has no exposure to crypto holdings other than his stake in Bitfarms. The cryptocurrency market has lost quite a few investors over...

Fidelity’s Digital Asset Platform Goes Live With Select Clients

Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients, the firm announced on March 8. In a tweet, the...

Should You Invest In Bitcoin At This Time?

Choosing where to invest your money can be a daunting task with each opportunity offering different returns and risks.  Since the birth of Bitcoin, there are a lot of investors who have placed their money...