Bitcoin

Latest News on Bitcoin | PaperBlockchain
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.

Has Bitcoin Begun Its Brutal Downtrend?

Bitcoin is down more than 7% at the time of this analysis. We are likely to see it decline further now that it has broken below the 21 day EMA....

Bitcoin Has Been Profitable 98 Percent Of Days Since Launch

Buying bitcoin has been a profitable investment for 98 percent of days since the currency was first created.  Bitcoin’s Profitability 98 Percent Since Creation According to...

CME Group Reports Record Trading in Bitcoin Futures

CME Group, the Chicago-based derivatives exchange, announced on its Twitter feed at the weekend that daily Bitcoin futures contracts traded on its platform reached a record $1.7 billion on June 26.

Bitcoin’s Pullback Below $10,000 Positive For Investors

Bitcoin prices fell to less than $10,000 today, down close to 30% from their recent high of nearly $14,000 reached on Wednesday, June 26th. The digital currency dropped to $9,986.26...

Iran seizes 1,000 Bitcoin mining machines after power spike

Authorities in Iran have seized roughly 1,000 Bitcoin mining machines from two former factories, according to state TV reports. The action was taken following a spike in electricity consumption.

Edward Snowden Used Bitcoin to Pay for Servers Used in NSA Leak

The servers Edward Snowden used to leak thousands of documents to journalists were paid for using bitcoin (BTC), the National Security Agency whistleblower revealed at the Bitcoin 2019 Conference on June 27. Snowden...

Regulators’ Pressure On Libra Will Advance Bitcoin Adoption – eToro CEO Yoni Assia

This week has been a very eventful one and mainly because Facebook released the whitepaper for its new digital currency, Libra. The whitepaper release has drawn attention all over the world as...

Bitcoin Minor Resistance at $17K Fresh Historical Revelation Says $500K Is the Peak For...

Although many like David Gockshtein, a member of Forbes Financial Council, are still waiting for Bitcoin to cross over $10,000 barrier to ascertain a rebirth of the real FOMO and begin partying,...

Wall Street Analyst claims Bitcoin will blast through all-time high soon

Thomas Lee, Fundstrat co-founder and head of research, told CNBC that he sees Bitcoin taking out its all-time high very soon. “Well, you know I think bitcoin ultimately becomes...

Bitcoin market update: BTC/USD explodes in fireworks to new 2019 highs

Bitcoin unique rally from Wednesday has catapulted it above the $9,000 critical level for the second time this year. The first time Bitcoin exchanged hands above this level was in May. However,...