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.

Binance Whale Sells 6,500 Bitcoin (BTC) in Retail Trading

Bitcoin (BTC) has seen a notable increase in price over the course of the last week, jumping from lows of $9,700 to roughly $13,000. This price boost was so attractive that an...

Bitcoin breaches $13,000 as bears continue to stall coin’s momentum

Bitcoin has been going through a roller coaster of a price movement over the past few months, going on to almost breach the $14k mark, before dropping below $10k again. However,...

Grayscale Gets Back Into Its Bitcoin Trust Shares

According to a recent press release posted yesterday 8th July, Grayscale Investments has continued its private placement of Grayscale Bitcoin Trust (GBTC) shares. The announcement goes onto say, the private placement of GBTC shares is offered...

Bitcoin’s parabolic move will be boosted by ‘Central Bank money printing,’ claims BitMEX CEO

When the cat is away, the mice come out to play. As the global economy is muddled with concerns surrounding trade wars, interest rate movements, and global governance dilemmas,...

This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000

In early May, we accurately predicted that bitcoin would trade above $11,500 before the end of 2019. The leading cryptocurrency breached that level last month, recording a fresh yearly high above $13,000. Since then, BTC has...

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.