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.

Financial Historian Niall Ferguson: ‘I Was Very Wrong’ About Bitcoin

Renowned Oxford-educated British financial historian Niall Ferguson, a man named in 2004 as one of TIME magazine's 100 most influential people in the world, has admitted that he was "very wrong" to think that Bitcoin...

Hold Your Bitcoins. Starbucks Isn’t Taking Crypto for Coffee Just Yet

Last summer, Starbucks announced an investment in a company called Bakkt, an open-source platform that enables the buying, selling, and spending of cryptocurrencies. That was pretty much the extent of the news — until...

Dr. Roubini’s Take On Bitcoin In Recent Interview

With the current happenings in the Cryptocurrency market, it has given the popular Bitcoin skeptic and economist;  Dr. Nouriel Roubini more power to attack the coin. Sometimes, he is...

Digital Currencies (Likely Not Bitcoin) To Replace Banknotes According To Eugene Kaspersky

With the emergence of Bitcoin, its enthusiasts understood perfectly that it was built to be a computerized option to the existing monetary system. While all these have been taken...

Canadian Financial Institution: Bitcoin (BTC) Could Revisit $20,000 By 2021

$20,000 Bitcoin Floated… Again Researchers at Canaccord Genuity Capital Markets, a Vancouver, Canada-based financial institution, recently released a research note regarding Bitcoin (BTC) and the cryptocurrency market. Interestingly, they...

Ernst & Young Announce New Bitcoin Tool

Professional Services firm Ernst & Young (EY) have announced the launch of a new tool designed to help people with their cryptocurrency tax filing. This comes as we approach international tax deadlines...

Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet

Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change...

Another Cryptocurrency Bet Over Bitcoin

Just this week, a report came through that Financial Survivalism, an upcoming Cryptocurrency analyst with his roots deep in insurance, bragged about obvious doubts towards the recent state of bitcoin’s price.

Can Bitcoin Hit Triple Digits? Trader Suggests A High Of $336,000 In The Next...

More pessimistic Pundits have predicted the demise of Bitcoin over 336 times. Following the recent price drop, and the general crypto winter being experienced in the market, this might just be one...

Bitcoin (BTC) Payments at Chess.com Temporary Suspended

Because of “super frustrating” KYC requirements and  BitPay $10 limit, 27,324,757 members of Chess.com will now have to pay their membership plans with fiat and other alternatives, not Bitcoin. The temporary decision to suspend...