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Bitcoin News

 


What is Bitcoin?
Bitcoin (BTC) is the world’s first open-source, peer-to-peer cryptocurrency developed by a pseudonymous person or group of people under the name of Satoshi Nakamoto in 2008. The identity of Satoshi Nakamoto remains a mystery. The crypto is run on distributed ledger technology, also known as blockchain. Bitcoin allows for lower transaction fees than traditional online payment systems, and is decentralized, unlike government-backed currencies. Bitcoin is the world’s largest cryptocurrency by market capitalization and has a limit of 21 million coins. The cryptocurrency uses a proof-of-work protocol to enable security, privacy, and legitimacy of monetary transactions. The issuance of Bitcoin requires mining, where programmers solve a difficult cryptographic puzzle to be able to mine Bitcoin, which earns them a reward. Bitcoin remains the most popular cryptocurrencies, all other cryptocurrencies are known as altcoins.


OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist
Colin Wu, a Chinese blockchain journalist thinks it is unlikely Mingxing Xu, the founder of OKEx crypto exchange has anything to do with a Yuan money-laundering scheme.
PayPal Finally Enables Cryptocurrency Payments and Shopping
PayPal's customers will finally be able to make payments and shop using digital currencies such as BTC, ETH through PayPal’s online wallets.
Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller
The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
Chainlink (LINK) Price to Gain Bullish Momentum Despite Broken Correlation with Bitcoin
Chainlink has not seen any upside strength recently, even though Bitcoin has been able to rally over 4% in the past 24 hours. What's next for LINK?
Bitcoin Price Breaks $12K Resistance and Aims for $14K as BTC Rallies Higher in the Expense of Altcoins
Bitcoin bulls are now back after weeks of consolidation as Bitcoin’s price recently surpassed the $12,000 resistance level, what level will BTC target next?
What could a Democrat Sweep in US Elections mean for Bitcoin?
What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections?
Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.
Ethereum Price Set to See Higher Gains as ETH 2.0 Beacon Chain Genesis Expected Soon
As the ETH 2.0 beacon chain genesis is coming to fruition soon, it could be a catalyst for Ethereum’s price surge. Here's why.
Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K
Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.

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