Bitcoin News
Bitcoin (BTC) is the very first and largest cryptocurrency by market capitalization that was allegedly invented by an unknown group of programmers called Satoshi Nakamoto in 2008. The cryptocurrency has been instrumental in making cryptocurrencies popular among masses with many influencers holding onto the coin in large numbers. The latest Bitcoin news has always seen debates and controversies surround the coin. While some support it in its entirety, some are skeptical about it. One major reason for the aversion is the price of Bitcoin which is subject to extreme volatility.
The interesting bit about Bitcoin is its limited supply which has been capped at 21 million coins. Bitcoin halving event is also one of the important developments in the crypto sphere as with each halving the rewards for mining of the coin becomes halved. This is an interesting strategy adopted by Bitcoin to decrease its supply in the crypto market and keep the demand on the boil. In December 2017, the coin reached its maximum value of around $20,000. However, it wasn’t able to keep up the momentum and lost much of its value subsequently. The market capitalization of the digital coin has surpassed $138 billion and thanks to its craze among people from all walks of life, Bitcoin continues to remain on top of the cryptocurrency ladder. Bitcoin is considered a valuable asset in the crypto market from an investment viewpoint, although the value of the digital coin, like other cryptocurrencies, is quite turbulent. The cryptocurrency works on the principle of blockchain technology which essentially means there is no centralized server to control transactions. Rather, the open ledger technology uses proof of work protocol and electronic signature to provide a safe and immutable transactional experience to users.
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Nov- 2023 -6 November
MicroStrategy CEO backs Bitcoin for capital preservation
Michael Saylor, the CEO of MicroStrategy, has expressed support for implementing Bitcoin within corporate settings. Michael is of the opinion…
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Oct- 2023 -5 October
Central bank test lab creates a Bitcoin mapping system
A global central bank test lab recently developed a prototype for a Bitcoin mapping system. The prototype will help authorities…
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4 October
After 5 years, Satoshi Nakamoto tweets, spurs crypto speculation
Satoshi Nakamoto is believed to be the creator of Bitcoin. That is not their real identity, but only a pseudonym…
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3 October
Babylon Unleashes Bitcoin Staking MVP at Cosmoverse Event
Babylon, a blockchain platform focused on crypto security, has launched its Minimum Viable Product (MVP) for its Bitcoin staking protocol…
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Sep- 2023 -20 September
Nomura introduces its Bitcoin adoption fund
Nomura, which is the biggest investment bank in Japan, has come up with a Bitcoin adoption fund. The idea is…
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6 September
Bitcoin rallies back to low after Grayscale’s win vs SEC
Grayscale and the SEC were in court for a long time; however, it ended with Grayscale securing a win against…
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Aug- 2023 -14 August
Current SEC to disapprove a spot Bitcoin ETF
John Reed Stark has expressed their opinion over the SEC approving spot Bitcoin ETF. John is the former Chief of…
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Jul- 2023 -25 July
Global X files for Bitcoin Trend Strategy
Global X, an ETF issuer, has filed for Bitcoin Trend Strategy. This is in contrast to others in the market…
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3 July
Bitcoin miners expand and profit in new markets
Avi Felman, Head of Digital Asset Trading at GoldenTree, emphasizes the promising potential of Bitcoin miners diversifying into high-performance computing…
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Jun- 2023 -21 June
Bitcoin (BTC) hits $28,000, the highest since May
In a remarkable development, Bitcoin has surpassed the 50% mark in the crypto market for the first time since April…
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15 June
BlackRock goes after BTC for investment
BlackRock is one of the biggest banks in the USA. It is now going after Bitcoin with a huge share…
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May- 2023 -2 May
DHI admits to carrying out Bitcoin mining in Bhutan
The investment wing of the Himalayan kingdom of Bhutan is Druk Holding and Investments (HDI). The entity recently disclosed the…
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Apr- 2023 -25 April
Standard Chartered sees BTC crossing $100k by the end of 2024
Bitcoin is currently trading at $27,389.10 at the time of drafting this article. The mark is well below $30k; however,…
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5 April
BTC market Paxful to close due to dwindling P2P market
Paxful, a peer-to-peer bitcoin marketplace, has ultimately taken the decision to close its shutters once and for all. According to…
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Mar- 2023 -28 March
MicroStrategy returns the total Bitcoin collateralized loan
On the 23rd of March, 2022, MicroStrategy happened to have approached the Silvergate Bank and duly signed a Credit and…
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Jan- 2023 -3 January
A bitcoin developer reports the hacking of his wallet
One of Bitcoin’s primary developers, Luke Dashjr, made the shocking announcement that his wallet had allegedly been compromised. According to…
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Dec- 2022 -26 December
Winter Storm hits bitcoin mining, drops Hash rate by over 30%
Bitcoin miners in the US have had difficulty mining bitcoins during the current winter storm. Since Saturday, the average hash…
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Nov- 2022 -24 November
Bitcoin’s Future: Given governments control over the crypto ecosystem
Fundamentals of decentralization are being discussed within the community for further expansion, specifically talking about moving ahead with Web3. Governments…
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Jun- 2022 -7 June
Advantages & Disadvantages of Bitcoin Casino Free Spins
Introduction Free spins for slots are undoubtedly one of the best offers that certain many online casinos offer and grip…
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Apr- 2022 -26 April
The Worldwide Popularity of Bitcoin Roulette
Overview of Bitcoin Roulette The word ‘roulette’ comes from the French word ‘roulette,’ which means little wheel. The outcome of…
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