Background Bitcoin was introduced in 2009 with the idea of making it the currency of the future, and recent trends suggest that the future has arrived. The value of Bitcoin is setting new records every day, topping all the known cryptocurrencies and has come to be known as “digital gold”.…
Bitcoin Gold is a cryptocurrency, and it is a hard fork of Bitcoin, the leading and most popular cryptocurrency in the world. The developers created Bitcoin Gold with one principle – it is impossible to mine Bitcoin Gold using ASIC computers. Bitcoin Gold uses the proof-of-work algorithm, Equihash, which is…
Introduction In 2020, Bitcoin emerged as the most lucrative financial instrument for investors around the world. The rise of the cryptocurrency market defined the stellar growth in the value of Bitcoin. While fiat currencies tumbled in the COVID-19 pandemic, the economic slowdown benefitted Bitcoin investors around the world. Today, 1…
Bitcoin and other cryptocurrencies are striving to revolutionize our world. But what is Bitcoin? Who is Satoshi Nakamoto? These are some of the questions we will try to answer in the following sections and look at Bitcoin’s history. Who is Satoshi Nakamoto? Many believe that Satoshi lives in Japan, but…
Bitcoin Scam: An overview Bitcoin is the world’s most popular cryptocurrency. It is also the dominant digital coin by the yardstick of total market capitalization. While buyers and investors’ interest continues to rise in Bitcoin, there is also a steady rise in the scams related to this digital currency. Bitcoin…
The cryptocurrency, Bitcoin (BTC), is a form of digital currency that does not need a central administrator or bank for its distribution, transfer, storage, and transaction. Invented by Satoshi Nakamoto in 2009, the transaction in Bitcoin is purely computer-based and flows from the wallet of one user to the wallet…
Elon Musk, the legendary electric carmaker, has sounded the market about moving “large transactions” from the balance sheet of Tesla, Inc. to Bitcoin. This was brought out in a Twitter exchange with Michael Saylor, CEO of Microstrategy Inc. Michael is a prominent player in the digital currency field and has…
CI Financial Corporation, Canada’s mutual fund managing company, reached its target of a $72 million fundraise through an initial public offering (IPO) of its Bitcoin Fund. Thereby, it has enabled its customers to access cryptocurrency funds via their already existing investment channel’s. Clients would not need to create new accounts…
The CEO of the leading crypto finance company Delio, James Jung, announced that it launches Bitcoin lending with Hash Power, which affords bitcoins as an endorsement with Hash Power and started affording to those companies which offer hash power like Bitfury mining pools. Delio is a DeFi project. Delio has…