What Is Bitcoin Dominance And Does It Really Matter?
In the crypto world, Bitcoin (BTC) is still the boss. Even though there are about 1800 different types of coins today, Bitcoin still has a ruling reputation. So, if you’re stepping into the crypto world for the very first time, we recommend educating yourself about Bitcoin dominance and its power. It’ll help you make some…
Beginner’s Guide: Bitcoin
Satoshi Nakamoto, a pseudonymous person or team, is credited with the invention of Bitcoin. They first defined the idea in a white paper published in 2008. Bitcoin is a form of digital currency that enables private and secure peer-to-peer transactions over the internet. The idea behind bitcoin is deceptively straightforward. Bitcoin, on the other hand,…
SBF Shunned Down Rumors of FTX Considering Troubled Crypto Mining Businesses
On Saturday, FTX founder Sam Bankman-Fried explained on Twitter that they “aren’t actually looking into the area,” dispelling rumors that the company was thinking about acquiring failing crypto mining companies. On July 2, Bankman-Fried stated on Twitter, “Really not sure why the myth regarding FTX and mining businesses is spreading; however, the original comment was…
Luna Foundation Guard Acquires an additional 37,863 BTC
A Singapore-based organization related to the Terra Luna ecosystem, the LFG (Luna Foundation Guard) has successfully raised an extra $1.5 billion to support its current BTC (Bitcoin) acquisition. LFG obtained 37,863 BTC through over-the-counter swaps with broker Genesis Trading as well as a separate transaction with Three Arrows Capital, a significant crypto venture capital firm….
Bitcoin so far: Highlights of Bitcoin 2022 event
As the world prepares to consume the last 2.1 million bitcoin, an event on Bitcoin so far has been held in Miami from 6th April to 9th April 2022. Bitcoin 2022 was the largest Bitcoin event in history, focusing on the open-source technology’s technological achievements, financial emancipation, and countercultural influence. Let us take a…
MIT Review Report says Quantum Computers Aren’t a Danger to Bitcoin
With his latest opinion piece for Technology Review, Sankar Das Sarma, a physicist from the University of Maryland has brought a sigh of relief to the global crypto community. Shunning the overhyped speculations for Quantum Computing, the expert in his detailed article has clarified that quantum computing is far away from a stage where it…
CME Group Presents Micro Bitcoin and Ether Options For Fans
Hailing as one of the biggest and most trusted derivatives marketspaces, Chicago Mercantile Exchange Group (CME Group) has taken a significant step to further its growth in the crypto sector. The globally-acclaimed financial entity has unveiled micro-sized Bitcoin and Ether options for the escalating crypto community. With this highly-anticipated launch, the CME Group is looking…
Florida To Support Bitcoin Payments For Tax Collection
With cryptocurrencies becoming the mainstream financial tool for investors, governments from across the globe are striving to incorporate them into the core infrastructure. The latest to join this bandwagon is Florida where the government is looking forward to accepting tax payments in cryptocurrencies from the local citizens of the state. Governor Ron DeSantis revealed that…
Salvadoran Chamber of Commerce Reports 14% of Businesses Using Bitcoin Transactions
In addition to digitizing the economy and reducing dependency on US dollars, Bitcoin adoption would also reduce transfer expenses — which currently account for about a quarter of the Central American country’s gross domestic product (GDP) and stimulate investment. A national demonstration of cryptocurrency’s transformational power could occur in El Salvador for the first…
Difference Between Stablecoin And Bitcoin
As the world is constantly evolving, more and more people are becoming more tech-savvy. The global rise of the fintech industry has also added to people’s curiosity to know more about the blockchain and cryptocurrency market. Meanwhile, Bitcoin has always been the leader of the market as many exchanges use it as a major source…
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