Oscar-winning actress Gwyneth Paltrow has announced she’s giving away $500,000 in Bitcoin to followers as part of a new partnership with the crypto payment platform Cash App. According to a series of social media posts, Paltrow is partnering with Square’s Cash App in order to promote adoption and acceptance of […]
The U.S National Security Agency has been secretly spying on the Bitcoin blockchain for over five years now. This is according to classified documents that were released by the infamous U.S whistleblower, Edward Snowden. While at first, the surveillance involved monitoring the decentralized ledger for any criminal elements, the NSA […]
Key Takeaways Veteran trader Peter Brandt thinks the price of Bitcoin has not bottomed out. His perspective is informed by the lack of panic selling in the current market. Brandt’s view has been disputed by on-chain analyst Willy Woo who thinks panic selling is unlikely to happen. The price of […]
Bitcoin and other cryptocurrencies are not applicable on a national level. To process the same number of digital transactions currently handled by the national retail systems, the distributed ledger would swell beyond the capacity of servers. With millions of users exchanging hundreds of millions of files, the sheer volume would […]
During a recent Australian Business Economists forum, the Head of Payments Policy Department for the Reserve Bank of Australia, Tony Richards, had a lot to share on cryptocurrencies and distributed ledger technology in the Reserve Bank’s perspective. Of particular interest was whether the bank might consider issuing a digital version […]
Michael Saylor has revealed that he holds over 17,000 Bitcoin. His company. MicroStrategy holds over 122,478 BTC and plans to keep accumulating. Saylor has been incredibly bullish on Bitcoin in recent months, rallying investors to keep their holdings. Michael Saylor, co-founder, and CEO of MicroStrategy took to Twitter to reveal […]
Cryptocurrencies extended their gains for the second day today with a rally of around half a percent. Cryptocurrency market capitalization increased 0.56 percent to $2.27 trillion. Bitcoin is trading at $48,682.4, 23 percent short of the psychological $60 k level. $50k level is just a tad away at 2.7%. 69 […]
Key Takeaways Bitcoin miners unspent supply sitting just 500 BTC below its previous all-time high according to Glassnode. The data asserts the bullish position of Bitcoin miners. Despite a high profit margin, Bitcoin mining still faces some serious challenges. Bitcoin miners have been HODLing their mined Bitcoins according to data […]
A wallet holding 321 bitcoins that had not been touched for nearly a decade has very recently been used for a transfer. According to a report by Cointelegraph, a Bitcoin wallet containing millions of dollars worth of BTC has been reactivated after nearly eight years of dormancy. The wallet, which […]
The Lightning Network is a payment system, conceived by Joseph Poon and Tadge Dryja about a year and a half ago. It uses the security of the Bitcoin network, to facilitate transactions off-chain between users at minimal expense. This payment system is one of the most expected innovations that can […]
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