The exciting start of 2020, in terms of price action, has brought serious retail attention to the cryptocurrency market. Google
Bitcoin is the first decentralized cryptocurrency, based on the blockchain technology. It doesn’t have a physical form as it’s entirely computerized. It’s stored in digital addresses and can be accessed using their private keys.
Back in 2009, Bitcoin was first introduced to the world. It was detailed in a whitepaper called Bitcoin: A Peer-to-Peer Electronic Cash System, published by the pseudonymous Satoshi Nakamoto, the identity of whom remains unknown.
Bitcoins are generated through a process that’s commonly referred to as mining. The main objective of miners is to validate the transactions on the network and to store them in blocks, which are then added to the ledger. Hence, the name – blockchain. For every added block, miners receive a reward in Bitcoins. They are also compensated for their work through the so-called mining fees.
Bitcoin is also the world’s first digitally scarce object. Its code is written in a way that would allow the existence of 21 million bitcoins. Once this number is reached, no new bitcoins will be added to the market, and miners will only earn profits by collecting fees.
Recent Bitcoin News
The cryptocurrency market is growing at a notable rate since the beginning of 2020. Interestingly enough, the growth is across
Democrat Andrew Yang, who previously urged for more transparent cryptocurrency regulations, has suspended his 2020 presidential campaign. With recent disappointing
India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve
Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset.
The coronavirus which started from Wuhan, China, earlier in January, shows no signs of slowing down. With over 910 people
VanEck, New York-based investment management company, recently published a report regarding Bitcoin and its role in the market. By outlining
Bitcoin’s pre-programmed scarcity is one of its most impressive qualities. It’s the world’s first truly scarce digital object. The implications
The cryptocurrency market shows no signs of slowing down so far in 2020. After charting one of the most impressive
Yoni Assia, eToro’s CEO: Despite The Dinner, Warren Buffett Is Still Not a Fan of Bitcoin, But Understands The Potential Of Blockchain (Exclusive)
One of the most heavily commented meetings in the cryptocurrency community finally took place. According to a recent report, Tron