Bitcoin

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Bitcoin Information


What is Bitcoin Bitcoin is the first digital currency that allows users to send and receive money, without the interference of a central bank or government. Instead, a network of thousands of peers is controlling the transactions; a decentralized system.Why does bitcoin have value?Bitcoin’s useful qualities (decentralized, borderless, secure) aren’t the only reason the coin is worth so much. Due to its scarcity (and it’s hard to produce), Bitcoin is often nicknamed ‘Digital Gold’, in reference to ‘classic’ physical gold. Like gold, Bitcoin also has a finite supply of coins available; there will only ever be 21 million bitcoin. And now you know why the creation of new bitcoins is also called mining.No inflation in bitcoinBitcoin was invented in response to a few concerns the inventor(s) had, such as inflation. Its supply is limited, so one cannot just devalue the currency by printing more, as governments often do with fiat currencies (USD, EUR, etc.).As people look for alternative places to keep their money rather than losing value in a negative interest rate account, Bitcoin becomes more appealing. Big global companies, such as Tesla and MicroStrategy already purchased serious amounts of Bitcoin. And its only a matter of time that other companies will follow. This also ensures that the value remains or continues to increase.Who built BitcoinIn 2008, Bitcoin was invented by an anonymous person or group named Satoshi Nakamoto. In 2009, Bitcoin was released as open-source software. Nakamoto’s real identity is still unknown, although there are many theories about who it might be. Decentralization is one of Bitcoin’s most important principles, and that’s why this anonymity is perfectly in line.The technology of BitcoinThe Bitcoin blockchain is a database, the so-called ‘ledger’, that consists of bitcoin transaction records. For new transactions to be added to the ledger, the nodes must agree that the transaction is real and valid. The blockchain is public and contains records of all the transactions taking place.How to buy bitcoin?Continue reading this blog article on how to buy your first bitcoin.

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USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
39955.74 $ 0 % 11.02 Billion $
39985.67 $ 0 % 3.42 Billion $
39929.12 $ 0 % 1.59 Billion $
80.43 $ 0 % 1.53 Billion $
33.33 $ 0 % 578.50 Million $
39863.34 $ 0 % 499.15 Million $
15.9 $ 0 % 223.10 Million $
0.5331 $ 0 % 81.96 Million $
74.85 $ 0 % 16.06 Million $

Bitcoin News Show morenavigate_next

Bitcoin converts wasted energy into a different kind of battery for a more sustainable future. The battery of human time effort and ingenuity money.This is an opinion editorial by Mickey Koss a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.In a prior article I discussed probabilitybased energy systems how they can nega

The famous author of the bestselling book Rich Dad Poor Dad Robert Kiyosaki has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.Robert Kiyosaki Predicts Imminent Crash of US DollarThe author of Rich Dad Poor Dad Robert Kiyosaki is back with a dire warning

In a twoyearold gaming app fraud case the top Indian financial crime investigating agency has frozen 85.9 bitcoins equivalent to 1.6 million held in an account on Binance. Separately it also froze WRX the native coin of WazirX and USDT together worth nearly 550000.Earlier this month the agency raided several premises in Kolkata in this case and recovered Indian currency equivalent to 2.2 million.

The post Weekly MacroSlate Central banks start to panic and pivot all eyes are now on the fed. What does this all mean for Bitcoin appeared first on CryptoSlate.

Recent onchain metrics suggest that a Bitcoin BTC bottom might be forming but the chances of the flagship asset dropping below its lowest value are increasing due to weak volume.Due to current macroeconomic conditions among other reasons BTC has seen its value drop below 20000 on several occasions in the past few weeks forcing analysts to issue warnings about the possibility of the asset trading b

274 days or roughly nine months ago the crypto economy was worth 2.34 trillion and at 967 billion the aggregate value of all 13192 crypto assets is 1.48 trillion less. Most of the top digital currencies tapped an alltime price high in November 2021 and today a great majority of the top crypto assets are down between 70 to 90 in value against the U.S. dollar.9 Out of 12 Crypto Assets Have Lost Sign

The United States Securities and Exchange Commission SEC has accused two companies their executives and a supposed international gold trader of running a fraudulent scheme to boost demand for their digital token.The false promotion of the token netted proceeds of over 36 million for the defendants the agency said.A Fake 10 Billion Gold Bullion AcquisitionAccording to a lawsuit filed on Friday Sept

According to a recent report the worlds largest derivatives exchange CME Group is looking to register as a direct futures commission merchant FCM. CME Groups decision follows the digital currency exchange FTX as the crypto company applied to become a derivative clearing organization and awaits approval from the U.S. Commodity Futures Trading Commission CFTC. If CME Group is approved to be an FCM t

Bitcoin has yet to make a decisive move in any direction as the primary cryptocurrency continues to wrestle with the 18K support level. A bearish breakout below this position could be disastrous.Technical AnalysisBy EdrisThe Daily ChartBitcoins price overlaps with crucial support on the daily timeframe as it oscillates in a very tight range between the significant descending trendline and the 18K