As bitcoin’s price keeps setting new yearly highs, the question on everyone’s mind right now is whether it’s different this time. Let’s take a closer look at why this rally is nothing like the “bubble” in 2017. As many experts pointed out, BTC going above...
Bitcoin’s price loosened up a little from yesterday price however, it has not broken the 12,000 dollar barrier. As stated by Coindesk’s index, one Bitcoin could bring you down by $11,222.71 which is a 3.53% rise from yesterday's price at 13:55 UTC. The unstable movement in the price of Bitcoin’s...
Bitconnect, the lending and exchange platform that was long suspected by several people within the crypto community of being a Ponzi scheme, has declared it’s closing down. In a release on its web site the platform said the closure is attributed to “continuous unhealthy press” surrounding the platform, 2 cease...
Devs propose yet another layer to save the legacy chain. How the Lightning Network works In the Lightning Network—Bitcoin Core’s scaling solution of choice for the legacy chain, users do not transact on the blockchain directly. Two users open a “payment channel” and transact through that channel or second layer (Lightning Network)...
If you bought 1 bitcoin yesterday, it would've cost you $12,000 and someone in your family probably would've called you a mad man. Just one day later, however, you'd be able to sell that bitcoin for $15,000. The market cap of the world's most popular cryptocurrency is currently at $252 billion, and...
Bitcoin's long wait for the Lightning Network is almost over. Announced today, the startups behind the three most active Lightning implementations have revealed test results, including live transactions, proving their software is now interoperable. The findings, released by ACINQ, Blockstream and Lightning Labs, effectively bring Lightning (the mechanism many see as the...
The Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200. According to average exchange data from Coinmarketcap, Bitcoin was trading just under $13,000 at press time, having corrected after breaking the barrier for the first time. A new record has become an almost daily occurrence for Bitcoin...
Taking the plunge and entering the crypto space can be daunting. There is no centralised authority to hold your hand, and the rumours and stories circulating around digital currencies can be fear-inducing. However, with a few straightforward tips, negotiating that first Bitcoin transaction or trade can be a lot less stressful. 1. Do...
CME Group’s announcement that they will begin trading Bitcoin futures catapulted the Bitcoin market to new highs two weeks ago. Many Bitcoin investors are waiting with bated breath for trading to commence and are expecting further price growth. Indeed, when the world’s largest futures market recognizes Bitcoin as a legitimate...
The Bitcoin rate spike, still alive despite bitter divisions in the community that supports the cryptocurrency, has laid bare the biggest problem with Bitcoin: Compared with fiat currencies, it's painfully inconvenient and expensive to use as a means of payment. Bitcoin is set up to reward users for verifying transactions. Miners who...