New Mt. Gox Rehabilitation Plan May Change the Direction of Bitcoin
The long-awaited Mt. Gox rehabilitation plan nears its deadline set for December 15, causing immense fear for Bitcoin investors. With 150,000 BTC at stake, market participants
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
Israeli Insurance Company Shirbit Gets Hacked, Criminals Demand Ransom in Bitcoin
An Israeli insurance company Shirbit was attacked by the Black Shadow hacker group earlier this week. The criminals are now demanding a $4 million ransom in Bitcoin.
Bitcoin Monthly Active Addresses Hit 19.6 Million in November
According to Glassnode, an on-chain market analysis platform, 19.6 million Bitcoin were active in November 2020 sending or receiving BTC. That was the third-highest number ever for a single month, following December 2017 and January 2018. In December 2017 and January 2018, these numbers were 21.64 million and 19.67 million respectively.
Blockstream Dev: Bitcoin Is Already Scalable, TPS Does Not Matter
Core Blockstream developer Samson Mow revealed on his Twitter that the Bitcoin network processes nearly half a million dollars every second. According to Mow, the asset
Bitcoin Surpasses JPMorgan Market Cap After Reaching $19,000
As Bitcoin reached prices that were last seen at the high of 2017’s bull run, the leading cryptocurrency’s market cap hit $352 billion and surpassed JPMorgan.
Softbank CEO: Bitcoin Will Be Useful, but It Is Hard To Understand
During a recent business conference, the CEO of the largest banking conglomerate in the world described his experience and view on Bitcoin. As reported by Business
Bitcoin Price is at Levels Not Seen Since 2017: Factors and Future Predictions?
On Wednesday, November 18, 2020, Bitcoin price crossed $18k and reached $18,249 before coming falling back to $17,600 at the time of writing. These price levels have not been seen since the all-time high three years ago in 2017 when BTC price reached $20,000. According to CoinMarketCap, Bitcoin’s current market cap is currently hovering at around $325 billion at the time of writing.
New York-Based Bit Digital Purchases $13 Million Worth of Bitcoin Miners
Bit Digital announced buying new mining hardware for its growing portfolio. The New York-based, Nasdaq-listed company wants to improve its hash rate by attracting investors to
China Construction Bank Sells $3 Billion Worth of Bonds Tradable With Bitcoin
China Construction Bank announced a new plan for issuing debt bonds on the blockchain. According to a local news outlet, it’s the first time that Chinese banks
S2F Model Creator Reiterates $100k Bitcoin for December 2021
Twitter account Plan B, the creator of the Stock-to-Flow (S2F) model, still believes that Bitcoin will reach $100k by December 2021. On November 8, the analyst
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