Bitcoin

Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K

A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy.  Data from Cointelegraph Markets and TradingView shows the strong inflows have […]

901
Like
Save
Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021

There appears to be strong support around $30,000, according to traders.

1,019
Like
Save
Discussing Bitcoin Core 0.21.0

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed the newly released Bitcoin Core 0.21.0. Bitcoin Core 0.21.0 is the 21st and latest major release of the Bitcoin Core software, the oldest and most important Bitcoin node implementation, which […]

830
Like
Save
Cantillon Effect 2.0: Bitcoin Is The World’s First Truly Fair Money

This essay strives to explain the Cantillon Effect and how the natural unfairness of all previous monies have always created a world in which the privileged few could take advantage of the unprivileged many. We explore how bitcoin, as the world’s most fair money, alleviates the prevalence of the Cantillon Effect and creates a fairer, […]

54
Like
Save
Bitcoin Core Lead Maintainer Steps Back, Encourages Decentralization

“One thing is clear: this is a serious project now, and we need to start taking decentralization seriously,” said Wladimir van der Laan.

1,254
Like
Save
Bitcoin Developers Weigh the Costs of Defying White Paper Copyright Claim

Should anyone in an open source community have to bear the legal brunt of a seemingly senseless lawsuit?

977
Like
Save
What Does The Digital Yuan Mean For Bitcoin?

The Chinese government hasn’t been too kind to cryptocurrencies in the past years. First, initial coin offerings (ICO) were banned in China in September 2017. Then, following the crackdown on ICOs, exchange platforms that traded cryptocurrencies or provided facilitation services were also ordered to be closed. This made the task of purchasing bitcoin almost impossible […]

1,412
Like
Save
Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […]

165
Like
Save
Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

714
Like
Save
Interview: Making Bitcoin Accessible For Everyone With Randy McMillian

For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Randy McMillian (@RandyMcMillan), a fellow pleb that I met on “Bitcoin Kindergarten” who has been sharing some good knowledge and wisdom on that show lately.  In this episode, we discussed certain interesting topics in Bitcoin that McMillan is most fond of, […]

529
Like
Save
Interview: How To Store Your Bitcoin

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week for the “Bitcoin Magazine Podcast,” Christian Keroles sat down with long-time Bitcoiner and builder Douglas Bakkum. Bakkum is the CEO and cofounder of hardware wallet manufacturer Shift Crypto. He and his team have been working hard from very early on to create a hardware […]

722
Like
Save
Bitcoin extends slide, heads for worst week since March 2020

SINGAPORE (Reuters) – Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs. The world’s most popular cryptocurrency fell more than 5% to an almost three-week low of $28,800 in the Asia session, before steadying […]

70
Like
Save
DFI’ying Expectations: DeFiChain, the Largest DeFi Protocol on the Bitcoin Ecosystem Lists its DFI Coin on KuCoin

21st January 2021, Singapore: DeFiChain — the world’s leading blockchain on the Bitcoin network dedicated to decentralised financial applications — has today announced that it will be listing its native digital currency, “DFI” on KuCoin, one of the world’s largest and most popular cryptocurrency exchanges. KuCoin users will be able to trade DFI starting today, […]

1,341
Like
Save
Market Wrap: Bitcoin Descends to $31K as Ether Funding Rates Drop

Very low spot volume Thursday isn’t helping bitcoin’s price.

952
Like
Save
Bitcoin En Route to $30,000 After Price Falls ~12% in a Day; Here’s Why

Bitcoin plunged roughly 12 percent on Thursday, breaking below critical support levels to target $30,000 for a potential pullback. The sell-off occurred despite a positive risk-on sentiment across the traditional markets. That prompted analysts to blame a flurry of fundamentals, ranging from the US Treasury Secretary Janet Yellen’s remarks on Bitcoin’s use for illicit purposes […]

419
Like
Save
Asset Management Giant BlackRock Hints at Investing in Bitcoin Futures

BlackRock, the world’s largest multi-trillion dollar asset manager, is considering investing in Bitcoin futures through two of its funds.  BlackRock’s Funds Contemplating Bitcoin Futures Investment In a pair of filings with the U.S. Securities and Exchange Commission (SEC) on Wednesday (Jan. 20, 2021), Blackrock revealed that two of its funds may include b. The funds […]

1,439
Like
Save
Stop The Bitcoin FUD: Criminal Cryptocurrency Transactions Are Falling

Despite a 2020 that saw the price of bitcoin rise to all-time highs and set new records for stability, it isn’t too difficult to find Bitcoin FUD being spread. But recently released blockchain analysis demonstrates that the “bitcoin is for criminals” narrative is weaker than ever. The FUD Keeps Coming Yesterday, Janet Yellen, the incoming […]

164
Like
Save
Bitcoin price searches for support near $35K, DeFi tokens move higher

DeFi tokens moved higher while Bitcoin price struggles to hold $35,000 as support. Bitcoin price is finding soft support at $35,000 after dropping 7.4% in the later hours of Jan. 19. According to Cointelegraph contributor Joseph Young, the correction was primarily the result of an overheated derivatives market and uncertainty over whether BTC can recapture […]

1,063
Like
Save
Blockchain Bites: Bitcoin Bubble, Toil and Trouble

Also: “Market professionals” think assets are overheating while Janet Yellen voices her concern about bitcoin.

168
Like
Save
A Hitchhiker’s Guide To Bitcoin Mining In North America

Like a hitchhiker taking to the American highways for the first time, anyone hoping to get a clear picture of the universe of bitcoin mining today might be perplexed at the seeming opaqueness, yet sheer size of the North American mining ecosystem. As a miner recently advised new entrants into the space on Twitter: New […]

882
Like
Save
BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures

The world’s largest asset manager appears to be getting into the bitcoin game.

1,450
Like
Save
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud

The company shed $130 million in value after J Capital’s report.

418
Like
Save
Interview: Cryptograffiti On “Bitcoin Vs. The Fed”

Listen To This Episode: Apple Spotify Google Libsyn Overcast I had the opportunity to sit down with legendary Bitcoin activist/artist cryptograffiti this week to discuss his latest project, “Bitcoin Vs. The Fed.”  You have probably seen cryptograffiti’s art before. He’s well known for his mosaic pictures of Hal Finney and JPMorgan Chase & Co. boss […]

1,321
Like
Save