Bitcoin is a cryptocurrency. It was invented in 2009 by Satoshi Nagamoto. It can be used to purchase goods and is a virtual money. You can also transfer it to the bank. PayPal enabled its customers to purchase bitcoins through their company last year. All bitcoin transactions are online and managed from many computers. Although cryptocurrency can be used […]

New Research Reveals ‘Systemic Risk’ To Bitcoin As Its Price Crashes Under $60,000

The combined cryptocurrency market has exploded to $2.6 trillion this year as mainstream investors flock to digital assets . Since last year’s time, the bitcoin price has risen by almost 400% to $60,000. Bitcoin has dropped sharply in the past 24 hours, falling below the closely-watched $60,000 mark. Researchers found that bitcoin is still held by […]

The Reconciliation Bill May Accelerate Bitcoin Adoption In The U.S.

Proposed bill contains intrusive tax collection methods that would hinder productivity. The recent surge in bitcoin adoption is not surprising given the poorest and least stable countries around the globe. Because bitcoin gives access to a global monetary network that is open and predictable, it benefits the poor and underprivileged in a significant way. While the […]

Bitcoin retakes $47,000 in broad crypto rally as anxiety eases over regulation

Bitcoin ( USD-BTC) jumped more than 10% Friday as investors cheered positive remarks by officials regarding the industry’s regulation. Digital currencies suffered a difficult September, despite developments in China and volatile risk appetite. But, this week’s signals from U.S regulators seem to have given sentiment a boost and sent Bitcoin to its largest intraday rally since July. Other […]

Solana-based data network Pyth says a bug caused bitcoin’s price to crash 90% to $5,402 on its feed to DeFi developers

Pyth Network, a provider of real-time market data, stated Wednesday that a bug led to an error in its feed to DeFi developers. This caused a significant incorrect price for Bitcoin. This affected many solana-run project. The network, which is connected to some the most prominent names in crypto and finance, saw a drop of approximately 90% for […]

Bitcoin rallies on improved market sentiment

BITCOIN, the first global decentralised crypto currency, topped $50 000 (roughly R745 000 this week), a record-breaking 3-month high that continues to recover from a June and July sell-off. As the week progressed, the digital currency fell slightly and was trading at $47490 per Bitcoin on Wednesday afternoon. It reached an all-time high of over $64 […]

Cryptocurrency Update: Bitcoin Rises Again & Ethereum Leads Altcoin Race

Bitcoin, the most important mover in the Cryptocurrency Market, has begun to regain its position, trading at US$45,000. Bitcoin, the ultimate mover in the Cryptocurrency market, has started to regain its position by trading above US$45,000. The next target for Bitcoin is US$50,000. Asher Tan, CEO at CoinJar, a cryptocurrency exchange, stated that he saw many investors […]

Bitcoin price bounces back closer to 2021 all time high

Bitcoin is trying to make a comeback. It was close to $US50,000 (A68,000) for its first time since May. The wider cryptocurrency market, however, also tried to recover massive losses. Bitcoin is the most widely traded cryptocurrency and trades at $A44,000. This comes after the top 10 cryptos (ethereum, dogecoin and dogecoin) added $US300 billion […]