Long-term Bitcoin holder buys hit $10B mark as price slips below $60K
Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000.
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Canadian City of Calgary Launches Local Digital Currency for Intracity Transactions
Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. The Calgary Dollar will allow holders to pay for services and goods at local shops, Canadian major media outlet Global News reports Friday, Dec. 7.According to HuffPost Canada, the Calgary dollar was initially launched in 1996, with citizens and businesses…
As faith in audits falter, the DeFi community ponders security alternatives
As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members of the DeFi community have already begun building homegrown alternatives.“I think that now, after all the hacks we’ve had, we basically understand that if…
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.” 512 Total views 22 Total shares Amid the crypto market downturn, El Salvador finally makes a decisive step to the realization of its ambitious “Bitcoin bonds” project. The Minister of the Economy Maria Luisa…
Bitcoin Beats Google Trends in 2018 as Internet Users Seek to Know ‘What It Is’
Google data shows ‘What is Bitcoin?’ was the most popular search question in the United States and United Kingdom for 2018, showing Bitcoin (BTC) has topped public consciousness online this year.Capping various achievements in search rankings over the past twelve months, Bitcoin’s latest price volatility saw interest in understanding it peak again following a period…
Price analysis 10/23: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV
PayPal’s crypto announcement acted as a trigger that drove Bitcoin (BTC) price to a new 52-week high. During such news-based events, traders holding short positions are caught off guard and are forced to cover their trades, resulting in the type of short squeeze seen during the Oct. 21 rally.However, after this initial burst, the next…
Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. 84 Total views 4 Total shares
Most blockchain advocates haven’t even used Bitcoin
Bitcoin (BTC) popularised the term blockchain. Blockchains, or “decentralized and distributed digital ledgers used to record transactions across a network of computers,” have been around for over thirty years, the household name for a blockchain is Bitcoin. That’s despite the fact that the Genesis block was mined well over 14 years ago when George W. Bush…
Bitcoin Set to Enter Disbelief Phase — Should Hodlers Prep for $2.8K?
Bitcoin price (BTC) performed as expected over the past week as 8% was shaved off its price of $7,571.80 between Dec. 8 and Dec. 14. Does this mean the digital asset is due for a reversal? As much as Bitcoin holders and I want this, one has to look at the facts. Currently, Bitcoin has a…