Once the Bitcoin rewards halving goes through on May 12, the annual inflation rate of the cryptocurrency will be about half of the global average. As crypto analyst Mati Greenspan noted on Twitter on April 26, the annual inflation of Bitcoin (BTC) will fall from 3.65% at the time of press to 1.8% once Read more…
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Read more…
Recently, one Bitcoin fan won a virtual NASCAR race — featuring the current NASCAR Cup Series Drivers’ Champion Kyle Busch — in a white and orange car that was covered with the Bitcoin logo. The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). Kyle Busch is the current Drivers’ Champion; he Read more…
Decentralization is one of the key characteristics that define Bitcoin and its vision of finance. While Bitcoin’s Proof of Work consensus algorithm has proven to be highly secure and robust, there have also been a few downsides that have hindered Bitcoin’s growth. The mining community keeps the network alive, however, increased levels Read more…
The crypto division of analytics firm Weiss Ratings called Tezos (XTZ) and Cardano (ADA) superior to Bitcoin in terms of technology. According to the most recent update to the Weiss Crypto Ratings, tezps and cardano are the top two blockchain projects in terms of technology. Weiss rated both crypto-assets as “excellent” in Read more…
The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close. In the upcoming days, the 200-day simple moving average (SMA) found Read more…
On Apr. 25, reputable media outlets in Japan and China reported that North Korea’s dictator Kim Jong-un had passed away after a failed heart surgery. While North Korea is yet to officially confirm the death of its supreme leader, the news sparked speculations about what the Hermit Kingdom would do with Read more…
A new trend has surfaced around the National Football League. There is increased demand for receiving salary in Bitcoin among players. This movement is led by Russell Okung, american football offensive tackle for the Carolina Panthers in the National Football League (NFL). He considers himself a full on “bitcoiner” who Read more…
Russell Okung, an American football offensive tackle for the Carolina Panthers in the National Football League (NFL), was in an exclusive interview where he declared Bitcoin as a remedy for the global economic crisis as the cryptocurrency offers “Practical Solution” against legacy finance. Bitcoin changes everything During the interview, he was Read more…
This year has been bittersweet for Bitcoin so far. The journey which most people thought was going to be smooth has turned out to be something else. Irrespective of the fact that Bitcoin and the crypto market are struggling this year, the digital coin has still managed to put up Read more…