#Bitcoin News

Institutions Begin to Explore the Cryptocurrency Space

January 6, 2020 by Ashwath Balakrishnan at Bitcoin

The most trending cryptocurrency narratives in 2018 were undoubtedly "institutions are coming" and "adoption is coming". This is currently seen as a failed narrative, but it has played it in a more realistic way than most expected. Fidelity, J.P. Morgan, and others have more than just dipped their toes into...

Uptick in SegWit Adoption a Positive Sign for Network Congestion

January 6, 2020 by Ashwath Balakrishnan at Bitcoin

One of the longest-standing debates in Bitcoin, regarding the optimal block size, may slowly start to fizzle away as scaling solutions like SegWit make transactions smaller, effectively increasing throughput. As per Segwit.space, a monitoring interface for adoption, over 60 percent of on-chain transactions SegWit transaction format, January 6, 2019. Optimal...

Bitcoin and Ether Market Update: January 9, 2020

Bitcoin, Ether, and XRP Weekly Market Update January 6, 2020

January 6, 2020 by Georgi Hristov at Bitcoin, Price Analysis

The total crypto market cap added $4.3 billion to its value for the last seven days and now stands at $201.9 billion. The top 10 currencies were all in green for the same time frame with Bitcoin SV (BSV) and Bitcoin Cash (BCH) being the best performers with 14.8 and...

Winklevoss-Backed BlockFi to Launch Bitcoin (BTC) Rewards Credit Card in 2020

January 3, 2020 by Aisshwarya Tiwari at Bitcoin

Cryptocurrency lending startup BlockFi is set to expand its suite of products in 2020, starting with a Bitcoin (BTC) rewards credit card, Cheddar reports, January 2, 2020. BlockFi to Expand Its Crypto Arsenal BlockFi, a U.S.-based digital currency lending firm backed by the Winklevoss brothers has stated that it will...

Silhouette with Bitcoin Struck through on a Chalkboard

Bitcoin Has No Real-World Utility, Says Lending Tree Economist Kapfidze

January 2, 2020 by Osato Avan-Nomayo at Bitcoin

2020 is less than a couple of days old but the Bitcoin (BTC) critics are out with the same tired rhetoric as Lending Tree Economist Tendayi Kapfidze tells Yahoo Finance that the top-ranked crypto is a “pyramid scheme.” Same FUD, Different Year In a rehash of old anti-Bitcoin rhetoric, Kapfidze,...

Crypto Performance in 2019: The Highs and Lows

January 2, 2020 by Osato Avan-Nomayo at Altcoins, Bitcoin

As we enter the new decade, BTCManager takes a summary look at the performance of the crypto market in 2019. Bitcoin the King of Price and Network Performance Bitcoin (BTC), the top-ranked cryptocurrency based on market capitalization experienced a much better year-to-date (YTD) price performance in 2019 than in 2018....

A Decade of Bitcoin: How the World’s First Cryptocurrency Grew From Strength to Strength

January 1, 2020 by Ashwath Balakrishnan at Bitcoin

Bitcoin was conceived by Satoshi Nakamoto in 2008 and the network went live in January 2009; since then, the genesis cryptocurrency never looked back, growing stronger on a yearly basis and immortalizing itself in financial history, irrespective of how all of this turns out later down the line. As we...

Sentiment in Bitcoin Remains Strong as Halving Less than 6 Months Away

December 31, 2019 by Ashwath Balakrishnan at Bitcoin

Bitcoin's block reward is due for another infamous halving come May 2020. This reduces the amount of bitcoin rewarded to miners for ordering transactions and creating a new block. Skeptics believe the price of bitcoin may not react the way most people expect, while the "ultra enthusiasts" are still confident...

Crypto Debit Card Comes to Asia Through Wirex and i2C

December 31, 2019 by Ashwath Balakrishnan at Bitcoin

Current cryptocurrency payment solutions are centered around payment processors like BitPay and debit card facilitators like Coinbase and Wirex. North America and Europe already have their fair share of crypto debit card providers, while Asia and Africa are relatively underpenetrated in this segment. Wirex's foray into the continent gives its...

The Retail Challenge Lying Ahead for Crypto

December 30, 2019 by Ashwath Balakrishnan at Bitcoin

Debates have been raging on as to whether cryptocurrencies will ever gain mass adoption or if the tech will exist in a separate system that doesn't compete with traditional finance. Enterprises have adopted blockchain with fervor as early adoption could help them improve coordination between internal teams and external partners,...

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