Bitcoin is highly addictive. For those who come to know and love the cryptocurrency, sending, receiving, and hodling often isn’t enough. Soon they crave Bitcoin merch, which leads to other Bitcoin-based accessories, from stickers to hardware wallets. The final endgame, for a handful who get hooked on the P2P cryptocurrency, is to invest in a […]
You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final […]
The post Pump and Dumps Are the Final Indignity for Dying Coins appeared first on Bitcoin News.
Bitcoin’s 10th anniversary will fall on Jan. 3. As a decentralized currency that belongs to everyone and no one, there is no official way to commemorate its 10th birthday. From wallet manufacturers to developers, every ecosystem participant will have their own suggestions as to how bitcoiners should mark the historic occasion. Also read: Support Grows […]
The post Here’s How the World Will Commemorate Bitcoin’s 10th Anniversary on Jan. 3 appeared first on Bitcoin News.
The campaign to see bitcoin withdrawn from third-party wallets to private wallets on Jan. 3 is gaining traction. Over the past week, hundreds of Twitter accounts, including those operated by prominent figures such as Nick Szabo, have appended “[Jan/3 🔑]” to their Twitter handle to show support for the operation, timed to coincide with Bitcoin’s […]
Explaining Bitcoin to someone who knows nothing about Bitcoin isn’t easy. In fact it’s fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone who’s never peeled one. Two new Bitcoin […]
The post These Two Analogies Will Help You Explain Bitcoin to Anyone appeared first on Bitcoin News.
In Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter. First though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark […]
The post The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts Down appeared first on Bitcoin News.
Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]
The post Coinbase Opens the Door to More Than 30 New Cryptocurrencies appeared first on Bitcoin News.
On Jan. 3, 2019, cryptocurrency proponents the world over will commemorate Bitcoin’s 10th anniversary. While some will raise a glass to Satoshi’s decade-old accomplishment, others may choose to mark the occasion by acquiring a piece of memorabilia. Predictably, there is no shortage of companies lining up to hawk commemorative bitcoin baubles. Also read: Sirin Labs Launches […]
The post Four Ways to Commemorate Bitcoin’s 10th Anniversary appeared first on Bitcoin News.
There’s nothing particularly special about a bitcoin transaction. Every day, 300,000 of them occur on the BTC and BCH networks without fanfare. But occasionally, a perfunctory transaction will attain historical significance. These bitcoin transfers can be viewed in any blockchain explorer, where they have been immortalized by the public ledger and mythologized by the public. […]
Rather than round up a series of stories from the deep web, this week we’re focusing on just the one. The tale, concerning Silk Road’s most enduring mystery, is so labyrinthine it warrants recounting in full. Also read: 5 Opsec Errors That Caused Cryptocurrency Users to Lose Everything ‘Redandwhite’ Indicted in Black and White Silk […]