A Brief History of Bitcoin- All You Need to Know!

A Brief History of Bitcoin

Bitcoin became a global buzzword when its price skyrocketed to $19,783 in 2017. However, soon after, bitcoin’s prices fell only to rise again, reaching an all-time high of $41,973 on the 8th of January, 2021. Cryptocurrency in general and bitcoin, in particular, has only grown in popularity over the last few years. And, more so,

How is Bitcoin Better than Cash or Any Other Traditional Currency?

Bitcoin is Better than Any Traditional Currencies

Launched almost 11 years ago, Bitcoin has emerged to be a better medium of exchange than other conventional currencies, and the reasons are manifold. Bitcoin is a digital currency, more specifically a computer program that runs independently of third-part oversights like banks or other government institutions. Bitcoin is the most popular cryptocurrency but it is

Bitcoin is for Gamblers Only – Analyzing the Norms

Bitcoin is for Gamblers Only

The cryptocurrency was accepted by online gambling websites in 2013. Since then, Bitcoin has become a valid currency for gambling platforms around the world. BTC tokens are now circulated among online crypto gamblers, who make fortunes with the volatile Bitcoin market uptrend. Over the years, Bitcoin began gaining recognition as a popular option for payments

Bitcoin ATM Market Set to Grow Between 2021-2025

Bitcoin ATM Market Set to Grow Between 2021-2025

A research report suggests that the Bitcoin ATM market is set to witness phenomenal growth between 2021-2025. Bitcoin ATMs are automated teller machine kiosks similar to traditional ATMs, but Bitcoin ATMs are specifically dedicated to carrying out bitcoin-related transactions. With the rising popularity of bitcoins and their wider reach in the crypto-world, bitcoin ATMs are set

Neptune Digital Assets Partners with Link Global

Neptune Digital Assets Partners with Link Global

Neptune Digital Assets entered into a strategic partnership deal with Link Global to venture into the Bitcoin mining segment. As per the news reports, the announcement stated that the Bitcoin mining process would commence soon, in this month itself. Neptune Digital Assets is a trading and portfolio management company dedicated to cryptocurrencies. In comparison, Link

China Halts Bitcoin Mining in Inner Mongolia

China Halts Bitcoin Mining in Inner Mongolia

In a major development, the fast-growing cryptocurrency mining operations in the Inner Mongolia region of northern China are likely to face a severe setback with the country’s latest decisions. The regulatory channels have decided to shut-down the working of the existing mining hubs and have restrained the launch of any new mining project. The efforts

Bit Digital Declares 424.7 Bitcoins Worth $14.8 Million

Bit Digital Declares 424.7 Bitcoins Worth $14.8 Million

Bit Digital, a US-based leading Bitcoin mining player declared its 424.7 Bitcoin-rich reservoir minted in January 2021. As per the news report, these 424.7 Bitcoins are unaudited, worth $14.8 million that the company generated in January this year. Bit Digital, listed on Nasdaq as BTBT, had a reserve full of 262.6 Bitcoin by the end

Fidelity’s Global Macro Head Compares Bitcoin with Gold

Fidelity’s Global Macro Head Compares Bitcoin with Gold

Jurrien Timmer has compared the potential of investing in Bitcoin to Gold, indicating the changing tone and scenario in the Fidelity Investments about cryptocurrencies. In a research note written to the investors, Timmer compared Bitcoin as a tool that can provide a hedge against inflation while comparing its value to the Digital Gold. Timmer also