Bitcoin News

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

Bitcoin Symbol: ₿ Bitcoin Ticker: BTC,XBT

Japan’s GMO Internet Launches World’s First 7nm Bitcoin Miner

Japanese IT giant GMO Internet has announced prices and specs for its new-from-the-ground-up bitcoin miner – the world's first based on a 7nm chip. At a press conference, the company said Tuesday that its 7nm ASIC (application-specific integrated circuit) that will power the new B2 Miner is designed in Japan, but assembled in Taiwan. The arrival of a 7nm chip is notable since it ushers in more hashing power for bitcoin...

Read more
Microsoft – Decentralized Digital Identities and Blockchain

The news may be especially bullish for Bitcoin as Microsoft developers hint they will use the actual Bitcoin chain to build the platform. Microsoft to Present Decentralized Identity Proof of Concept at Consensus 2018 based on Bitcoin's Lighting Network.   Ankur Patel, Principal Program Manager of Microsoft’s Identity Division, is leading these incubations and explained in a blog post the value of digital identity for the billions of people living...

Read more
Intercontinental Exchange (ICE) will allow customers to get their hands on Bitcoin

Intercontinental Exchange (ICE), the origin company of NYSE, reportedly plans to allow traders a swap contract that will allow customers to get their hands on Bitcoin the following day — along with the backing and stamp of approval of the exchange. This type of contract brings further legitimacy to the transaction because it puts the trading under the oversight and regulation of the Commodity Futures Trading Commission. More broadly, this...

Read more
Goldman Sachs to Open a Bitcoin Trading Operation

SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin. But Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank. In a step that is likely to lend legitimacy to virtual currencies — and create new...

Read more
Reddit’s Co-Founder Alexis Ohanian Skips Daily Business to Invest in Blockchain

In February, Reddit co-founder Alexis Ohanian said he would step down from his daily role at the company to return to investing. Ohanian is now full-time at Initialized Capital, the early-stage VC firm he co-founded with Garry Tan in 2012. The firm has more than $250 million in assets under management, and its investments include Coinbase, Instacart, Zenefits, Opendoor, Soylent, Cruise Automation, and Standard Cognition. Ohanian told Term Sheet. “It’s...

Read more
The First Real Smart Contract In The World For Bitcoin Holders

Smart Contract is a blockchain analog of accustomed legal contracts To be fair, this is one of a couple possible ways in which to use Smart Contracts. In this article, Smart Contracts are defined as a specific code to complement or completely replace customary legal contracts. Basically, Smart Contracts are the contracts on which terms are encoded in computer language instead of legal language. Up until now, the Smart Contract...

Read more
Malta Blockchain Summit 2018

Malta on best track to become a blockchain hub With the announcement of Binance’s relocation to Malta, the world’s largest cryptocurrency exchange, it becomes increasingly clear that Malta is on the best track to become a blockchain hub. This is also evident from the prominence of the first Malta Blockchain Summit, set to take place at Intercontinental in St Julian’s in November 2018. The summit will cover four conferences and...

Read more
Coinbase Launches the Cryptocurrency Index Fund

The Brokerage Platform with Cryptocurrency Operations and Currency Exchange Operator, Coinbase launches a cryptocurrency index, and you can invest with Bitcoin. Coinbase President and COO Asiff Hirji stated the new product Tuesday, during a CNBC "Fast Money" appearance. Hirji told that the Coinbase Index Fund, which will initially be accessible only to accredited investors would hold market-weighted positions in the four cryptocurrencies currently on the GDAX, the company's commodity exchange,...

Read more
SXSW 2018 Conference ‘New Girls on the Block.’

The first ever blockchain-focused summit to run during the South By South West festival is set to be held in Austin, Texas on March 12 and 13, with the topic of women in blockchain set to headline the agenda. Held at the Kimpton Hotel Van Zandt, the CryptoFriends Crypto Summit in association with Superbloom is dedicating the entire first day to ‘New Girls on the Block’ a series of fireside chats,...

Read more
The Bitcoin Price Increases by More Than 11,600 USD as Bulls Strengthen Positions

Cryptocurrency markets recorded an advance minus Tuesday, with earnings concentrated in a small group of coins. Bitcoin price and the Litecoin price were the titles of the day, while Ethereum and other top cryptocurrencies struggled to iron water. The cryptocurrency market cap increased sharply to 516.8 billion dollars but dropped from 507.9 billion dollars. That represents a one-day rise of 7.2 billion dollars and is equivalent to a boost of...

Read more