Bitcoin News

  • Project Weekly|Big Bitcoin transactions are currently dominating

    Golden Weekly is a weekly block chain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, project dynamics, technological progress and other industry trends. This article is a project weekly, taking you at a glance the progress of mainstream projects and star projects this week. Bitcoin Overseas theater operator AMC: plans to support Bitcoin payment by 2022 News on August 10, according to foreign media reports, American theater operator AMC plans to support the use of Bitcoin to pay…

    Bitcoin News 2021-08-15
  • An overview of Bitcoin without technology (below)

    Safekeeping Bitcoin: Wallet The so-called wallet is a software that keeps your private key. The wallet is not part of the Bitcoin blockchain, it is just software that interacts with the blockchain. In fact, there are no bitcoins in the wallet. It just asked the Bitcoin network: “How many Bitcoins are in this address of mine?” Again, a private key can create countless addresses and control the bitcoins under these addresses. For this private key, all these addresses are unique and cannot be confused or mistaken. When the wallet has the private key, it…

    2021-08-14 Bitcoin News
  • 37 listed companies hold nearly US$9 billion in Bitcoin, some lose 22 million and some earn more than 2 billion

    The price of Bitcoin is more volatile than traditional stocks. If a listed company with no relevant knowledge and background invests in Bitcoin, it is tantamount to gambling. One year ago, on August 11, Microstrategy, a listed US stock company, announced its first purchase of BTC. Since then, it has purchased a total of 14 times, with an average of one purchase every 3.7 weeks. Since the announcement of its investment in Bitcoin, MicroStrategy’s stock price has risen by 448%, holding a total of 105,085 BTC, and now 0.56% of the…

    2021-08-13
  • Popular science: an overview of Bitcoin without technology

    introduction When I first learned about Bitcoin, it was just a symbol, a target that I could stare at the screen to go long and short. Buy at a low point, sell at a high point, and get the money, nothing more. But in fact, the connotation of Bitcoin is much more than that. It is a kind of contempt for me to treat this miraculous gift that mankind has harvested like that. It deserves more respect. In the bear market of 2018, after the excitement disappeared along with the profit, I decided to…

    2021-08-12 Bitcoin News
  • The total market value of cryptocurrency returns to above 2 trillion US dollars. Digital currency concept stocks rise in early trading

    Data shows that in the past seven days, Bitcoin has achieved a 15% rise and Ethereum has achieved an 18% rise. In addition, CoinGecko data on August 11 shows that the total market value of cryptocurrencies has returned to above $2 trillion. At the same time, multiple conceptual blocks of the blockchain are also showing an upward trend. Among them, the asset trading sector ranked first with a 39% increase. There has also been significant growth in data on the chain. Analyst Willy Woo tweeted that users on the Bitcoin network are…

    2021-08-12
  • 37 listed companies hold nearly US$9 billion in Bitcoin, some lose 22 million and some earn more than 2 billion

    The price of Bitcoin is more volatile than traditional stocks. If a listed company with no relevant knowledge and background invests in Bitcoin, it is tantamount to gambling. One year ago, on August 11, Microstrategy, a listed US stock company, announced its first purchase of BTC. Since then, it has purchased a total of 14 times, an average of once every 3.7 weeks. Since the announcement of the investment in Bitcoin, MicroStrategy’s stock price has risen by 448%, holding a total of 105,085 BTC, and now 0.56% of the world’s Bitcoin…

    2021-08-12
  • Ethereum will eventually surpass Bitcoin?

    In the past ten days, the market has been abruptly. BTC rebounded 58% from the bottom (29k→46k), and ETH rebounded 88% (1.7k→3.2k) from the bottom. Obviously, this round of ETH is stronger than BTC. Therefore, there have been a lot of discussions about “Ethereum surpassing Bitcoin” in the market recently. In fact, since 2017, this kind of voice or controversy has always existed. At present, the market value of Bitcoin is US$850 billion, accounting for 46% of the total market value of the crypto market ; while the market value of Ethereum is US$360…

    2021-08-12 Ethereum News
  • Exposing the reasons why Bitcoin’s “stagnation period” must end

    Price correction is a healthy aspect of the bull market because it allows assets to recover the momentum of losses. With the price stabilizing below $40,000, Bitcoin has experienced a similar period in the past few days. Although this is the case with BTC, some altcoins took advantage of the lagging rebound and experienced high price fluctuations this week. Although altcoins usually perform during Bitcoin’s stagnation period, such situations are always temporary. As far as Bitcoin is concerned, let’s see how long this stagnation period may last. Bullish altcoins this week Starting from…

    2021-08-11
  • The total capacity of the Bitcoin Lightning Network exceeds US$100 million

    On August 11, according to Bitcoinvisuals data, the total capacity of the Bitcoin Lightning Network has exceeded 2,220.56 BTC. According to its price estimate, the U.S. dollar is worth more than 100 million U.S. dollars, a record high. According to 1ML data, on August 2nd, the network capacity reached 2,100 BTC, a week later, another 120 Bitcoins increased. The current number of Bitcoin Lightning Network nodes exceeds 24,300, and the latest version v0.10.1 was released on August 10. Behind this data are the changes brought about by the innovation and…

    2021-08-11
  • US SEC Chairman Gary Gensler: The contradiction and balance of appointment

    Bitcoin minimalist Gary Gensler, faced with the legacy of the encryption industry before Ren, is he to the left or to the right? At the ASPEN Security Forum in the United States in 2021, the US Securities and Exchange Commission (SEC) Chairman Gary Gensler’s speech caused a lot of splash in the crypto community. Gary Gensler, who is at the center of the debate, is the 33rd chairman of the US SEC nominated by Biden and officially took office in April this year. A series of speeches by Gary Gensler…

    2021-08-11
  • Large Bitcoin trading volume continues to grow, regulation has not deterred institutional investors

    Glassnode’s recent blockchain data shows that the increasingly stringent scrutiny of the crypto market by lawmakers and regulators, including debates surrounding the crypto tax reporting provisions of the U.S. Infrastructure Act, may scare retail investors, but not institutions. investor. The Berlin-based blockchain data company found that large investors represented by large dollar transactions have pushed the price of Bitcoin up by nearly 20% since last week. Analysts said that this trend shows that institutional investors pay more attention to the advantages of cryptocurrencies rather than potential obstacles. Joel Kruger, a cryptocurrency…

    2021-08-10 Bitcoin News
  • The largest U.S. movie theater chain AMC announced that it will accept Bitcoin for movie tickets before the end of the year

    Adam Aron, CEO of AMC Entertainment, said on Monday’s quarterly earnings conference call that the company is building an IT way to support bitcoin payments. Before the end of this year, Crypto is expected to become a payment method supported by AMC Cinemas. Please prepare our popcorn. Aron pointed out in the earnings conference call that AMC will support all theaters in the United States to use Bitcoin to pay for movie tickets online and get discounts . This move has attracted two high-profile investments that have made headlines this year. Bitcoin…

    Bitcoin News 2021-08-10
  • The US Infrastructure Act will really affect Bitcoin? not necessarily

    Blockchain data shows that although US regulators are likely to implement crypto taxation plans, institutional investors are still willing to return to Bitcoin. According to recent research data from the blockchain data analysis company Glassnode, it is found that US legislators and regulators are increasingly scrutinizing the crypto market. Among them, the most concerned is the encryption tax reporting clause of the U.S. Infrastructure Act, which is about to be passed. The move may only scare retail investors, but it will not scare institutional investors. The Berlin-based blockchain data company found…

    2021-08-10 Bitcoin News
  • The U.S. has a backlog of multiple Bitcoin ETF applications, once approved, can it bring the long-awaited results?

    Since the Winklevoss brothers first opened the Bitcoin ETF in 2013, in the past nine years, different institutions in the United States have filed Bitcoin ETF applications, but without exception, they all ended in failure (either rejected by the US SEC, or voluntarily revoked), and even All became a “curse of passing forever next year”. Tomorrow (August 10), the US SEC will once again decide whether to pass the Valkyrie Bitcoin ETF application. Whether it can be approved this time is still a lot of people’s attention. US Bitcoin ETF…

    2021-08-09 Bitcoin News
  • Brazil launches its first eco-friendly Bitcoin ETF

    Brazil launched the first green Bitcoin ETF, BITH11, and now there are 4 crypto-related ETFs on the stock market. Brazil continues to make progress in creating new investment opportunities related to cryptocurrencies. This will be Brazil’s second ETF with 100% Bitcoin exposure, competing with QBTC11, which has also recently been approved. Brazil’s first green Bitcoin ETF will use the audit of the German Crypto Carbon Rating Institute (CCRI) to determine the environmental impact of BITH11 investment, enabling it to invest 0.15% of its current assets in carbon credits and environmental…

    Bitcoin News 2021-08-09
  • U.S. CPI continues to rise: how Bitcoin can save us from inflation

    In a world where the problem of capital mismatch is severe, Bitcoin, a store of value, brings us hope. According to the US Consumer Price Index (CPI, reflecting changes in the price levels of consumer goods and services generally purchased by households) in June, consumer prices rose by 5.4% year-on-year in June this year. This is since August 2008. The biggest monthly increase since. The rise in residents’ wages was largely offset by the rise in the prices of these consumer goods, because people’s daily necessities are increasing. Inflation is becoming a trend. Part…

    2021-08-09
  • A quick look at the cryptocurrency journey of payment giants: Visa, MasterCard, PayPal and Square

    Global payment giants are actively deploying cryptocurrencies, hoping to eat the dividends of the early rapid development of this industry. On July 16, 2021, Square CEO Jack Dorsey stated on Twitter that Square will open a new business to develop Bitcoin hardware wallets that will allow customers to better store Bitcoin. After this tweet was released, Square’s stock price rose 2.7%, and rose 1% at the close of the day. The payment giant Square is actively deploying cryptocurrency-related businesses, which also gives cryptocurrency supporters a lot of expectations for the future…

    2021-08-08 Bitcoin News
  • Mark Anderson, founder of A16z: The potential of the positive feedback loop of the Bitcoin network

    The excerpts of this article are compiled from 2014, when Mark Anderson’s venture capital firm Andreessen Horowitz (A16z) has invested nearly $50 million in Bitcoin-related start-ups. The company is actively looking for more investment opportunities based on Bitcoin. The number of bitcoins he personally holds does not exceed the minimum.  A mysterious new technology has appeared, which seems to have come out of nowhere, but is actually the result of 20 years of intensive research and development by nearly anonymous researchers. Political idealists projected visions of liberation and revolution on it; establishment elites…

    Bitcoin News 2021-08-08
  • Bitcoin breaks through $40,000, and blockchain concept stocks strengthen

    Data on August 6 showed that Bitcoin broke through the $40,000 mark. With the completion of the London upgrade of the Ethereum mainnet, the price of ETH has risen significantly, breaking through US$2,700. At the same time, multiple conceptual blocks of the blockchain are also showing an upward trend. It is worth noting that Bloomberg analyst Mike McGlone gave an optimistic outlook for Bitcoin in the August cryptocurrency outlook report and pointed out that Bitcoin will outperform the market in the second half of this year, and it is expected that Bitcoin…

    2021-08-06
  • Full text of Bloomberg’s August cryptocurrency outlook report: Bitcoin will return to $100,000

    Report focus: Bitcoin and Ethereum are in the “discount bull market” stage Comparability analysis of Bitcoin, gold, and U.S. debt to see the power of trends Bitcoin hash rate VS crude oil: Bitcoin is expected to be bullish Highlights of the second half of the year: Bitcoin, Ethereum, U.S. dollar advantage Summary of the report: The latest Bloomberg Crypto Outlook 2021 (Bloomberg Crypto Outlook 2021) gives an optimistic outlook for Bitcoin, and it is expected that the benchmark cryptocurrency (Bitcoin) will return to the $100,000 orbit. According to the Outlook…

    2021-08-06 Bitcoin News