Tag Archives: Bitcoin News

HTC – an electronics company based in Taiwan – has released a new smartphone capable of running an entire bitcoin node. In other words, it can hold the entire bitcoin ledger with an SD card that’s purchased separately.HTC – Paving the Way to GreatnessKnown as the Exodus 1s, the phone clearly has a lot of storage space and memory. With the entire bitcoin network being held on a person’s phone, that’s roughly 260 gigabytes of memory right there – and the network is estimated to grow by...

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If there’s one thing we can all agree on, it’s that bitcoin and the crypto industry probably need to up the ante on their privacy protocols. While blockchain is typically more secure than other forms of digital finance technology, we are often hearing stories about exchange hacks and malicious actors that seek to get their fingers on digital funds that just don’t belong to them.Bitcoin Privacy Needs to Be UppedKevin Pan, the CEO of Poolin (one of the top three bitcoin mining pools in the...

Today, on Friday, the 18 millionth bitcoin is set to be mined. That means there are only three million BTC units left to extract after this.Bitcoin Will Become Harder to GetThe mining process behind bitcoin has been a rather controversial activity. For one thing, China says that it is damaging to the Earth’s environment. The country has long been considering a ban on bitcoin and crypto mining in the future.Second, there have been huge concerns regarding a bitcoin 51 percent attack from...

It’s Friday, October 18, 2019, and once again, everybody’s favorite cryptocurrency has fallen into the $7,000 range. Yesterday, we reported that bitcoin was potentially back above $8,000 and likely to experience greater swells from here, but it appears there’s still cause for concern.Bitcoin Again Heading for LowsBitcoin has been moving up and down for roughly one month. The late September bloodbath that ultimately caused the currency to lose about $1,400 in just a matter of minutes seems to...

It seems like some members of Congress still have no love for Libra. In fact, a few are even advising Facebook to adopt bitcoin and avoid the Libra project altogether. Among the people suggesting this is U.S. Congressman Warren Davidson of Ohio.Davidson to Facebook: Forget About LibraDavidson says he was first introduced to bitcoin back in 2013. He acknowledges that while bitcoin isn’t necessarily perfect, it is a decentralized system that gives its users freedom in how they conduct...

At press time, bitcoin – the number one cryptocurrency by market cap – is back above the $8,000 mark following a nasty scare yesterday that saw it fall into the $7,000 range once again.Bitcoin Is Moving Up AgainMany analysts immediately took to social media and other platforms to explain the reasoning behind bitcoin’s sudden, if short-lived, demise. Jeff Dorman, chief investment officer of the asset management firm Arca, explained:The move lower is less about the magnitude and more about the...

Bitcoin has grown exponentially over the past year or so, and this has made many hackers and malicious actors want to target cryptocurrency owners. Now, a new strain of bitcoin-based malware entitled “Save Yourself” is making the rounds, and while analysts have been warning enthusiasts about it for the past week, it seems to be much worse than originally thought.How to “Save Yourself” from MalwareSave Yourself has been here for some time. Originally, it was a form of malware designed to...

Do you fancy taking a luxury vacation? Are you a cryptocurrency fan? Well, now you can put your two loves together by paying for these luxury hotel rooms with bitcoin.A Hotel with Bitcoin: Times Are ChangingSeveral hotels in Europe are now accepting digital currency as a means of paying for rooms. Vacation takes a lot of planning, and sometimes it’s easy to forget to bring cash (or to convert your cash into the fiat of the country you’re visiting). In addition, if you don’t have an American...

Oh, bitcoin… Why must you always put us through this? At press time, the asset has fallen back down into the $7,000 range. Granted the price is still in the higher section – $7,960 – but it’s still a significant drop from yesterday, when bitcoin was trading for around $8,100.Bitcoin Is Once Again Falling from GraceWhat this tells us is that the currency, despite all its past resilience, is unable to maintain the momentum it briefly had following the cryptocurrency bloodbath of late September....