Bitcoin miners in China have allegedly joined together against Segregated Witness or SegWit. This was reported in 2016 by Phil Potter, a Bitcoin developer and Bitfinex chief security officer. In fact, there were attempts by the Chinese bureaucracy to delay or oppose the crypto currency. According to Mr. Potter, proponents of Bitcoin need to communicate with Chinese miners better. […]

There’s a novel Bitcoin Improvement Protocol or BIP. This came out in the mailing list of Bitcoin Core. The BIP (still without any number) recommends an User-Activated Soft Fork or USAF on August 1st (as with BIP 148) and a hard-fork to 2MB six months after. 2017 Scaling Agreement The assumption is those who signed Consensus 2017 Scaling Agreement have 100% […]

Dubai has long been known as one of the world’s most technically advanced cities, and this is no surprise considering their openness towards adopting new technologies. According to recent reports, it seems like Dubai and the bitcoin wallet and block explorer known by the name of Blockchain are partnering up for an interesting project meant to place all of the city’s […]

  Today (May 22nd), Bitcoin technology enthusiasts from all over the world are celebrating the 7th anniversary of the most expensive pizza in history. Back in May 2010, a programmer named Laszlo Hanyecz paid around 10,000 Bitcoins in exchange for two Papa John’s pizzas. Back when Bitcoin technology was just a few years old, that price was quite fair. Ten thousand […]

Valkyrie and Kryptoin ETF proposals have been denied by the Securities and Exchanges Commission. The Commission gives the same reasons as WisdomTree’s rejection. ETF enthusiasts are eyeing February for a spot Bitcoin ETF from the SEC. The SEC has once again refused to approve spot Bitcoin ETF applications. This time the ETFs rejected are from Valkyrie and Kryptoin. No Breakthrough […]

The CEO of MicroStrategy, Michael Saylor, who can easily be described as a Bitcoin permabull has made another bullish Bitcoin price prediction. According to Saylor, he expects the price of Bitcoin to reach a price of $600,000 and eventually a colossal $6 million per Bitcoin. He made the Bitcoin price prediction in an interview with The Information. Saylor equally revealed […]

While the blockchain ledger and bitcoin nodes are all the same, people are not. We all have different needs, desires, and even fears. As an individual, you need to think about your needs when it comes down to using bitcoin in everyday life. For starters, we suggest that you ask yourself these basic questions: What is more important, privacy or […]

Key Takeaways Veteran trader Peter Brandt thinks the price of Bitcoin has not bottomed out.  His perspective is informed by the lack of panic selling in the current market. Brandt’s view has been disputed by on-chain analyst Willy Woo who thinks panic selling is unlikely to happen.  The price of Bitcoin has for the past few weeks been experiencing some […]

The President of El Salvador, Nayib Bukele, announced a new purchase of 21 Bitcoin. While the latest buy is small compared to previous acquisitions, the purchase was made to celebrate a date. El Salvador Buys Fresh 21 BTC Tweeting on Tuesday, President Bukele stated that the government bought 21 BTC to celebrate the 21st day of the 21st year in […]