Bitcoin

Bitcoin (BTC, ₿) is the first decentralized digital currency and the first cryptocurrency in the world, that doesn’t need any banks or administrators, because it has the peer-to-peer network.  

Bitcoin network nodes verify all transactions due to the use of cryptography and recorded in a public distributed ledger called a Blockchain. 

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. 

The Bitcoin cryptocurrency token can be received as a reward for a process called bitcoin mining. Or one can sell BTC tokens or exchange for other currencies (including cryptocurrencies, fiat and coupons), products, and services.

Bitcoin has many positive benefits against other currencies. Bitcoin’s price is determined not by the central banks but by the ordinary people. And Bitcoin price is highly volatile.

Bitcoin SV in Chaos with ShapeShift & Binance to Delist It
Apr 17, 2019 at 11:58
News
Bitcoin SV in Chaos with ShapeShift & Binance to Delist It
The hard fork of Bitcoin Cash led to the formation of two new cryptocurrencies i.e. Bitcoin SV and Bitcoin ABC. However, the latter has more support than the first. The flagship crypto exchange by trading volume Binance dropped this coin from being traded on its platform, ShapeShift is also planning the same.
Google Trends: Cryptocurrency Users Buy Bitcoin Only When Price Surges
Apr 16, 2019 at 11:43
News
Google Trends: Cryptocurrency Users Buy Bitcoin Only When Price Surges
The data provided by Google Trends shows that the search phrase “buy Bitcoin” only multiplied in March after the price of the cryptocurrency started surging.
 Belarus to Mine Bitcoin Under President Lukashenko Guidance
Apr 16, 2019 at 09:19
News
Belarus to Mine Bitcoin Under President Lukashenko Guidance
As Bitcoin continues to trade above $5,000, the President of Belarus, Alexander Lukashenko, revealed that his government will support innovation initiatives associated with cryptocurrency (such as Bitcoin, Ethereum, Ripple) and blockchain technology. He suggests opening a mining farm for crypto.
10 Major Updates in Cryptocurrency Taxation of Q1 of 2019
Apr 14, 2019 at 11:51
News
10 Major Updates in Cryptocurrency Taxation of Q1 of 2019
The first quarter (Q1) of 2019 introduced several key legal updates concerning cryptocurrency taxation. Q1 has seen various countries such as Italy, United States (U.S), Japan, Denmark, Poland, Romania, Venezuela, Indonesia, South Africa, India, Chile and others, define tax treatment for cryptocurrencies including Bitcoin (BTC), the top virtual asset by market cap (MC), Ethereum (ETH) and Ripple (XRP).
Russia has Offered to Ban Bitcoin in Every Country
Apr 14, 2019 at 09:27
News
Russia has Offered to Ban Bitcoin in Every Country
The State Duma, the lower house of the Federal Assembly of Russia is a very powerful institution, with the right to approve bills and laws. One of its members has claimed that bitcoin must be prohibited all over the world.
Taxation Side of Bitcoin & Cryptoсurrency in Italy
Apr 13, 2019 at 11:09
News
Taxation Side of Bitcoin & Cryptoсurrency in Italy
The cryptocurrency regulatory framework in Italy still has many uncertainties, particularly around tax obligations, in addition to anti-money laundering (AML) and financial transparency onuses and obligations. The Italian tax authorities have offered some indications, but tactlessly they are very far away from convincing.
 Cryptocurrency Exchange Coinbase Creates Visa Debit Card
Apr 13, 2019 at 09:07
News
Cryptocurrency Exchange Coinbase Creates Visa Debit Card
Coinbase seeks to change the face of cryptos including Bitcoin (BTC), the leading cryptocurrency by market cap (MC). The crypto exchange bull headquartered in San Francisco, California, have rolled out a visa debit card that enables users in the European Union (EU) and the UK to spend cryptocurrencies instantly from their accounts. Currently, the company has over 13 million users worldwide.
Potential Scenarios in China’s Bitcoin Mining Ban
Apr 12, 2019 at 12:16
News
Potential Scenarios in China’s Bitcoin Mining Ban
China, the world’s biggest market for computer hardware produced to mine Bitcoin and other major cryptocurrencies, recently banned crypto mining activities, with the aim of combating the increasing pressure on the government from the crypto sector. The move - China’s Bitcoin (BTC) and cryptocurrency mining ban – poses some potential scenarios.
9 Tips for Bitcoin & Blockchain Investors in Italy
Apr 12, 2019 at 11:10
News
9 Tips for Bitcoin & Blockchain Investors in Italy
Because of far-flung use cases of blockchain and cryptocurrencies, a lot of Italians and other people globally have been asking how to securely invest in this nascent technology. Here are the main tips and factors investors in Italy need to understand before investing in the crypto, blockchain and distributed ledger technology sector.
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