Bitcoin Cryptocurrency News

Bitcoin Celebrates A Huge Milestone This Month

Bitcoin celebrates the 11 year anniversary of its first clear use case, a peer-to-peer trustless transaction. The first transfer happened between the wallets of now-legendary Satoshi Nakamoto and cryptographer Hal Finney. Bitcoin Transactions Picked Up Between Early Adopters Transactions were relatively slow to pick up in the early days, as bitcoin initially had to accrue Read more…

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BigTech Companies See Bitcoin Technology as Empowering

Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin Read more…

Bitcoin Cryptocurrency News

Sunday Digest: Bitcoin Price And The Race To Rule The Blockchain Space

A photographer managed to get some snaps of a three-antlered deer in Michigan, USA this week. A wildlife expert described the find as one-in-a-million. This means that there are better odds of finding a three-antlered deer than of a certain Australian actually being the creator of Bitcoin. Bitcoin Price: More Consolidation There hasn’t been a Read more…

Bitcoin Blockchain Cryptocurrency News Uncategorized

Bitcoin’s Smallest Unit ‘Satoshi’ Gets Added To Oxford Dictionary

It’s official – Satoshi, the smallest divisible unit of bitcoin, is now an English word. While it has been used for years among the crypto community, the Oxford English Dictionary (OED) added the term earlier this month. Now It’s Satoshi’s Turn to Refresh English Language The crypto community requires new words to explain different aspects Read more…

Bitcoin Cryptocurrency News

Schnorr + Taproot Soft Fork Promises Big Things For Bitcoin

Engineers and developers are continuously working to provide Bitcoin with technological improvements. Now, most likely, the next Bitcoin technological breakthrough will come through the Schnorr + Taproot soft fork. Greater Scalability, Fungibility, and Script Innovation According to Bitcoin Optech contributor Steve Lee, the Schnorr + Taproot soft fork proposal offers “a whole new world of Read more…

Bitcoin Blockchain Cryptocurrency News

5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran Read more…

Bitcoin Cryptocurrency News Market

Bitcoin Influencer Bets $10K That CSW Will Not Move His BTC

Unsuccessful serial-forger and law-court regular, Craig Wright, just won’t give up the ghost of being Satoshi Nakamoto. Ordered by a judge to hand over half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, he concurred that he now “has no choice” but to do this. However, he was quick to warn of Read more…

Bitcoin Cryptocurrency News Ethereum

Bitcoin v. Ethereum v. XRP: A comparative analysis of their distribution

There has been a recurring argument about the distribution of tokens and pre-mining of coins, especially for Bitcoin, Ethereum, and XRP. Some argue that the pre-mining and allocation of funds to founders/company has to be done to stay afloat. However, others disagree. This a touchy topic that dips its toes into ethics and morality. Bitcoin […]

The post Bitcoin v. Ethereum v. XRP: A comparative analysis of their distribution  appeared first on AMBCrypto.

Bitcoin Cryptocurrency News

Deutsche Bank Celebrates ‘Dollar Day’ by Accidentally Shilling Bitcoin

When the fat-cats at Deutsche Bank instructed their social media interns to draft a tweet commemorating National Dollar Day, they probably didn’t realize that they’d accidentally end up shilling Bitcoin to their more than 650,000 followers. But while the Bitcoin isn’t directly mentioned, it’s difficult to imagine anyone writing a better advertisement for the leading Read more…

Bitcoin Cryptocurrency News

Bitcoin Miners Earn More in a Day than BSV and BCH Do in 1 Year Combined

In one day, Bitcoin miners earned up to four times the revenue accrued by their counterparts on the Bitcoin SV and Bitcoin Cash networks combined. Bitcoin is King According to a Friday (August 2, 2019) tweet from “Shakepay,” Bitcoin miners earned $540,000 in transaction fees. This figure is more than four times the $130,000 earned Read more…