In our “Bitcoin” section, we cover the latest news, developments, and trends related to the world’s first cryptocurrency. Here you will find information about the Bitcoin network, mining, market movements, and the factors influencing the BTC price. Read the “Bitcoin” section on ForkNews to stay updated on everything happening in the Bitcoin ecosystem.
According to Chainalysis's recently updated annual study, "long-term investors sold about $24 billion of Bitcoin to new speculators between December 2017 and April 2018, with half of the sales occurring in the month of December alone. This unprecedented injection of liquidity is responsible for the price decline during that period." Obviously, when holders sell a financial product, its price falls, and it can fall quite significantly.
For over a year, all versions of Bitcoin Core contained one of the worst bugs in Bitcoin history. In this article, we will reveal the good, bad and ugly details about one of the most annoying Bitcoin Core bugs to date.
According to new data from Chainalysis, the number of coins being used for trading by individual traders is growing. Approximately 4.8 million bitcoins (32% of the total supply of coins in existence, minus lost coins) were held in the wallets of active traders as of August 31. At the end of 2017, when the market peaked, individuals owned just 3.8 million bitcoins (representing 26%).
Analytical news site Longhash recently launched its own Bitcoin tracker. The site offers tracking of the origin and subsequent path of Bitcoin coins so that investors, regulators and ordinary users can check the coins of interest to them.
The developers have released the Bitcoin Core 0.16.3 update, which will fix a denial of service (DoS) vulnerability, due to which any miner on the Bitcoin network can shut down vulnerable Bitcoin nodes.
While the market looks sluggish, Bitcoin's dominance and hashrate are growing. This may not be a sign of a possible bull run, but it is still a positive sign. This is not the first time that such indicators are markers that Bitcoin will become a locomotive on the rise and will pull along a train of its smaller digital counterparts.
Recently, the Bitcoin Cash network, which emerged as a result of long disputes and a hard fork, turned one year old. Over the entire period of its existence, the controversy has not only not subsided, but is also gaining new momentum. The stumbling block for the community is the vector for further development and modernization of the network.
Retailer Overstock.com expects to begin selling bitcoin through its website in the first half of 2019. This function will be provided by its subsidiary blockchain company Medici Ventures through the Bitsy cryptocurrency wallet.
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