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.
A day after financial giant Fidelity entered the cryptocurrency market, fund manager Mark Yusko predicted that the industry will be the next fast-growing market.
On the bitfinex exchange, the price of bitcoin rose by $1,500 in just a couple of hours, from $6,294 to $7,788, which is a 24% increase. However, such a jump did not occur on other exchanges. This is associated with the exchange’s use of the stable token tether.
At the moment, few people inspire confidence in cryptocurrencies. However, an extensive statistical analysis of the Bitcoin market, carried out at the Institute of Nuclear Physics of the Polish Academy of Sciences in Krakow, showed that it is not much different from respected traditional currencies. All indications are that Bitcoin is a much better currency than it appears at first glance.
China's national currency has fallen below a critical level. Many attribute this to trade wars and political tensions between China and the United States. The accelerating decline of the Chinese yuan is causing concern not only in traditional financial sectors, but also in the cryptocurrency market.
Passware, Inc., a provider of a set of paid utilities for guessing (or determining) file passwords, announced that Passware Kit can now recover passwords from popular Bitcoin wallets: Blockchain.com and Bitcoin Core.
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%).
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