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Cryptocurrency

A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins.

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Bitcoin

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call it a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

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Bitcoin & Cryptocurrency Latest News

Bitcoin Price Watch; Back On Top!
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What a day. The bitcoin price started off the week on the back of what looked to be a substantial decline and had mainstream news media calling for the death of the cryptocurrency space as a whole. We had a couple of opinions on this as the week kicked off. Not on the death of … Continue reading Bitcoin Price Watch; Back On Top!

The post Bitcoin Price Watch; Back On Top! appeared first on NEWSBTC.

Paybis Users to Enjoy 25% Discount on Payments Made via Credit/Debit Cards
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There is a good news for Paybis users since the UK-based cryptocurrency platform has recently announced the provision of 25% discount on Bitcoin purchases made via credit or debit cards. According to this scheme, the users on Paybis will now be able to purchase Bitcoin with their cards instantly at much lower price. This measure … Continue reading Paybis Users to Enjoy 25% Discount on Payments Made via Credit/Debit Cards

The post Paybis Users to Enjoy 25% Discount on Payments Made via Credit/Debit Cards appeared first on NEWSBTC.

Goldman Sachs Feels Bitcoin Will Test the US$3,000 Mark Very Soon
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It is the season for interesting Bitcoin predictions, that much is evident. Earlier this week, John McAfee made a ludicrous price prediction for Bitcoin. While he feels confident US$500,000 per BTC is not impossible, the rest of the world has a different opinion. Goldman Sachs takes a more modest approach right now. More specifically, the … Continue reading Goldman Sachs Feels Bitcoin Will Test the US$3,000 Mark Very Soon

The post Goldman Sachs Feels Bitcoin Will Test the US$3,000 Mark Very Soon appeared first on NEWSBTC.

Coinbase Will Not Support the User-activated Hard Fork Blockchain due to Incompatible Bitcoin Ruleset
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The Bitcoin scaling debate has taken yet another interesting turn. Coinbase has issued an official statement on the user-activated hard fork. More specifically, if the UAHF to increase the block size activates on August 1st, Coinbase will not support it. That is a rather surprising development, to say the least. Seeing an exchange advise customers … Continue reading Coinbase Will Not Support the User-activated Hard Fork Blockchain due to Incompatible Bitcoin Ruleset

The post Coinbase Will Not Support the User-activated Hard Fork Blockchain due to Incompatible Bitcoin Ruleset appeared first on NEWSBTC.

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