WHAT IS BITCOIN
Bitcoin
A type of cryptocurrency, Bitcoin is a digital currency created in January 2009 following the housing market crash. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralised authority, unlike government-issued currencies. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Balances of Bitcoin tokens are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them.
BITCOIN NEWS
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Tesla reveals loss of $204 million from Bitcoin investments in 2022
Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments| February 01, 2023, Wednesday -
Economic Survey flags concerns on Crypto, pushes for global regulation
Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus| January 31, 2023, Tuesday -
Bitcoin barrels toward historic January as crypto market jumps by $280 bn
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing| January 30, 2023, Monday -
Crypto wrap: Market in green but Fed announcement to keep volatility high
US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2| January 27, 2023, Friday -
Cryptoverse: Bitcoin on the charge in 2023, clocks a 26% gain in January
Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 ...| January 17, 2023, Tuesday -
Crypto wrap: Market recovers after weeks due to softening of inflation
The US inflation cooled down to 6.5% in December as compared to a year ago| January 13, 2023, Friday -
15 mn Bitcoin stagnant in past 6 months amid cryptocurrency winter
In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive ...| January 11, 2023, Wednesday -
WazirX's reserves at $284.4 million, highest in the form of Shiba Inu
Indian crypto exchange's reserve-to-liability ratio stands at 1:1| January 11, 2023, Wednesday -
CoinSwitch says it has a surplus of users' crypto assets worth Rs 1,083 cr
Exchange says it has enough reserves to meet withdrawals made by its users even in "turbulent" times| January 06, 2023, Friday -
Crypto wrap: Market up but Gemini-DCG fiasco poses threat, say experts
Co-Founder of crypto exchange Gemini Cameron Winkelvoss gave a soft ultimatum to Digital Currency Group (DCG) CEO Barry Silbert ...| January 06, 2023, Friday
