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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Bitcoin hits $40,000 for first time; doubles in less than a month
Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows| January 08, 2021, Friday -
Bitcoin emergence as 'digital gold' could lift price to $146,000: JPMorgan
"Bitcoin's competition with gold has already started in our mind," the Wall Street bank's strategists said in a note| January 06, 2021, Wednesday -
Recovering from biggest one-day decline, Bitcoin advances 6% to $35,842
A range of factors have been cited for Bitcoin's ascent, showing how hard it is to pinpoint the proximate cause for the latest ...| January 06, 2021, Wednesday -
Best of BS Opinion: GST's high point, clarity on bitcoin, and more
Here's a selection of Business Standard opinion pieces for the day| January 06, 2021, Wednesday -
Clarity on bitcoin
India needs a regulatory framework for cryptocurrencies| January 05, 2021, Tuesday -
Cryptocurrency trade may be more action-packed in 2021, say analysts
The network to promote cryptocurrencies will likely become larger, say analysts| January 05, 2021, Tuesday -
Bitcoin trading at $32,990 after recording high of $34,800 on Sunday
Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday| January 04, 2021, Monday -
Bitcoin breaches $30,000 for first time after advancing over 300% in 2020
The price of the world's most popular cryptocurrency traded as high as $33,099 on Saturday, with almost all other markets closed ...| January 03, 2021, Sunday -
Bitcoin breaches $30,000 for the first time as rally extends into new year
The latest gains top an eye-popping rally for the controversial digital asset in 2020| January 02, 2021, Saturday -
Bitcoin price tops $29,000 for first time ever, extending 2020 rally
The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this ...| January 01, 2021, Friday
