Browsing: Bitcoin

Proof-of-Work (PoW) consensus is like a puzzle game that helps decentralized networks, such as Bitcoin, agree on which transactions are valid and in what order they should be added to the blockchain. Think of it as a way for everyone to agree on the rules of the game and ensure fairness.

The widely used Bitcoin Fear and Greed Index entered a neutral zone after several months of fear, over the weekend. The indicator rose to its highest point since April 5, 2022, a neutral level of 52, on January 15. The action comes after Bitcoin’s (BTC) 249% increase over the previous seven days.

El Salvador President Bukele launches a special agency to handle all things Bitcoin. The National Bitcoin Office will be a specialized administrative unit for managing all cryptocurrency-related projects.