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.
Bitcoin Pizza Day has become a highly anticipated celebration within our cryptocurrency community. Each year, on May 22nd, crypto communities in different regions gather to honor the historic transaction that took place and reflect on the remarkable journey Bitcoin has embarked upon since then.
Bitcoin prices have smashed through the $30,000 psychological barrier during the Tuesday morning Asian trading session. Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
El Salvador wishes to open a bitcoin embassy in “new ally” Texas to aid “expansion of commercial and economic exchange projects.”
Bitcoin fintech giant Strike rolled out its Lightning Network money transfer service Send Globally in the Philippines, a $35 billion remittance market.
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In one of its most impressive rallies in about a year, Bitcoin skyrocketed by double digits, charting a two-month high above $21,000. Almost $600 million out of the $650 million in total are short positions.
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.
MicroStrategy is willing to launch solutions powered by the Bitcoin Lightning Network that could reach millions of users.
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.