Bitcoin News and Information Today

Bitcoin flies through resistance: what can we expect?

Mar 30, 2022

On March 27, Bitcoin's price jumped from below $45,000 to over $47,000. This marked the breach of an important resistance that had been holding the price down since early January 2022. Can we hope for new record prices or is there still too much headwind?

Highly unlikely: Will Russia adopt Bitcoin to undermine sanctions?

Mar 25, 2022

With the war still raging in Ukraine, the international community has placed heavy sanctions on Russia and the gap between the west and Moscow is growing each day the violence is continued. It was last night when news spread all over the media that Russia might opt for Bitcoin to be able to sell oil and gas, which is both vital to the country’s economy. What to make of this news and could this potentially be a game-changer for Bitcoin and the market?

Major updates about Bitcoin adoption

Mar 25, 2022

As the price of Bitcoin slowly but surely moves up, good news continues to pour in. Some less positive news has also been dripping in the last couple of days. But at least there is talk of crypto all around the world! We list some updates about adoption, starting with the good news from Terra.

FOMC Meeting without any surprises – What does that mean for the crypto market?

Mar 17, 2022

Yesterday Fed chairmen Jerome Powell held a press conference in which he announced a rate hike of 25 bps. The stock, as well as the crypto market, reacted positively even before the news broke in the evening in Europe. The wait is over and we finally know what to expect in the month to come. Why is the Fed decision important for the crypto market? And how will future rate hikes be going to affect it?

SegWit explained: What is Segregated Witness?

Mar 11, 2022

Some of our readers might have noticed that there are different types of Bitcoin address formats. Segregated witness was a protocol upgrade that has been deployed by a soft fork on the Bitcoin network in 2017 and ever since there are three different types of formats. What is the benefit of segregated witness? Why is it important and how does it work? In this article, we are going to explain what SegWit is.

Bitcoin Mempool Explained: What is a Mempool?

Mar 10, 2022

The Bitcoin mempool is a vital part of sending and receiving transactions. Many beginners are under the impression that transactions are being send between the sender and the recipient. In this article we are going to explore how Bitcoin transactions are being send and what the mempool really is.

A new crack in the trust in the dollar

Mar 10, 2022

The developments set in motion by the war in Ukraine are causing a landslide in the global financial system. The fact that the Russian Central Bank can no longer monetize its dollars on the international market is a sanction that could have enormous global consequences. The effect is the loss of confidence in the validity of the dollar as a currency for saving.

How the Russia-Ukraine crisis affects the cryptocurrency market

Feb 22, 2022

With the escalating conflict between Russia and Ukraine, the price of Bitcoin dropped by over €6000 in just one week. Other cryptocurrencies like Ethereum also saw large declines, especially on Tuesday after the Russian president, Vladimir Putin, recognized two pro-Russian regions in Ukraine as independent and announced a, in his words, peace mission. The European Union, United States and the United Kingdom said they will impose sanctions soon.

El Salvador to the US: mind your own business

Feb 18, 2022

The president of El Salvador Nayib Bukele has responded to draft legislation by three U.S. senators. They propose to investigate the economic impact on America of El Salvador's embrace of Bitcoin. Bukele's response: "We are not your colony."

Crypto is like a venereal disease, says Charlie Munger

Feb 17, 2022

Venereal diseases are many things but not fun at all. If you never caught one in your life you don’t need to worry about receiving sound advice on the matter. Charles Munger the 98-year-old star investor and wingman of Warren Buffett got you covered. Why is inflation one of the biggest problems we are facing right now? And why is Bitcoin maybe the solution to the problem? Here is what Munger had to say.

Be your own bank with Bitcoin has become more important than ever before

Feb 16, 2022

The protests in Canada have gotten out of hand. It started with a few truckers who were frustrated by the fact that they had to get vaccinated or quarantined after crossing the border between Canada and the USA. Within a few weeks the protest affected the whole nation and now the honking won’t stop.

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