Bitcoin-Like Digital Asset Ranks Fourth Among Chinese Investor’s Favorite Investment Products

Jan 14, 2020

Digital asset represented by Bitcoin has ranked fourth on the popularity list for Chinese investors, according to a recent report by Duxiaoman Financial, China’s search giant Baidu’s fintech arm that provides short-term loans and investment services. The report named 2019 National Inv...

Bitcoin the Most Profitable Asset in 2019, Chinese Real Estate Turned Loss Making

Jan 3, 2020

In 2019, most major investment classes have recorded positive returns. Bitcoin has increased by 107% in 2019, making it the most profitable asset of the year. While China's real estate price index was one of the few unprofitable assets in the world in 2019. Judging by the economic fundamenta...

Chainalysis: PlusToken Is Dumping on Huobi OTCs, May Be Eating Into BTC Price

Dec 18, 2019

The most devastating cryptocurrency Ponzi scheme in history may be contributing to bitcoin’s 2019 price decline. That’s according to blockchain analytics company Chainalysis, which has been tracking funds from the roughly $3 billion PlusToken scam since the thing blew up at the end of J...

Bitcoin Mining in North America: A New Gold Rush in the New World

Dec 4, 2019

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, t...

Does Bitcoin Need Accounts? One Developer Thinks So, and He Figured Out How

Dec 3, 2019

Bitcoin doesn’t use typical “accounts.” Instead, with each payment, the funds are sent to a unique “transaction output.” In such an output, the Bitcoin address can potentially be reused, in which case the address would act a bit like a Bitcoin account. Reusing addresses in this way, howev...

Bitcoin Price Made Unexpected Move Above $7,500 Despite Upbit Hack, Downtrend Over?

Nov 28, 2019

Following the Upbit hack, bitcoin price made an unexpected sharp move in the opposite direction, jumping by $500 after an initial $200 drop, which lead to some voices that the crypto downtrend has come to an end. On November 27, 342,000 ETH (approximately $50 mln) were hacked from Upbit, ...

Op Ed: Bitcoin Is the Key to Ethical AI

Nov 26, 2019

The current development of Artificial Intelligence (AI) and Machine Learning (ML) is fundamentally flawed. Peter Thiel recently described crypto as libertarian and Reid Hoffman describes AI as authoritarian. This speaks to the concentration of power and control that has taken place...

Bitcoin Core 0.19.0 Released: Here’s What’s New

Nov 24, 2019

Today, November 24, 2019, marks the official release of Bitcoin Core 0.19.0, the 19th major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 11 years ago and still the dominant Bitcoin implementation on the network today. (Though due to an issue that came ...

BSV Marks First Anniversary, Claims More Applications Than Bitcoin’s Prior Years

Nov 23, 2019

Bitcoin Satoshi Vision (or BSV) on Friday Nov. 15 marked its first anniversary with claims of rivaling Bitcoin (BTC) for more on-chain transactions - though with less than 2% hash rate against BTC's 93.9% and about 5% network nodes - as well as bigger average block sizes. The netw...

What Is a Bitcoin Improvement Proposal (BIP)?

Nov 19, 2019

A Bitcoin Improvement Proposal (BIP) is a standard for proposing changes to the Bitcoin protocol, or in some cases a source for information for the Bitcoin community. Additionally, some BIPs are proposed changes to the BIP process itself. BIPs can include consensus-critical cha...