Understanding Bitcoin’s Blistering Rise Past $30,000
Bitcoin has started 2021 off with a bang. Here’s what investors and analysts think is driving the rise (and today’s dip) as well as predictions for what happens next.
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Bitcoin is obviously scarce. And it seems to be becoming scarcer over time. The post Understanding Bitcoin’s Scarcity appeared first on Bitcoin Magazine.
Since bitcoin’s significant price rise, altcoins have been brushed off to the side as bitcoin’s dominance climbed to 87.4 percent. Altcoin interest has waned as each alternative digital asset has lost market capitalization over the past two months. There are various reasons. All Eyes Focused on Bitcoin. Let’s face it: all eyes are on bitcoin’s price....
Through adoption, price increases and more, Bitcoin’s 2020 improved the certainty that bitcoin will become the global reserve asset. The post Bitcoin’s 2020: The Rise Of Certainty appeared first on Bitcoin Magazine.
Vitalik Buterin has waded into Bitcoin’s long-running dispute over “spam” policy and node software philosophy, amplifying a blistering post by Bitcoin developer Gregory Maxwell that frames the controversy as a clash between open, market-driven neutrality and what he calls populist calls for censorship. “Greg Maxwell defends a principled commitment to freedom and open market-based resource […]
With a blistering start to the year, cryptos have enjoyed the highs of what seemed like a never-ending bull run. Bitcoin, Ethereum, and other altcoins made headlines every day, surging far past their previous highs as institutions rushed to get their hands on the red-hot asset class. But now, as significant regulatory challenges set in for cryptocurrencies, its future seems more uncertain than ever. South Korea Lays the Groundwork for Crypto Regulations Just weeks prior, […]