Even if Bitcoin has rebounded dramatically from its all-time high of $69,000 in 2021, the digital currency is still up 60% year-to-date. Gold has decreased by more than 5% within the same time period. Considering global inflation on the rise, Bitcoin’s…

Digital assets had a spectacular year, and in 2022 we shall see cryptocurrencies reach higher levels. In 2021, cryptocurrency investors had another roller-coaster journey. Almost every cryptocurrency, from bitcoin to dogecoin, set new highs and produced massive gains. However, in May,…

Why is Bitcoin known as “hack-proof”? Bitcoin is deemed hack-proof because the Bitcoin blockchain is regularly examined by the whole network. As a result, cyberattacks on the blockchain are extremely improbable. Each participant (miner) who maintains Bitcoin’s ledger is constantly solving…

Mastering addresses, public keys, and private keys are essential to understanding how cryptocurrencies function. To access any encrypted information, a public key and a private key are both required in cryptography. Cryptography, in its most basic form, is the process of…

Bitcoin continues to fall in December, indicating that traders may be locking in profits before the end of the year. The lack of a Santa bounce in US equities markets suggests that risk-off sentiment remains owing to worry over the spread…

The price of bitcoin attempted to recapture the $50,000 mark as the new year began, but it does not seem to be fruitful. Instead, BTC will seek another step-down and form a double bottom at the monthly S2. As a result,…

What Happens to Bitcoin Once All 21 Million Have Been Mined? Bitcoin’s limited supply is one of its most distinguishing features. Banks can produce any amount of money they choose, even fiat currencies because they have an endless supply. Satoshi Nakamoto,…

What is Bitcoin mining and how does it work? In the Bitcoin network, mining is a necessary process. It is the process through which the peer-to-peer network validates transactions and achieves shared consensus without the need for a central authority. Mining…

On Monday, Bitcoin and other cryptocurrencies slumped as investors were concerned about a deteriorating macroeconomic environment, tougher monetary regulations, and an economic slowdown caused by the Omicron variant. Bitcoin fell 8.7% to roughly $46,000 on Monday. The Ethereum blockchain network’s token,…

As bulls and bears battle it out, the price of bitcoin is now hovering around a critical point. This struggle for control demonstrates hesitation among the participants and is frequently developed before a significant action. To avoid being caught off guard,…