bchain news

All things Blockchain and Crypto curated by Jack Widman PhD

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Crypto market tops $2 trillion for the first time in nearly 3 months as bitcoin rallies

Bitcoin topped $48,000 over the weekend, its highest level since May, but pared some of those gains on Monday.

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Bitcoin Price

Bitcoin just surpassed $46,000

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Bitcoin: El Salvador makes cryptocurrency legal tender

It is the first country in the world to make the move, following a proposal by its president.

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Attack on Bitcoin SV is totally unrelated to Bitcoin

If you see any news about an attack on Bitcoin SV, remember that this is a totally different and distinct coin from Bitcoin. This attack does not affect Bitcoin in any way.

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Crypto Long & Short: Why Ethereum’s ‘London’ Upgrade Matters - CoinDesk

The hard fork's EIP 1559 has been the most controversial among Ethereum stakeholders due to its radical redesign of the network’s fee market.

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Brazilian Central Bank Projects ‘Significant Migration’ to Digital Payments - CoinDesk

Director João Manoel Pinho de Mello said that official digital currencies can expand financial inclusion and improve cross-border transactions.

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Satoshi Nakomoto solved the 'double spending problem' when he designed Bitcoin. This meant you couldn't simply copy a bitcoin or send the same one to two people. This was a massive accomplishment. Bitcoin technology is, in general, not sufficiently appreciated.

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Crypto CEOs Are Still Six-Figures Bullish on Bitcoin’s Price

Industry insiders say the medium-term outlook for the crypto market is positive, even if sentiment is not.

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Bitcoin is a pointer. A pointer to a technology that will prove to be a quantum leap improvement in the way many processes work. Blockchain.

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One must remember that Bitcoin is the first successful attempt in a long line of digital money projects. Satoshi Nakomoto solved a number of problems that stumped previous workers in this area. Bitcoin has brilliant technology behind it and ultimately, that technology fuels price increases over time.

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Traditional wisdom is buy low, sell high. (Thanks for that). Bitcoin wisdom should be (provided you aim to hold for five years) buy

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Bitcoin surpasses $40,000

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Bitcoin shorts liquidated. Nearing $40,000

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Billionaire Thomas Peterffy Invests in Crypto, Says There's a Chance It Could Be 'a Dominant Currency' – News Bitcoin News

The founder and chairman of Interactive Brokers, Thomas Peterffy, has revealed that he put money in crypto.

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JPMorgan to Let Clients Invest in Bitcoin Fund for First Time: Sources - CoinDesk

The JPMorgan bitcoin fund could roll out as soon as this summer, sources tell CoinDesk. NYDIG will be the fund's custody provider.

JPMorgan will be the largest bank offering such a fund.

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It's not about Bitcoin making the banking industry unnecessary. It's about how the blockchain will revolutionize how value is transacted.

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Tyson Fury NFT 'Lineal' Sells for Almost $1 Million on HoDooi.com - One of the Highest Bidding Sports NFTs Ever!

LONDON, UNITED KINGDOM / ACCESSWIRE / July 19, 2021 / The unique one-of-a-kind NFT, 'Lineal by Tyson Fury', has sold at auction for $987,000, making it one of the most expensive sports NFT sales even surpassing the likes of Floyd Mayweather and other high profile individuals in the sporting world.Bidding for the piece closed on Friday 16th July after an intense bid war one user finally came out on top.

NFT Tyson Fury sells for almost one million dollars. If you don’t know what an NFT is, a non fungible token, see my upcoming blog post on them. My blog and other links can be found at http://jackwidman.me