Page 8 - Although Bitcoin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

pixabay.com Almost everybody with internet access knows about Bitcoin. And, there’s never a shortage of opportunities to invest in Bitcoin. Even mainstream media always has a story that somehow relates to Bitcoin. Essentially, this cryptocurrency is ever-present in the lives of most people. Since its emergence, Bitcoin has never ceased to fascinate investors and people in general. And its popularity continues as the world moves more and more to the digital eco-system. But why is Bitcoin this popular? Before the emergence of cryptocurrencies, people were trading commodities like oil and...

Chamath Palihapitiya said during a recent interview that Bitcoin could hit $200k in five years if the current conditions prevail.

News During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in March. Although Bitcoin posted a standout recovery, going on to smash all-time price highs, one might wonder what, if any, condition could instigate a similar future drop for crypto’s largest asset. Dermot O'Riordan, partner at venture capital outfit Eden Block, recently gave his thoughts on the matter.  “In the short-term Bitcoin’s value prop as a non-sovereign censorship resistant hedge to the dollar is growing stronger by...

Diem and the economy January 3, 2021 The Facebook Diem is a cryptocurrency that Facebook announced on June 18, 2019. The project was announced by CEO Mark Zuckerberg, but its creators are actually Morgan Beller (staff at Facebook blockchain division), David Marcus and Kevin Weil (Novi’s Vice President of product). The original plan for the proposed cryptocurrency was to create a stable coin that would be backed by a basket of assets (currencies like the Euro, Singapore dollar, US dollar, Pound sterling), but in November 2020, according to a report by The Financial Times, Facebook announce...