Is Bitcoin Still the King of Cryptocurrencies?
In cryptocurrencies, Bitcoin has undeniably held the crown as the pioneering and most prominent digital currency since its inception in 2009. However, with the emergence of numerous alternative cryptocurrencies, often referred to as altcoins, and the evolving landscape of the crypto market, questions arise regarding whether Bitcoin is still the undisputed king. Is Bitcoin still […]
Cryptocurrency Mining: An Essential Guide For Beginners
As digital currencies become popular, many people seek ways to get involved and profit from them. One of the most common ways to gain money is through cryptocurrency mining. In this article, we will break down the basics of cryptocurrency mining, from what it is to how it works and what you need to know […]
North Carolina Passes Bill to Examine Impact of Holding Bitcoin
A bill mandating the North Carolina Department of State Treasurer to investigate the viability and benefits of the state holding Bitcoin has been approved by the General Assembly’s lower chamber. The North Carolina House of Representatives passed a bill on June 28 mandating a $50,000 study of “acquiring, securely storing, insuring, and liquidating” gold bullion […]
MicroStrategy Adds $347M in Bitcoin, Holds 152K BTC
MicroStrategy disclosed that it bought 12,333 bitcoins for $347 million in cash between April and June. The company now holds 152,333 bitcoins worth over $4.5 billion. MicroStrategy, a business intelligence company that has become one of the biggest corporate investors in Bitcoin , has added more of the cryptocurrency to its balance sheet. The company […]
Research Shows Use of Bitcoin For Illicit Crypto Activities Decline
According to new research by TRM Labs, fewer cybercriminals use Bitcoin as their primary method of transferring illicit funds and are now reverting to fiat channels or other cryptocurrencies. In its “Illicit Crypto Ecosystem Report,” published on June 28th, digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin […]