Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Over the past year, Bitcoin’s value has increased exponentially, reaching […]
Why Is Crypto Crashing
Cryptocurrencies have been on a roller coaster ride this year, with prices soaring and crashing at a dizzying pace. So why is crypto crashing? The first reason is that there is a lot of uncertainty in the market right now. The Securities and Exchange Commission (SEC) has been cracking down on initial coin offerings (ICOs) […]
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What Happened To Crypto Last Night
Cryptocurrencies had a rough night on Wednesday, with most major coins posting declines of more than 5%. Bitcoin was the worst performer, dropping more than 7% to below $6,000. Ethereum fell more than 8% to below $470, while XRP was down more than 9% to below $0.45. The declines came amid broader weakness in the […]
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