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Bitcoin - The Urban Mine

Category: Bitcoin

Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold

um-botcoin

Venmo Launches Crypto ‘Cash Back’ Rewards for Credit Card Users – Here Are the Eligible Cryptocurrencies

Venmo credit card users can now earn rewards in four different crypto assets. Under a new program that kicked off this week, card users can elect to automatically purchase Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) from their Venmo accounts using cash back rewards earned from their card purchases.   Automatic purchases

Here’s Why Institutional Investment in Crypto Is Heating Up Dramatically, According to Big Four Auditor KPMG

Big Four auditor KPMG says that institutional investors put a “significant amount” of money into blockchain and cryptocurrencies during the first half of 2021. In a new report, KPMG says growing institutional investor participation is part of a widespread increase in the awareness of crypto assets and the digital asset industry at large.   “As

Bitcoin mining difficulty jumps second time as miners settle offshore

The mining difficulty of Bitcoin (BTC) took a dive after China announced a crackdown on mining operations, which at its peak, contributed to three-quarters of the global hashrate. The latest data from BTC.com shows an ongoing spike in Bitcoin’s mining difficulty starting from June 17, 2021. As miners from China slowly settle down in crypto-friendly

Bitcoin cancels entire day’s BTC price dip with fresh push above $46K

Bitcoin (BTC) staged yet another classic comeback on Aug. 13 as a day of losses abruptly flipped positive. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin routs bears in classic style Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from below $44,000 to top $46,300 in hours. Friday’s 5.5% gains erased the entire

President of Argentina open to Bitcoin and a CBDC but central bank says no

Argentina President Alberto Fernandez has indicated support for digital assets, asserting there is no reason to push back against the emerging asset class. During an interview with local media outlet, Caja Negra, on August 12, Fernandez responded to a question about whether he would consider exploring a central bank digital currency (CBDC), or even recognize