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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

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Are Bitcoin Bulls Back? Crypto Hedge Fund Executive Lists 3 On-Chain Metrics Showing BTC Strength

Lex Moskovski, chief investment officer (CIO) of crypto-focused hedge fund Moskovski Capital, is listing what he thinks are positive signals in three on-chain metrics as Bitcoin bulls attempt to spark a new uptrend. Moskoski says that Bitcoin entities, or active addresses on the BTC network, have recently reached a new all-time high (ATH).   “Bitcoin

Bitcoin can’t be viewed as an untraceable ‘crime coin’ anymore

Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to be used for illicit activities

The biggest challenge for crypto exchanges is global price fragmentation

It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto savvy investors, leading to greater trust. However, it seems almost weekly that another article hits

Will Bitcoin Do Better in August Than in July? – Here’s What History Says, According to Kraken Intelligence

Kraken Intelligence is taking a look at Bitcoin’s price potential this August as the flagship cryptocurrency emerges from a turbulent three-month period. According to the crypto exchange’s new report, Bitcoin performed fairly well in July, rewarding holders with +18% returns, which is above the month’s historical average return of 11%.   August is typically not

Bitcoin erases May crash losses as BTC price rebounds to $44K

Bitcoin (BTC) price reacted as high as $44,600 on Aug. 7, the highest level since before the infamous May 19-crash.  Meanwhile, there are increasing speculations that BTC could undergo a similar upside boom like the one that began in October 2020. Bitcoin reached $44,600 before correcting lower on profit-taking sentiment. Source: TradingView.com At least two

New Bill in Ukraine Would Legalize Crypto and Protect Owners of Digital Assets

The Ukrainian parliament is working on a bill that would legalize cryptocurrencies in the Eastern European country. If passed, the bill will allow Ukraine’s citizens to legally declare and exchange cryptocurrencies, and it will also increase guarantees for crypto buyers, according to Ukraine’s Deputy Minister of Digital Transformation Oleksandr Bornyakov.   In an interview with the

Binance CEO Unveils New Approach to Compliance Amid Regulatory Setbacks

Binance CEO Changpeng Zhao says the cryptocurrency exchange is taking a proactive approach towards regulatory compliance. Zhao states in a tweet that Binance is ‘pivoting’ after weeks of facing multiple regulatory setbacks across the globe. “Binance pivoting from reactive compliance to proactive compliance. Stay tuned.”   The Binance CEO further says that ‘one of many’ steps

What form of digital assets will be the future of payments?

We’re living in a time where digital assets are moving towards mainstream adoption. From retail customers to traditional banks and financial service providers, digital assets are on the rise. Many of these assets promised to disrupt financial markets and large incumbents, and while they have received widespread attention, they haven’t quite achieved their potential. That