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Bitcoin vs. Ethereum: Comparison of Two Most Popular Cryptocurrencies

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  Bitcoin vs. Ethereum: Comparison of Two Most Popular Cryptocurrencies Link Copied! Cryptocurrencies are currently the most popular application of blockchain technology. Once niche concepts used by a handful of tech-savvy geeks, nowadays they’re commonplace. An emergence of various wallet apps and trading platforms helped them gain such a wide adoption, but a cost to that is that inner workings of the tech behind these digital assets are no longer well known to their users. Having the complex details abstracted away behind a familiar interface with graphs and three-letter symbols surely is convenient, but also might make it harder to understand how cryptocurrencies actually differ from the fiat ones these days. Bitcoin essentials: idea, transactions, problems How Bitcoin cryptocurrency was created The idea of Bitcoin was introduced in a paper released in 2008, written by an author going by the name of Satoshi Nakamoto. In the introduction he pointed out a few things he...

What You Need to Know About the Bitcoin Halving

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  What You Need to Know About the Bitcoin Halving The Bitcoin halving is a recurring, periodic event programmed into the Bitcoin protocol, designed to ensure its scarcity and, by extension, its value over time. Each halving, the number of new Bitcoin emitted as mining rewards for each new block reduces by half. Halving events are projected to occur through 2140, when Bitcoin reaches its total supply limit of 21 million.  The halving event is closely watched by a range of network participants, including institutions, traders, and individual investors. The upcoming fourth halving is unique in the Bitcoin ecosystem, marked by a substantial increase in institutional engagement since the last halving occurred in 2020 — along with the integration of traditional financial products such as exchange-traded funds or ETFs. The combined effect of reduced block rewards and significant portions of Bitcoin being bought up and h...

What is Bitcoin? Complete Beginner's Guide [2025]

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  What is Bitcoin? Complete Beginner's Guide [2025] Highlights Bitcoin introduces a decentralized digital currency enabling global, secure transactions without central oversight. It's built on blockchain technology, offering a transparent and secure value exchange system. Despite its potential, Bitcoin faces challenges like volatility, scalability, regulatory uncertainties, and environmental concerns, underscoring the complexities of integrating it into the wider financial landscape. What is Bitcoin? Bitcoin is a cryptocurrency , a peer-to-peer digital currency that operates independently of a central governing authority. Bitcoin enables direct transactions between users, secured by cryptographic technology and recorded on a transparent and immutable ledger known as the blockchain. This innovation not only ensures security and transparency but also challenges traditional financial systems by offering a global currency that is accessible to anyone with internet access....

What shaped crypto in 2024? Year in review

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  What shaped crypto in 2024? Year in review 2024 was truly monumental for the crypto community , and the numbers prove it as its value reached six figures for the first time. Apart from it also became one of the top 10 assets by market capitalization for the first time, currently holding the 7th position, just behind gold and the stocks of major tech companies like Apple, Amazon, NVIDIA, and others. Assets ranked by market capitalization. Source: companiesmarketcap.com Bitcoin’s $100,000 milestone 2024 was undeniably Bitcoin’s year, with key events fueling its historic rise. On December 5, Bitcoin surpassed the $100,000 mark, continuing its upward momentum to reach $104,000. However, after a brief correction below the $100,000 level, it set a new all-time high of $108,249 on December 17. The lowest value in 2024 was $39,504. As of time of writing, from January to December, Bitcoin has gained 119.03%.  The spot Bitcoin ETF launch The launch of 11 Bitcoin ETFs in...

Bitcoin Price in 2025: Expert Predictions and Market Analysis

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  Bitcoin Price in 2025: Expert Predictions and Market Analysis It’s 2025, and the crypto scene is hopefully set for another groundbreaking year. Will Bitcoin hit new ATHs this year? Or will any government create national BTC strategic reserves, or will ETFs drive the market? In our latest article, we explore the trends shaping Bitcoin’’s journey, and the forces influencing its price, and share some bold predictions.  First, let’s dive into the key factors that could impact Bitcoin’s price movement this year. Macroeconomic Factors to Watch in 2025 Federal Reserve Rates On December 18, 2024, the Federal Reserve lowered its interest rate benchmark by 25 basis points, bringing it to 4.5%. This marked a cumulative easing of 100 basis points since September 2024. Meanwhile, the Fed’s recent commentary during the FOMC meeting has tempered expectations for further rate cuts. During his remarks, Jerome Powell stated that the Fed anticipates only two rate cuts in 2025. T...

How To Verify Business Account on Bitcoin Store?

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3 Ways to Verify Crypto Ownership 1. Penny Test or Small Transfer Test Banks use a penny test to confirm account ownership. Crypto ownership verification involves a "small transfer test." This test requires moving a small amount of cryptocurrency between the same person's wallets. Then, one checks the blockchain to ensure the transfer occurred as intended. Cost: Performing the transfer requires the client to incur gas fees on the blockchain, albeit a small one. Such fees can add up quickly. This can happen if the client has multiple wallets or if the transfer test needs to be done more often to prove ownership at different times. This is not a "real" ...