The world’s first durable cryptocurrency, Bitcoin (BTC), was created in 2008 by an unknown person or group using the pseudonym Satoshi Nakamoto. It triumphed were years of digital money efforts failed.
At CryptoAnnals, we are documenting the development of a global, permissionless financial system and the ongoing tale of Bitcoin. What has happened since Satoshi published the white paper on Bitcoin? What are the best ways to invest in bitcoin, how has Bitcoin trading changed over time, and how do Bitcoin futures affect the uptake of blockchain technology? Will established and legacy systems accept or resist this transformation, and how will industry participants collaborate to make Bitcoin a staple in people’s lives?
On August 31, the value of Bitcoin had a significant decrease, exhibiting a dip of more than 4.5% and descending below the threshold of $26,000. The decrease in price occurred subsequent to a judicial decision concerning Grayscale, resulting in the elimination of the previously accumulated profits during the earlier part of the week. The United … Read more
Six entities have filed applications with the SEC for Ethereum (ETH) futures-based Exchange-Traded Funds (ETFs), following the recent wave of Bitcoin spot ETFs. The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. Volatility Shares was the first to file for an Ether ETF on July 28, followed by Bitwise, VanEck, … Read more
The American Bitcoin (BTC) mining company Marathon Digital Holdings Inc has published a report for the first quarter that is better than what was predicted. The report states that the company mined a total of 2,195 Bitcoin during the period. According to the most recent report (1) provided by the company, it mined a total … Read more
The most popular item on Amazon is a lengthy academic study about bitcoin that a major in the United States Space Force published. The concept of “Softwar” is conceptually very different from the monetary use of Bitcoin’s network at the present time. (1) However, it expresses significant support for Bitcoin as being able to have … Read more
Even as cryptographic methods gain popularity on the Ethereum blockchain, the ZeroSync Association is working to bring zk-proofs to Bitcoin network. zk-proofs is short for Zero-Knowledge proofs. According to various reports, the cryptocurrency investment firms Geometry Research and StarkWare Industries have provided financial support to the Swiss non-profit group known as ZeroSync. The recently established … Read more
As a direct consequence of the recent regulatory crackdown on Coinbase and Binance, the cryptocurrency market, dominated by Bitcoin and Ethereum prices, has lost some of its upward impetus in the short term. A Wells warning has already been delivered to Coinbase Global by the SEC in relation to the company’s staking & token listing … Read more
According to recent reports, the advanced economies of the Group of Seven (G7), which consists of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, are collaborating to develop stricter regulations for the cryptocurrency business. Those who are familiar with the situation claim that during the next G7 summit, … Read more
Since its inception in 2008, the most prominent cryptocurrency, Bitcoin, has been met with widespread skepticism throughout the majority of the world. It is difficult for governments to accept this innovative form of money because it appears to be a scheme to make quick money, and many people believe that due to its complexity, it’d … Read more
The demand for hazardous assets, such as Bitcoin, has seen a considerable increase recently due to rising global hyperinflation and the fear of a worldwide banking catastrophe. In mainland China, the trading of cryptocurrencies has been illegal since 2017, and the ownership of digital assets such as Bitcoin was made illegal in 2021. Despite this, … Read more
It would appear that the cryptocurrency market has, at last, made the conscious decision to ignore the performance of traditional markets and instead focus on developing its path. In its ongoing effort to combat inflation, the Federal Reserve stated earlier this week that it would increase interest rates by 25 basis points. Although there was … Read more