Ten years after Satoshi Nakamoto posited a peer-to-peer electronic cash system, it seems safe to say that Bitcoin has finally caught on. But not as the creator of the cryptocurrency envisioned. While investors and speculators have rallied behind Bitcoin, its use among retail buyers and sellers remains sluggish. Crypto forensics firm Chainalysis suggests that $4 billion was transacted in Bitcoin payments in 2019; but Nilson reports that card payment companies processed almost $1,800 in the...

Bitcoin’s (BTC) rapid 50% price drop in the wake of Coronavirus concerns aroused chatter around banning the ability for traders to assume short positions in cryptocurrency markets. Question is, would that be the right move? Flash crash raises spectre of shorting bans On March 12 Bitcoin dropped to prices not seen since April 2019, shedding half its value as fear gripped markets worldwide. The massive sell-off was instrumental in the carnage in which all cryptocurrencies except stablecoins...

Oops, He Did It Again! When it comes to Tron, it can often be hard to know where to start. Hot on the heels of his charity buffet lunch with Warren ‘Unconvinced’ Buffett, Justin Sun decided to grab control of the Steemit network. Although he may have espoused the virtues of decentralization and community-driven consensus, taking power from the few and giving it to the many, Sun apparently doesn’t practice what he preaches. The problem is, when you do that to Steem there are too many...

At press time, the bitcoin price has risen by over ten percent in a mere 24 hours, edging toward $7,500 USD from the $6,500 levels of July 16th. After a bearish two months, the cryptocurrency market has sprung to life, enjoying its best day since April 9th. Also see: Tezos Foundation Requests Proposals for Developer Grants Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts As Bitcoin Goes so Goes the Shitcoins Among the top one hundred coins by...

Bitcoin thought leader Andreas Antonopoulos labeled the internet a “giant surveillance machine” in support of his argument that privacy should be prioritized over scaling on the bitcoin roadmap. Also see: The Ten Most Outlandish Criticisms of Bitcoin and Crypto Ever Uttered Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Are Second Layer Privacy Protocols Enough? In a YouTube clip released on August 25th, Antonopoulos showed footage of his...