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Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment

May 27, 2022

Andrew Bailey, Bank of England Governor, warned about cryptocurrency and bitcoin on Monday’s Jobs of the Future podcast. After the crypto market plummeted, losing close to $500 billion in value this month, his warning was issued. Bitcoin, the most popular cryptocurrency, has dropped more than 25% in the last 30 days. Bailey admits that blockchain technology...Read More

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Understanding The Basics Of The “Bitcoin Explorer” Software

September 6, 2020

by Sherry Mccoy

It is no secret that the best way to understand and use the technology of the Internet is to have a piece of software called the “Bitcoin Explorer”. The purpose of this software is to give the user a basic understanding about the workings of the Internet, and how it can be used. This software...Read More

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What is Volume in Bitcoin? Let’s know By reading This article

August 17, 2020

by Sherry Mccoy

As the price of the currency continues to rise, the question of how much volume in it actually exists has begun to arise. After all, the more volume you have in the market, the more likely a trade will take place and the greater impact that trade will have on the price of the underlying...Read More

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Bitcoin Halving 2020 Impact|Explained

May 2, 2020

by Sherry Mccoy

In about 11 days, bitcoin is about to go through possibly the biggest fundamental event that we have in our ecosystem today. The Bitcoin block reward halving of 2020, where the amount of bitcoins that are mined into existence are cut in half because as you know there will only ever be 21 million Bitcoin...Read More

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