Bakkt launches first U.S.-regulated BTC options and cash-settled futures, while CEO is set to become a senator. What does it mean for crypto?
Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.
- Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?
- Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway
- Cryptocurrency Exchange BitMEX Enables Native SegWit Support
- Cryptopia Liquidation: Refund Deadline ‘Not Practicable’ as Users Wait
- Why Bitcoin Price Is Headed to 7-Month Low If $7K Support Fails