The bitcoin.com.au blog

On the 24th of August, the US Commodity Futures Trading Commission (CFTC) released its latest report on Bitcoin futures, revealing that the investors’ bearish views are declining. In capital market terms, a bearish view is the opinion that the value of an asset will decline. This may prompt stockholders to start selling or do nothing.

The National Constituent Assembly of Venezuela is prepared to change the Constitution of the country in order to create the first central bank for cryptocurrency. The embattled South American nation has already launched its own cryptocurrency – called the petro – which is backed by the country’s oil reserves in the Orinoco belt.

Many people hear ‘bear market’ and immediately think of red charts, memes of the Titanic sinking, and a general sense of despair and misery. It’s one of those phrases that gets thrown around so much in the cryptocurrency sphere that the real meaning tends to get lost.

If you’re interested in delving into the world of Bitcoin, then you’re probably thinking of it as a possible investment venture. And it’s true that the world’s first decentralised digital currency has risen massively in value since it was launched in 2009. But Bitcoin is also a currency like any other, albeit one that is […]

All too often we hear heated discussions within the cryptocurrency community over which coin is king. Framed as bitter rivals battling to control the future of crypto, many “Bitcoin vs. Ethereum” debates entirely miss the point that these two currencies serve fundamentally different purposes. While there is nothing wrong with picking favorites, a “one coin […]

To understand the concept of Ethereum gas, you first need to look at the protocol as a virtual machine on top of a decentralized network. The Ethereum Virtual Machine (EVM) is a decentralized platform that stores data and executes program code as a centralized computer server would. Programs that run on top of Ethereum are […]

Bitcoin is in the process of deploying the Lightning Network. The new protocol helps the cryptocurrency handle more transactions, speed up confirmations and reduce costs incurred by users when sending and receiving bitcoins.

Venture capitalist and angel investor Tim Draper predicted on 12 April that the Bitcoin price would reach US$250,000 by 2022.