Bitcoin wallet | Crypto Profit Bot

Survey finds most El Salvador citizens are skeptical of making BTC legal tender

July 9, 2021

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More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin. 1635 Total views 18 Total shares According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans. The survey, which polled 1,233 people across El Salvador between July 1 and […]

Salvadorans will not be forced to use the government’s Bitcoin wallet

June 29, 2021

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The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free. 1661 Total views 14 Total shares The latest announcement from El Salvador’s pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet. In a tweet on June 29, El Salvador’s President Bukele stated he wanted […]

Forecasting Bitcoin price using quantitative models, Part 3

June 5, 2021

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This is Part Three of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — the rate of adoption, and Part Four — the hash rate and the estimated […]

PayPal users will be able to withdraw crypto to external wallets

May 26, 2021

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Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform. 14562 Total views 6 Total shares PayPal’s embrace of cryptocurrencies appears to be growing after the payments provider revealed that it will allow users to withdraw their digital assets to third-party wallets. The news, which was reported by Reuters Wednesday […]

Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump

May 19, 2021

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Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%. 16776 Total views 26 Total shares Bitcoin (BTC) is down almost 30% in the last seven days, and this dip has triggered an almost commensurate plunge in the percentage of wallets in profit. Data from crypto […]

Crypto wallets in 2021: From hot to cold, here are the options

March 14, 2021

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After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever. But unlike the past bullish waves, this time many users are also concerned with […]

Secure Bitcoin self-custody: Balancing safety and ease of use

January 17, 2021

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Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys and discarded storage devices containing substantial amounts of Bitcoin (BTC). When Bitcoin owners are not being careless with their wallet passwords, they […]

It’s here: Treasury proposes rule to monitor crypto going to self-hosted wallets

December 18, 2020

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Many have called the long-rumored rules an existential threat to peer-to-peer transactions. 36254 Total views 133 Total shares The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets. In a Friday evening announcement, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, announced proposed rules […]

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

December 17, 2020

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Early BTC miners with the foresight to hodl have now become millionaires. 3262 Total views 16 Total shares Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week […]

Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest

November 18, 2020

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Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses. 3141 Total views 24 Total shares Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now need to comply with a new verification measure in order to continue to use its […]

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