A recent podcast by Planet Money, reflected on a bet made 5 years ago between Bitcoin bull and venture capitalist Ben Horowitz whose firm has made investments worth over USD 50 million into crypto and financial journalist Felix Salmon, paints a peculiar angle on Bitcoin adoption. Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... Omar Debian, a Beirut-based cryptocurrency trader, said that Bitcoin is no longer his supplementary income, adding, “Now, it’s definitely become the primary.” Meanwhile, using cryptocurrencies to transfer funds out of Lebanon has become a lucrative business for many traders, who are now charging commissions of up to 5% on transfers. Currently (mid-2020), it contains around 70% Bitcoin, 10% Ethereum, 5% Ripple, 2.5% Bitcoin Cash and Tether, between 1 and 2% Bitcoin SV, Litecoin, Binance Coin, and EOS, and below 1% OKB (OKEx ... Ethereum Underperforms Bitcoin Despite Bullish PayPal News Today’s Bitcoin rally to $12,700 was news-based, as it came about close on the heels of reports regarding PayPal’s foray into crypto. Although this news only had a noticeable impact on Bitcoin, it is equally as relevant for Ethereum, as PayPal will now allow users to buy, sell, and store BTC and ETH – as well as a few other ... Recent Posts. Bitcoin Price Hits Resistance After Surge to $9.6K — Is $10K Next? The CoinDesk 50: Binance Eyes the Whole Pie; On-Chain Data: Even After $5,000 Gain, Bitcoin Shou ↑ Salmon, Felix. "The Bitcoin Bubble and the Future of Currency". Archived from the original on 21 February 2014. Retrieved 9 April 2013. ↑ Ro, Sam (3 April 2013). "Art Cashin: The Bitcoin Bubble". Archived from the original on 9 April 2014. ↑ "Bitcoin value drops after FBI shuts Silk Road drugs site". BBC News. 3 October 2013.
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