4 Minute Bitcoin Daily News

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Bitcoin and Blockchain Featured on Jeopardy Jul 05, 2019

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Jeopardy, host Alex Trebek offered the answer “Bitcoin uses this technology as its transaction record.”
The correct response, of course, was blockchain, the distributed ledger technology most cryptos are built on and was created by Satoshi Nakamoto alongside Bitcoin.

Cuba Eyes Cryptocurrency as a Solution to US Sanctions Jul 04, 2019

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According to reports, Cuba's Communist government announced on state run TV that it would potentially use crypto as part of a package aimed to boost incomes for as much as a quarter of Cubans and assist with market reforms.

Bitcoin Ended June as the Top Performing Cryptocurrency Jul 03, 2019

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Instead of an altcoin season, June saw a dramatic rally in prices for Bitcoin with a record price for 2019 at nearly $13,800.

Bitcoin Time is Faster Than Internet Time Jul 02, 2019

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Blockstream CEO Adam Back who was the inventor of the hashcash proof of work system that was later used in bitcoin’s mining algorithm, says that “bitcoin time” seems to be running faster than the so dubbed “internet time” of the early dot com era.

What is Bitcoin Oil? Jul 01, 2019

Show notes

It seems someone has decided to create a new fork of Bitcoin, which makes very little to no sense at all.
Bitcoin Oil is the name of the new fork, and it appears to be a proof of stake currency.

Facebook’s Libra Will Be A Good Thing For Bitcoin Jun 21, 2019

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Facebook has in excess of 2 billion users, so it stands to reason that a digital payment system on their platform will increase awareness of cryptos for millions of people that previously considered it only for geeks

Tom Lee Says Bitcoin Going to $40k in the Next Few Months Jun 19, 2019

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Fundstrat co founder and chief analyst Tom Lee expects bitcoin to go as high as $40,000 dollars within the remainder of 2019.

Things Have Changed Since 2017 When Bitcoin Was $9K Jun 18, 2019

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When Bitcoin soared over $9,000 dollars in 2017, the entire crypto landscape looked completely different.

Bitcoin Is An Opportunity to Align the World Jun 17, 2019

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Jack Dorsey, who has made a name for himself as a Bitcoin advocate, said that the world was in a unique position to change the financial system, and that Blockchain based crypto, would be that change.

FATF Crypto Restrictions Looming Jun 17, 2019

Show notes

On June 21st, the Financial Action Task Force otherwise known as the F A T F an international agency will publish a report with recommendations to local governments on how to handle cryptos, exchanges, and other related businesses.

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