Bitcoin Breaks $20k and Hits New All Time High
The day is finally here. Bitcoin has broken its previous all-time high of $20,000.
Bitcoin (BTC)
Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
PayPal
You can buy, sell and hold cryptocurrency on PayPal. Currently, PayPal supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
All Users in US Can Now Buy, Hold, and Sell Crypto on PayPal
All users in the US can now use PayPal to buy, hold, and sell Bitcoin, Litecoin, Bitcoin Cash, and Ethereum on PayPal.
Bitcoin Looks Ready for New Highs; But Expect Dips
Bitcoin looks ready for new highs if history is any indicator, as you can see in this chart comparing BTC 2012 – 2016 to 2016 – 2020.
PayPal Announces Crypto Buying, Selling and Shopping
PayPal announced they will begin letting customers, including 26 million merchants, buy, sell, and shop using crypto.
Bitcoin Mining Reward is Cut in Half
The Bitcoin halving occurred today. The Mining reward for Bitcoin is now cut in half from 12.5 to 6.25 BTC.
Goodbye Salt Season / Hello Alt Season (Maybe)
Is it alt season yet? This chart implies that it at least isn’t a hard no.
Is it alt season yet? This chart implies that an alt season could be brewing here in May 2020.
Bitcoin Nears $10k With the Halving Only Days Away
Bitcoin is nearing $10k with the halving only a few days away (estimated on May 11 2020). That is all 🙂
Bitcoin’s Block Reward is Cut in Half in Less Than a Week
The Bitcoin halving, where Bitcoin’s block reward will decrease from 12.5 to 6.25 BTC a block, is less than a week away. It will occur at block 630,000.
Simple Ways to Buy Bitcoin
Three simple and easy ways to buy Bitcoin are Square’s Cash App, Coinbase, and GBTC on the stock market. Square and Coinbase get you actual Bitcoin, GBTC is a trust that holds Bitcoin.