Blog By Sammy

  Main Takeaways Even amid continued volatility, Bitcoin continues to dominate the crypto market.  Buy bitcoin As adoption has improved, interest in Bitcoin has spread from retail investors to institutional investors and mainstream entities such as Tesla and MicroStrategy.  Bitcoin has remained the best-known cryptocurrency since its inception. Bitcoin (BTC)  has remained the world's top cryptocurrency, even on a volatile market, despite thousands of alternative cryptocurrencies having been created throughout the years. Keep reading to learn more about Bitcoin and why people are still interested in it even when faced with a volatile market. Invented in 2008, Bitcoin is the world’s first cryptocurrency. It’s a form of digital cash that allows users to send and receive money through a decentralized network. Unlike fiat currencies, Bitcoin has no central bank or authority controlling it. Instead, it's run by thousands of computers around the world.  For a more deta...

  China’s central bank – the People’s Bank of China (PBoC) – says all crypto exchanges and peer-to-peer (P2P) trading platforms on the mainland have now been shut down. But it appears that authorities are still waging a battle against crypto mining, as many proponents are said to have moved their activities underground. Lanjinger reported that the PBoC released its latest quarterly report for fiscal year 2021, in which it made a number of claims about the success of its crackdown on cryptocurrencies launched last September. The PBoC claimed that it had “ cracked down on illegal and criminal financial activity” in an effort to “clean up the financial mess.” The PBoC claimed it had eliminated “unlicensed internet-based wealth management institutions and unlicensed payment institutions” and “equity crowdfunding platforms.” “All” forms of P2P online lending platforms, including crypto-related platforms, have “ceased operations,” it added. In addition, the authors of the bank’s  re...

Place to buy Bitcoin I do not have personal preferences or bias towards any specific platform. However, here are some popular and reliable options to buy Bitcoin, Ethereum, and other cryptocurrencies : Binance.com   : Binance is a cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptocurrencies. It was founded in 2017 by Changpeng Zhao, a Chinese-Canadian businessman. Binance is one of the largest cryptocurrency exchanges in the world, with over 100 different cryptocurrencies available for trading. The platform offers a variety of trading options, including spot trading, margin trading, and futures trading. Binance also offers its own cryptocurrency, Binance Coin (BNB), which can be used to pay for trading fees on the platform. The platform has a reputation for being secure and reliable, with a strong focus on user privacy and security. LocalBitcoins   :  is a peer-to-peer cryptocurrency marketplace that allows users to buy and sell Bitc...