The popularity of Bitcoin soars with price, naturally. In fact, the digital currency owes the attention and adoption to the 2017 bull market when the coin ended the year at nearly $20,000. It has since experienced a bear market, especially in 2018 when the price dropped to nearly $3000 and in 2020 when the price dropped to nearly $3500.
However, 2020 may yet prove another attractive year for Bitcoin as January has already proven to be the first month for the premier currency in 7 years.
Bitcoin as a Hedge
Cathie W., the ARK founder stated recently in an interview that she has great confidence in Bitcoin as the digital gold among cryptocurrencies. She maintained that the fact that Bitcoin rose in dominance from less than 30 percent during the bear market to more than 70 percent at the moment is an indication that it is the reserve currency of the coin market.
Cathie is someone that you should listen to as far as investment advisory is concer...
The blockchain analysis company, Chainalysis is known for its work in tracking cryptocurrency transactions, especially with respect to Bitcoin. A surprising statement from the company alludes to the fact that it is not really anti-privacy as far as digital currencies are concerned.
Jonathan L., who is a co-founder of the company, stated that privacy cannot be considered bad by highlighting that transparency should not get to the point in which the privacy of the individual user is compromised.
Cryptocurrency Privacy Debates
There have been debates on the need for privacy in cryptocurrency use. This is especially due to the fact that governments and regulators are keen to make sure that users of digital assets do not operate in a world of their own since transparency is essential for accountability.
Issues such as taxation, financial services control and the need to prevent abuse through illicit activities has made many regulators stance anti-privacy. ...
Before discussing the top 5 Bitcoin Mixing Services in 2020 we need to know what bitcoin mixer or tumbler is. Well. Apparently, Bitcoin was considered anonymous which is why people started to trust the service blindly. But to be honest, it is not as anonymous as it is seems to be, which is why in order to secure the privacy and personal information Bitcoin blenders were introduced. These services are used to mix coins from different transactions so that the hackers or other users cannot reach to the specific address. The top five bitcoin mixers which are currently used are listed below:
Bitmixer.io was the best bitcoin mixer which were used by many Bitcoin owners till the service was shutdown. They were first in this niche and trusted by bitcoin community, but service is not working anymore. This website is mainly used to ensure individual anonymity and make secure transactions.
The second best bitcoin mixer which is currently in use of th...