Cryptocurrency Blog

Coinstop's Blockchain and Cryptocurrency Blog
Bitcoin Price Challenge  —  Month 1

Bitcoin Price Challenge  —  Month 1

Having been a bitcoiner for over 10 years, I have seen it at its lowest and highest points. It’s been quite the journey, one that feels almost full...
A Short History Of Bitcoin

A Short History Of Bitcoin

On the 31st of October 2008, an anonymous figure by the name of Satoshi Nakamoto published a white paper detailing a design for a “peer-to-peer ele...
Bringing DeFi To Bitcoin with Taproot

Bringing DeFi To Bitcoin with Taproot

Next month in November, a critical update called Taproot is set to overhaul the bitcoin blockchain. The last update was over 4 years ago when the S...
3 Common Misconceptions About Bitcoin

3 Common Misconceptions About Bitcoin

The recent rise in Bitcoin popularity has seen a number of media outlets reporting misinformation about cryptocurrency. If you’ve been in the marke...
Twitter Adds Bitcoin Lightning Tips

Twitter Adds Bitcoin Lightning Tips

Bullish news - Twitter users on Apple’s IOS will now be able to connect third-party tipping services to their profile, which will include the abili...
5 Biggest Benefits of Bitcoin

5 Biggest Benefits of Bitcoin

If you’re reading this, we’re sure you’ve definitely heard of Bitcoin by now. But what you may not understand are the benefits to the cryptocurrenc...
El Salvador Makes Bitcoin Legal Tender: The Start Of A Domino Effect

El Salvador Makes Bitcoin Legal Tender: The Start Of A Domino Effect

In a major step toward global Bitcoin adoption, El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congre...
Is Bitcoin's Energy Consumption Really That Bad?

Is Bitcoin's Energy Consumption Really That Bad?

Elon Musk recently performed a sudden U-turn on Bitcoin over concerns about its energy usage, saying his electric car firm Tesla will no longer acc...
Is It Too Late To Buy Bitcoin?

Is It Too Late To Buy Bitcoin?

In March 2011, the price of one Bitcoin sat at $1 USD. 10 years has since passed and that same Bitcoin is now worth $55,000 USD. As it continues in...
Your Money Is Losing It's Value & Bitcoin Is The Solution

Your Money Is Losing It's Value & Bitcoin Is The Solution

One of the biggest issues we face with the current financial system is inflation. As more money is printed, particularly in this new COVID-19 era, ...
Why You Don't Need to Be an Expert to Own Bitcoin

Why You Don't Need to Be an Expert to Own Bitcoin

Getting your first Bitcoin and managing your own assets might seem very daunting, but the world of cryptocurrencies has come a long way since its inception. It’s actually never been easier to get involved, and you certainly don’t need to be an expert to own Bitcoin!
What is the Bitcoin Halving?

What is the Bitcoin Halving?

Also referred to as halvening, to understand what the Bitcoin Halving means, you must first gain a firm grasp of Bitcoin’s infrastructure. As the term blockchain itself infers, Bitcoin is composed of data blocks that are cryptographically chained across network nodes. Each of these nodes, which is a network-enabled computer, contains the entirety of blockchain’s history of transactions. Currently, there are about 50,000 Bitcoin nodes.