Crypto Wallet News

News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Bitcoin is the first decentralized digital asset, unveiled by a mystery man “Satoshi Nakamoto” in the year 2008. But the use of Bitcoin as a digital currency in the crypto market began in the year 2009, which aims to provide decentralized monetization, secure and transparent transactions without any intermediaries like banks and  government. How Does Bitcoin Work? Bitcoin aims to operate without any influence of third-party financial systems or government authorities. Hence, this network uses an open-source program that chains transaction histories to prevent online data theft.   Bitcoin and Other Cryptocurrencies  Not every crypto project is the same. Each project has a unique identity, functionalities, and more. Likewise, Bitcoin, the king of the crypto world, differs from other cryptocurrencies in many different ways. From core features, origin, economic principles, and dominance in the marketplace Bitcoin has many unique potential features. As a result, Bitcoin remains at the center stage. Technology Behind Bitcoin The sole success of Bitcoin is its innovative protocol, enabling secure and transparent transactions.   Role of blockchain The blockchain is a distributed public ledger where every transaction history of Bitcoin will be stored. If a trader initiates a transaction, it will be signed with a secure digital signature and broadcast as a message to the miners network. Crypto miners listen to the broadcast message, process computational work, and bundle the messages into a block. When a miner constructs these blocks, it broadcasts back to the mainstreaming network, where Bitcoin nodes verify its validity. Once verified, the blocks will be added to the blockchain and become part of an immutable ledger shared across the finance world. This makes Bitcoin a peer-to-peer system.  Is Bitcoin a Good Investment? Beyond learning about Bitcoin&#8217;s basics, investors should consider the risks involved with investing in it. Because Bitcoin is the most risky investment with high volatility in the marketplace. So, if you are ready to accept a high-risk tolerance and afford to lose some or all of your investment, you can go with Bitcoin&#8217;s BTC. But we suggest the investors to always keep a diversified portfolio to reduce overall risk exposure associated with Bitcoin investment.  Bitcoin Investment Strategies Investing in top dominants like Bitcoin, involves certain hurdles. Hence, investors should follow the core principles as investment strategies to make an informed decision. Never invest more when you cannot afford the loss. Research and find the fundamental capabilities Use Safe Storage Understand the technology in depth Pay attention to crypto regulations  Research and analyse market trends using technical indicators like MACD and RSI on the daily chart.  Stay updated with the latest market trends and crypto news Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced &#8220;US Crypto Strategic Reserve,&#8221; which integrates top cryptocurrencies like Bitcoin, Ethereum, and more. Following his announcement, in the last 24 hours Bitcoin price reclaimed 10%, reaching a high of $94939.23. Besides, it paves a way to contribute a $300 billion rally in the global market. How to Buy and Trade Bitcoin? Investing in Bitcoin seems complicated, but with the right investment strategies and techniques, you can win over it. But how do we buy or trade Bitcoin? Here we go. How to Buy Bitcoin? The best way to purchase Bitcoin rather than mining is by creating a reputable account on the regulated crypto exchange, fund it, and make a purchase. There are four ways to buy Bitcoin Bitcoin.com wallet app Bitcoin.com website Centralized exchanges like Gemini Payment processors like Paypal Other alternative ways are Bitcoin ATMs, P2P exchanges, and Mainstream Brokerages.  How to Trade Bitcoin?  Investors can sell or trade their BTC assets in the same crypto exchanges where the crypto assets are being purchased. However, some crypto exchanges charge a percent of the sale amount as a fee. One such exchange is Coinbase. It charges transaction fees when a trader cashes out their crypto, depending on their selected payment options. Some exchange platforms generally have a daily or monthly withdrawal limit, while others don&#8217;t. Binance, Coinbase, OKX, Bybit, Bitget, KuCoin, and more are some of the best exchanges for you to trade Bitcoin. Bitcoin Wallets and Security Privacy and security are the two keys a Bitcoin trader should consider when using Bitcoin Wallets. Investors who gain the private key should hold it securely. In case if you don&#8217;t have your private key, then you may lose access and control to your Bitcoin permanently.  We all know Bitcoin is the most traded cryptocurrency in the crypto world. Hence, a secure wallet is essential to send, receive, and store Bitcoin safely. But how do we choose?Bitcoin Wallets can be found in the forms of hardware devices, and mobile wallets are paper wallets. Each wallet type has a different security enhancement.  How to Secure Your Bitcoin Holdings? Have you ever heard of Hot and Cold Wallets in the digital economy? It&#8217;s hard to determine which wallet will be the best Bitcoin wallet for all-level traders, because specific features and security options define what will work for an individual trader. Therefore, choosing the right BTC wallet involves considerable types. Hot Wallet Vs. Cold Wallet A Hot Wallet is a “Software Wallet” where crypto investors and traders can easily manage their stored assets. Bitcoin&#8217;s Hot wallets can be accessible in the form of Mobile wallets, Web wallets, Desktop wallets, custodial hot wallets, and non-custodial hot wallets. Whereas, Cold Wallet is a “Hardware Wallet” where crypto investors and  traders can store their private key in the offline mode in order to prevent online threats like hacking. Cold wallets can be found in the form of hardware devices, paper wallets, custodial wallets, and non-custodial wallets. Custodial Vs. Non-Custodial Wallets In the custodial wallet, a third-party intermediary like crypto exchanges might hold your private keys and control access to your Bitcoin. In a non-custodial wallet, users control their private keys and manage to secure Bitcoin. Bitcoin Adoption and Use Cases As Bitcoin is the top leader in the crypto economy, businesses and leading enterprises are using Bitcoin as their primary asset in the global market. Hence, it consistently gains more traction. Furthermore, the key factor behind its success was  partnerships and integrations with top organizations like: the Bitcoin Foundation, Blockstream, Coinbase, Binance, the Chamber of Digital Commerce, Microsoft, and more. Further, the heightened importance of Bitcoin in the finance world may play a crucial role in contributing to adopting BTC. So, let&#8217;s find the factors that lead to Bitcoin adoption in the global crypto market.  Factors that lead Bitcoin Adoption Since its emergence, Bitcoin has been experiencing a remarkable journey in the crypto market. In 2025, Bitcoin will be gaining more attention among traders than ever. Some of the critical factors are: Rising Institutional Adoption: The participation of diverse institutions in the Bitcoin market is one main reason for its higher adoption in the finance market.  Changes in cryptocurrency regulations: The legal and regulatory framework is another considerable factor driving Bitcoin adoption in the global market.  Bitcoin&#8217;s revolutionary power: Decentralization, scarcity, economic hedge, integration, and immutable nature are the key attributes leading to its popularity and adoption.  Rising uncertainty in the finance world: The crypto market is generally volatile. Hence, the market sentiment remains unpredictable and uncertain. As a result, investors and market participants may shift their attention to Bitcoin. Advancement in Technology: In 2025, crypto enthusiasts are anticipating that Bitcoin might bring advancement to its elements like scalability, privacy, and more. Further, the integration of some new technologies might boost its viability in the future. Bitcoin&#8217;s Future Outlook &amp; Growth Potential Based on increased institutional adoptions, the US Strategic reserve, and crypto regulatory frameworks, Bitcoin is anticipated to exhibit significant growth by the end of 2025. As countries like Bhutan and El Salvador are increasing their participation in the crypto market, hedging against inflation, and diversifying wealth, which could lead to Bitcoin becoming a big shot in the marketplace. As a positive outlook, the mass adoption and innovative frameworks demonstrate that Bitcoin will be a highly future-scope investment.  Pros and Cons of Investing in Bitcoin  Pros Security Decentralized Protection from inflation  Transparency Cons High Volatility Risk of data loss Lack of Government regulations Final Thoughts In the modern age, Bitcoin is one of the technological breakthroughs and the most remarkable invention. As it positions as a top ranker in the marketplace, this digital currency faces potential challenges from other dominators like Ethereum, Ripple, and more. Yet, Bitcoin outperforms other assets. Based on today&#8217;s market activity, Bitcoin is projecting an upward trajectory and attempting to break the $94,939.23 resistance to reclaim its Bullish sentiment. So, investing in Bitcoin at the moment could be a good choice. But if you&#8217;re still doubting whether to invest in it, keep monitoring the price action and make an informed decision. As crypto investment involves critical risks, we recommend that our readers do deep research before investing in digital assets. FAQs 1. What is Bitcoin (BTC)? Bitcoin is the first decentralized blockchain that allows end-to-end BTC transactions without the involvement of third-party intermediaries like banks or governments.  2. What is Bitcoin Mining? Bitcoin Mining is the process of validating transactions and adding new blocks to the blockchain. Bitcoin Miners compete to solve complex mathematical problems with the proof-of-work mechanism to validate blocks and earn mining rewards.  3. Is Bitcoin Mining taxable? Yes. The IRS taxes some amount as an income that users receive from their mining process based on the fair market value on the day of receiving their mining rewards.  4. How to start Bitcoin Mining? Bitcoin mining can be processed by the following steps: Select an appropriate hardware  Install and configure mining software Join a mining pool SetUp Bitcoin Wallet  5. What are the Mining strategies of Bitcoin? To mine Bitcoin, users need to follow any of the following strategies as a primary component: Solo Mining &#8211; An independent attempt to solve Bitcoin Blocks. Pool Mining &#8211; It is a combined mining process where the computational power of multiple Bitcoin miners are used to solve the blocks. Cloud Mining &#8211; This allows users to purchase mining contracts from the companies that manage the hardware and mining operations.  6. What is a Bitcoin Wallet?  A Bitcoin Wallet is a digital wallet where users can store their crypto assets like Bitcoin, XRP or Ethereum. It not only holds your digital currencies but also secures them with unique private keys and can be used to access processes like sending and receiving.  7. What are the different types of Bitcoin wallets? Desktop Wallet &#8211; This software is installed on a computer and offers high security.  Hardware Wallet &#8211; Physical devices where users can store their private keys offline, offering high security.  Mobile Wallet &#8211; It is a mobile application convenient for everyday transactions.  Paper Wallet &#8211; It is a printed QR code containing private keys that offers offline storage. Web Wallet &#8211; This is an online storage system where users can manage Bitcoin but rely on third-party servers.  8. What are the regulatory challenges of Bitcoin? In the current crypto market, Bitcoin faces various regulatory challenges, including: Know-your-customer (KYC)  Taxation  Consumer protection Anti-money laundering (AML) Financial Stability  9. How can Bitcoins be used in the real world? As we live in digital era, Bitcoin can be purposefully used for  digital transactions like: Online Shopping  Paying for goods and services  Sending money internationally  Investment landscapes 10. Is Bitcoin Legal or Illegal? In many developed countries, the United States, Canada, and the U.K., the use of Bitcoin is legal. However, countries like China, Saudi Arabia, Bolivia, and Pakistan have banned it. 

Wilfred Michael

Brian Brooks, Acting Comptroller of the Currency, has said that the US government is &#8216;not going to ban bitcoin but are instead being very focused on not killing [it.].&#8217; Brooks, who was formerly Coinbase&#8217;s chief legal officer, responded to rumors that U.S regulators were working on releasing a regulation that would implement KYC laws on ... Read more

OCC Chief Brian Brooks Says "No One is Going to Ban Bitcoin" and 'Good' News Coming

OCC Chief Brian Brooks Says &#8220;No One is Going to Ban Bitcoin&#8221; and &#8216;Good&#8217; News Coming

https://coinfomania.com/wp-content/uploads/Brian-Brooks-Bitcoin-Ban.webp

Home

Best Crypto to Buy Now | New Coins &amp; Presales | Next Crypto to Explode

Coinfomania

https://secure.gravatar.com/avatar/32392456f696437d60176fce03835647?s=96&r=g

WilfredMichael

Obike Favour

Obike Favour is a crypto news reporter who  is also interested in digital marketing and writing.

As an introvert, she spends most of her time surfing the Internet for new ideas that will help her succeed in the digital world.

Swiss startup Valour introduces a Bitcoin ETP with zero management fees, offering a cost-effective way to invest in BTC. Learn more here...

Swiss Startup Valour Launches Bitcoin ETP With Zero Management Fees

Valour Launches Zero-Fee Bitcoin ETP for Investors

https://coinfomania.com/wp-content/uploads/2019/08/Bakkt.webp

Crypto Startup News

Electroneum

The mobile phone-based cryptocurrency app, Electroneum, has recently partnered with Blockchain Heroes, a collectible crypto trading card set that features crypto and blockchain-inspired characters, to enable its smooth venture into the world of NFTs. According to a recent blog post, Electroneum marketing manager, Jonathan Marriot, stated that the app will be releasing its very first ... Read more

Electroneum Ventures Into NFTs With Blockchain Heroes Partnership

https://coinfomania.com/wp-content/uploads/Blockchain-heroes.webp

Beginner Guides

Find easy to understand crypto guides on Coinfomania covering the basics of Bitcoin, blockchain technology and altcoins.

Reviews

Read crypto reviews for popular projects, exchanges, brokers, and potential crypto scams to avoid.

Lele Jima

Lele Jima is a writer by heart and a crypto enthusiast. He has been a writer for over two years.  So far, he has written on topics that cut across various industries ranging from fintech to ICT.  He hopes his words bring the desired change we crave for, which is to make the world a better place.  His pen is his might, and the sky, his starting point.

With the popularity of Bitcoin, beginners and financial investors are looking for legit and proven bitcoin investment sites to invest with.

13 Legit Bitcoin Investment Sites (Tested and Trusted in 2023)

https://coinfomania.com/wp-content/uploads/Bitcoin-investment-sites.webp

Press Release

PR Desk

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

Cryptocurrency is perhaps the most suitable asset for day trading. Not only because the markets are open 24 hours a day, 7 days a week, but also for the relatively high volatility of the market. Take Bitcoin as an example, it has gained 10% in the past 3 days, but it once shed 50% within ... Read more

Gateway to Earning Bitcoin: Beginners’ Guide on BTC Futures Trading

https://coinfomania.com/wp-content/uploads/Bitcoin-futures.webp

MicroStrategy CEO Michael Saylor has once again reiterated that the company has no plans to trim its Bitcoin position any time soon. Even though their investment has gained over $200 million in less than four months, Saylor told CNBC in an interview that trimming its Bitcoin position would amount to &#8220;decapitalizing the company.&#8221; Saylor was ... Read more

MicroStrategy CEO Shrugs Off Any Chance of Trimming Its $425 Million Bitcoin Position

As the price of Bitcoin looks almost certain to reach a new all-time high soon, evidence continues to abound that the recent growth isn&#8217;t fueled by retail investors as was the case in 2017. Anyone who tried to transact with Bitcoin (BTC) at the peak of the last all-time high had to settle with either ... Read more

Wait! Bitcoin is Almost at $20K and Fees are Still Ridiculously Cheap?

https://coinfomania.com/wp-content/uploads/Bitcoin-12.webp

The authorities of the Republic of Lithuania have recently concluded the sale of confiscated cryptocurrencies under its custody for a sum of 6.4 million euros (approximately $7.6 million). According to an official announcement on Tuesday, the State Tax Inspectorate (STI), which is the official tax regulator in the country, had been in charge of the ... Read more

Lithuania Made $7.6 Million From First Sale of Confiscated Cryptocurrencies

https://coinfomania.com/wp-content/uploads/Crypto-sales.webp

Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

The second cryptocurrency by market cap has been in an upward trend for a while now. There are many highlights of the upward trend, but one of the main highlights is when ETH crossed the $500 resistance level. ETH traders saw it coming and were eagerly expecting when the $500 resistance level will break. Before ... Read more

Ethereum Price Analysis: Can ETH Touch $2,000 This Year?

https://coinfomania.com/wp-content/uploads/ethereum.webp

EthereumClassic

Ethereum Classic Labs (ETC Labs), the main organization supporting the Ethereum Classic blockchain, has announced that the network will undergo an important hardfork later this month.   According to a press release today, the upgrade named Thanos is scheduled to launch on the network’s mainnet on Sunday, November 29, 2020, at exactly block 11,700,000.  However, there is a ... Read more

Ethereum Classic to Implement Thanos Upgrade On November 29

https://coinfomania.com/wp-content/uploads/Ethereum-classic-thano.webp

Search Results

OCC Chief Brian Brooks Says “No One is Going to Ban Bitcoin” and ‘Good’ News Coming