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Michael Dunn

Michael Dunn has done his major in journalism and mass communication. He is a crypto-enthusiast. He is passionate about cryptocurrencies and blockchain technology from it's early days. He also interested at analyzing cryptocurrency market trends. He produce quality content in this field due to his comprehensive knowledge.

What Are Bitcoin ATMs and How Do They Work?

Bitcoin ATM is an exchange platform that helps in transacting Bitcoin, Fiat, and Altcoins. A cryptocurrency trader can drop in at a Bitcoin ATM kiosk and cash in their fiat currencies to buy Bitcoins. Few Bitcoin ATMs allow their users to buy and sell Bitcoins, while others only support Bitcoins’ purchases. Like a traditional ATM, […]

Understanding the Process of Bitcoin Mining

Bitcoin is driven by the peer-to-peer network of Blockchain technology that is responsible for the decentralized nature of Bitcoin. The advanced Blockchain technology authenticates transactions by performing calculations, thereby maintaining the transparency of Bitcoin exchange among users. The network of Blockchain technology consists of nodes that create new blocks to be linked to the Blockchain […]

What Are the Factors That Influence Bitcoin’s Price?

Bitcoin has successfully integrated into the mainstream finding a broad spectrum of applications for everything from online transactions to e-commerce and gambling. With the large-scale adoption of Bitcoin, an increasing number of individuals are using crypto for speculative investments or online transactions. When Bitcoin was developed in 2009, its value was absolutely nothing; but, a […]

Does Bitcoin Back By Anything?

Overview Bitcoin is backed by DLT (Distributed Ledger Technology), also known as the blockchain, which consists of the proof of every transaction that is carried out on the network. Bitcoin runs on a secure network that cannot be either influenced or affected by any authorities, government, individual, or any country. Bitcoin supply is limited, which […]

Why do Hackers Use Bitcoins?

An Introduction to Bitcoin Bitcoin is the first cryptocurrency to have been released worldwide, with hundreds of others being subsequently launched to date. The coin was invented in 2008 by a person or a group of persons named Satoshi Nakamoto whose identity has still not been established. In 2009, Bitcoin was implemented as open-source software […]

The Top 10 Risks Of Bitcoin Investing

An Overview The pandemic has wreaked havoc on the economy of almost every country. Even the developed nations are struggling hard to do away with the financial crunch.  Top 10 risks of bitcoin investing and How to avoid getting caught up in them 1. Volatile and Fluctuating Market If Bitcoin can be described in one […]

Know Everything About Bitcoin and Ethereum

An Overview The modern and globalized society we live in has adopted technology as an invincible source of freedom and revolution that caters to the endless needs of our day to day lives. Technology development has played a critical role in shaping the financial domain and giving it the required infrastructure. The launch of cryptocurrencies […]

How to Pick The Best Bitcoin Wallet: A Short Guide

Bitcoin is a digital currency that follows the innovative peer-to-peer (P2P) network and is powered by blockchain technology. Each Bitcoin transaction is recorded on a secured public ledger, which eliminates the need for an intermediary. Bitcoins are linked to a wallet id instead of your personal information through blockchain technology; hence Bitcoin transactions are pseudo-anonymous.  […]

How to Gamble With Cryptocurrency Like Bitcoin?

Today, many people are aware of Bitcoin (BTC) cryptocurrency. In 2017, the price of the 1 BTC hit $20,000. Nowadays, you can purchase all types of goods and services with the help of cryptocurrencies. There is an excellent scope of Bitcoin in the online gambling industry. There are many Bitcoin casinos, poker rooms, and other gambling […]