The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
It makes perfect sense to clarify “What is BTC?” when discussing cryptocurrencies.
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without any intermediaries. It operates on a public ledger, a blockchain.
the staff of the Ridgewood blog
Ridgewood NJ, Bitcoin has reached a new all-time high, surging past the $110,000 mark on May 22, 2025 — a historic date known as Bitcoin Pizza Day. The leading cryptocurrency rose by over 4% in the last 24 hours, trading at $111,489 with a 77% increase in trade volume, according to CoinMarketCap.
the staff of the Ridgewood blog
Ridgewood NJ, in a groundbreaking address at the Bitcoin 2024 conference in Nashville’s Music City Center, former President Donald Trump outlined his vision to transform the United States into the “crypto capital of the planet and the Bitcoin superpower of the world.” Speaking to an enthusiastic, standing-room-only crowd just two weeks after surviving an assassination attempt, Trump pledged to establish the nation’s first strategic Bitcoin stockpile if elected.
Many people don’t understand what mining is and what the principle of mining is, especially now that most people no longer use traditional mining (using mining machines), but enter cloud computing mining. Especially newcomers who have just started know little about mining.
Continue reading BTC Mining Beginner’s Successful Plan to Make $5,000 a Day in 2024
BTC faucets have been around for a while, allowing users to earn bitcoin rewards through micro-earnings.Â
As interest in Bitcoin and other cryptocurrencies grows, it becomes increasingly important to understand how these faucets work within the larger framework of cryptocurrency legislation.Â
This post provides an overview of Bitcoin faucets and the regulatory landscape that surrounds them.
Continue reading BTC Faucets and Cryptocurrency Regulations: What You Need to Know
the staff of the Ridgewood blog
Ridgewood NJ, crypto markets whipsawed in dramatic fashion yesterday. The day started out with crypto rising sharply on strong earnings in the stock market. BTC then experienced a dramatic crash, dumping from $30,000 to below $28,000, retracing the day’s gains in a single hourly candle. Liquidations neared $200 million over four hours. Although the exact cause is unconfirmed, crypto news alerter “db” reported Mt. Gox and U.S. government wallets making transactions. Market intelligence platform Arkham responded but later deleted their reply, clarifying that the alert was due to a bug fix. After this was confirmed, Bitcoin then regained some ground, marching up above $29,000 again.
Continue reading Wild Day for Bitcoin Traders Amid Unconfirmed US Government Dump Rumors