BITCOIN
Bitcoin (BTC) is the world’s first open-source, peer-to-peer cryptocurrency developed by a pseudonymous person or group of people under the name of Satoshi Nakamoto in 2008. The identity of Satoshi Nakamoto remains a mystery. The crypto is run on distributed ledger technology, also known as blockchain. Bitcoin allows for lower transaction fees than traditional online payment systems, and is decentralized, unlike government-backed currencies. Bitcoin is the world’s largest cryptocurrency by market capitalization and has a limit of 21 million coins. The cryptocurrency uses a proof-of-work protocol to enable security, privacy, and legitimacy of monetary transactions. The issuance of Bitcoin requires mining, where programmers solve a difficult cryptographic puzzle to be able to mine Bitcoin, which earns them a reward. Bitcoin remains the most popular cryptocurrencies, all other cryptocurrencies are known as altcoins. Please see below for Bitcoin news, Bitcoin (BTC) price analyses, and more.
Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits
Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.
What’s Different About Cryptocurrencies This Time Around?
Even people who haven’t been paying all that much attention to the markets over the last several months are likely aware that cryptocurrencies are one of, if not the hot investment topic.
Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist
Matt Maley, the equity strategist at leading institutional trading firm Miller Tabak + Co, believes Bitcoin could rally towards $75,000 “very quickly” based on some chart patterns.
Diginex CEO Predicts Bitcoin Will Reach $175,000 By Year-End Due to COVID-19 Stimulus Impact
Richard Byworth, Diginex CEO has given Bitcoin (BTC) a bullish price projection of $175,000 before the end of the year.
Bitcoin (BTC) Price Analysis – March 15,2021
Bitcoin (BTC) performed strongly in the past week, breaking through the previous high of $58,354. Bitcoin continued to rise, soaring to a new all-time high (ATH)of $61,781 on March 13. But it seems that Bitcoin has suffered strong selling interest near this level and the price has been corrected. At the time of writing, Bitcoin is trading at $60,157.82.
Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined
Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly.
Bitcoin Surge Driven by Spot Buyers, says Moskovski Capital CEO
Lex Moskovski, the CEO of Moskovski Capital, has disclosed that spot buyers are fuelling the present BTC uptrend, which is bullish.
Bitcoin Crosses $61K as Bull Run Continues
Bitcoin (BTC) has soared to new heights by hitting an all-time high of more than $61,000 not seen in its twelve-year history.
Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder
Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.
4 Reasons Why Bitcoin Surged to $58,000
The Bitcoin price has shown green bullish candlesticks for the past 7 trading days. There are four reasons that can serve to explain why BTC's price is surging.
