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.
Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest
Veteran on-chain analyst Willy Woo believes that BTC is getting ready for the next bull run as more users are trickling in.
Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.
Billions May Soon Enter Bitcoin as More Entrepreneurs Are Looking Up to Elon Musk, says Crypto Analyst
Crypto trader Carl Martin trusts that entrepreneurs are keeping a keen eye on the Bitcoin moves made by Elon Musk
Why Early Bitcoin Investors "Were not as Lucky” - Crypto Advocate
Bitcoin advocate Pierre Rochard believes those adopting Bitcoin today are luckier than those who adopted the cryptocurrency earlier.
Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier
BTC has gained its momentum, as acknowledged by crypto analyst Joseph Young because it is up by 6.1% in the last 24 hours to trade at $49,001 at the time of writing,
Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
Bitcoin Dips Below $50,000 as Price Correction Continues, What's Next?
Despite its price retracement, market analysts are still bullish on Bitcoin. What can we expect from the cryptocurrency in the upcoming days?
Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause
Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.
Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst
Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.
Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds
Glassnode data shows that miners are not willing to sell their Bitcoins amid a market wide exchange shortage of the cryptocurrency. The shortage comes as institutions continue buying crypto assets in droves.
