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 7-Day Transaction Volume Hit All-Time High of $4.39 Billion
New data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.
Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC
Bitcoin just soared to a new ATH on the news that a Morgan Stanley unit, Counterpoint Global is considering a Bitcoin bet
Nassim Taleb “Black Swan” Author and Famous Investor Is Getting Rid of His Bitcoin
Nassim Nicholas Taleb, the author of “Black Swam,” has changed tune on Bitcoin. The famous investor has revealed that he is dumping his Bitcoin because of what he said that the digital currency does not store value.
Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment
Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.
Bitcoin's Diluted Market Cap Tops $1 Trillion For First Time As BTC Price Hits New High
As Bitcoin recently attained a new ATH above $48,000, the premier digital currency has also recorded a $1 trillion diluted market cap#https://blockchain.news/news/democrat-andrew-yang-wants-new-york-city-to-be-a-hub-for-bitcoin-and-crypto;
Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals
The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.
Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde
Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.
Tesla’s Bitcoin Investment is Revolutionary for Crypto but Other Firms May Not Do The Same Just Yet - JPMorgan
Tesla, the latest institutional giant to make a BTC purchase, has reignited the crypto bull market and propelled BTC to a new all-time high with its $1.5 billion endorsement.
Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined
Bitcoin's latest bull run has placed its market cap above that of Tesla and Ford Motors combined as BTC total market cap exceeds $865 Billion.
Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K
The Bitcoin price traded to a new all-time high at $48,308 before correcting lower and now appears to have hit a short-term downward trend. Where to next for the BTC price?
