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.
Jim Cramer Says Every Company Should Have Bitcoin on Their Balance Sheet
After Tesla made a purchase of $1.5 billion worth of Bitcoin, Jim Cramer said that more businesses should get on board with the digital asset.
Winklevoss Explains Why Bitcoin Is a Key Investment for Companies, Will Apple Add BTC Eventually?
A major factor that has been contributing to Bitcoin’s price rallies has been the wave of institutional inflow that has served to fuel its price momentum.
MicroStrategy CEO says Tesla has De-Risked BTC Acquisition for Public Companies
MicroStrategy CEO Michael Saylor is thrilled that Elon Musk and Tesla finally took the bet on Bitcoin and believes the other public companies will now ramp up BTC purchases.
5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue
Why is Bitcoin rising harder than ever before as BTC price pushes for $50,000 after exceeding $47,000 in a new ATH? Here are five reasons for Bitcoin's growing strength.
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.
TRON Credited with Powering Record USDT Growth
With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.
Miller Opportunity Trust Says It Could Invest Up To $300 Million In Grayscale’s Bitcoin Trust
Miller Opportunity Trust plans to invest up to $300 million, or 15% of its net assets, into the Grayscale Bitcoin Trust.
ARK Invest CEO says Bitcoin Is a "Much Bigger Idea than Apple or Amazon" as Crypto Gains More Recognition
Cathie Wood, the CEO of Ark Invest who made a bullish prediction on Tesla when Wall Street was skeptic, has made yet another one – and it’s on Bitcoin.
MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold
CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.
NYDIG Expects to Hold $25 Billion In Bitcoin for Institutions by End of 2021
NYDIG expects the company to continue holding for more bitcoins for an increasing number of institutions, with CEO Ross Stevens predicting around $25 Billion in BTC in 2021.
