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.
Can the Bitcoin Price Retake $40,000 after BTC Breaks Key Resistance?
The Bitcoin price saw a bullish breakout above the $35,000 resistance for the first time since Elon Musk sent BTC soaring to $38,000 with his support for the crypto last week.
Elon Musk says He’s “Off Twitter For a While” After Sending DOGE and BTC Soaring
Elon Musk is taking a break from Twitter after a few weeks of market-moving opinions on Dogecoin and Bitcoin.
Miami Mayor Francis Suarez: Bitcoin Will Be "Biggest Story For Next Few Years"
Francis Suarez, Miami Mayor, wants his city to embrace blockchain technology, Bitcoin and digital assets.
Bitcoin Network Breaks Record With 22.3 Million Unique BTC Addresses in January
The Bitcoin network was busy in January with over 22.3 million active BTC addresses sending or receiving the cryptocurrency.
Bitcoin Price Not Everything Says Bitfinex CTO, as BTC moves Sideways
The Bitcoin price has stagnated, trending sideways between $32,000 and $34,000—but recognizing BTC’s true value is not all about price says Bitfinex CTO Paolo Ardoino.
Elon Musk Influence on the Price of Bitcoin Has Almost Faded Away
The price of Bitcoin which surged after Elon Musk updated his Twitter profile status to feature Bitcoin is now dropping. The CEO's influence did not usher in a new BTC ATH.
Bitcoin Subreddit Surges as Hedge Funds Short BTC, A Coordinated Crypto Buying Attack?
Will Bitcoin be the next target of a coordinated buying attack as new data reveals Bitcoin subreddit's astronomical growth as well as institutional shorts on the cryptocurrency?
Bitcoin Addresses with at least 1K Coins Hit All-Time High As Bitcoin Price Rebounds
The number of Bitcoin (BTC) addresses holding at least 1000 cryptos has soared to a new all-time high (ATH) at 2,469.
Elon Musk Backs Bitcoin as His “Favourite” Crypto, Dogecoin Becomes First Altcoin to Outrank BTC in Tweet Volume
In the past 24 hours, Dogecoin has exponentially grown on the back of GameStop (GME)’s success, much to the delight of the cryptocurrency community.
US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin
The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.
