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 is the Answer to True and Free Capitalism, Following Wall Street Bets Short Squeeze
With the recent Gamestop stock soaring due to the Wall Street Bets group, this brought up a lot of discussion regarding Bitcoin and DeFi in the community,
3 Reasons Why Bitcoin Price Will Continue Rising
Institutional demand, subsiding price volatility, and the Federal Reserve having no plans to taper its economic relief spending are 3 reasons why Bitcoin will continue to rise.
Second Bitcoin Whale Spotted Holding At Least 100,000 BTC Worth $2.8 Billion
For the first time since June 24th 2020, Bitcoin has a 2nd whale address with 100k+ BTC tokens held, according to on-chain data provider Santiment.
Walls Street's GameStop Battle With Reddit Page r/wallstreetbet Highlights Need for Decentralized Bitcoin
As the duel between institutional Wall Street short-sellers and members of Reddit group r/WSB rages on, many are noticing the censorship-free nature of Bitcoin and crypto.
Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd
Institutional investment in Bitcoin is not enough on its own to justify Bitcoin’s price levels said Guggenheim CIO Scott Minerd who predicts BTC will trend below the $30K level.
100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000
Data reveals that 100,000 BTC options are scheduled to expire on crypto exchange Deribit in two days, potentially driving Bitcoin price down to $28,000.
Bitcoin Bull Peter McCormack Slams Bank of England Andrew Bailey’s Narratives About Bitcoin
Bitcoin bull Peter McCormack has slammed the narratives of Andrew Bailey, the Governor of the Bank of England (BOE) regarding Bitcoin and cryptocurrencies.
It’s the Age of the Micro Investor and this is Good for Bitcoin – SkyBridge Capital Founder Scaramucci
Anthony Scaramucci believes that it is the age of retail traders, as they have triggered bull runs in stocks like GameStop and this is positive for Bitcoin.
Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction
The number of Bitcoin (BTC) addresses in profits has plunged to a 3-month low at 30,782,698.006 as the price of Bitcoin has stayed in the bearish zone for days.
Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin
CEO of Ark Invest Cathie Wood predicts that more firms will onboard the institutional wave backing Bitcoin, which will consequently drive up BTC's price.
