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 Could See Another Bull Run Soon as Pompliano Hints at a Major Government BTC Development
Anthony Pompliano recently told the crypto Twitter community that something big is about to happen with Bitcoin.
Bitcoin Aggregate Spot Orderbook is Stacked, says Crypto Analyst
Onchain and crypto analyst Cole Garner has noted that the current price correction shouldn’t raise eyebrows because BTC’s aggregate spot order book is stacked, and this is a bullish signal
Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues
Crypto exchange Luno and brokerage OSL believe that Bitcoin is still in the right trajectory and is set to hit $50,000 in the long term.
Bitcoin in 2021: From All-Time High to Where?
A few months ago, the idea of Bitcoin surpassing its all-time high (ATH) was not particularly outlandish. A week after, it hit $40K. Nothing, it seemed, would be the same again.
Bitcoin’s Bounce Back to $40,000 in Jeopardy as Grayscale Investments Slacken
Leading American bank JPMorgan Chase & Co. believes that a bounce back to the $40,000 level has been jeopardized as Bitcoin investments by Grayscale are drying up.
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000.
JPMorgan Strategists Explain Why Bitcoin is Currently the "Least Reliable Market Hedge" as BTC Price Drops
After sustaining above the $35,000 threshold for most of the week, Bitcoin has stumbled, even dropping to lows of $29K mark momentarily.
Bitcoin Price Plummets After Bitmex Starts BTC Double Spend Rumor, Grayscale Buys the Dip
BitMex Research incorrectly identified a double spend of around $21 in Bitcoin. The BTC price fell to a low of $28,953.37 and Grayscale Investment bought up $1.2 billion worth.
How To Buy Bitcoin and Crypto With Paypal in 2021
In November 2020, PayPal announced that all US users would be able to buy bitcoins and 3 other cryptocurrencies (LTC, BCH, ETH) directly through their PayPal digital wallet.
Sequoia Software Firm to Pay Employees in Bitcoin
United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.
