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 Investors Who Bought the 2017 Top are Not Selling, as BTC Holders Continue to Accumulate

After Bitcoin recorded a new all-time high, its price has dropped around $1,000 within a day, and has seen recovering on Jan 12.

Bitcoin Price Needs to Hold $31,500 to Avoid Deeper BTC Price Plunge says Tone Vays

Should BTC fall below the $31,500 level—crypto analyst Tone Vays believes we could see a deeper price plunge to the mid $20K range.

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.

Holding onto Bitcoin Long Term is the Way to Go, says Crypto Analyst

Crypto trader Michael van de Poppe believes that holding onto BTC long term is the way to go. Here's why.

The Crypto Market is Experiencing a Healthy Price Correction Needed Before Surging Higher, says Spartan Group Partner

According to a Spartan Group partner, the present correction in the crypto market is healthy because it will trigger an uptrend.

Anthony Pompliano Says Bitcoin Price Correction Indicates BTC has Moved from Weak to Strong Hands

Bitcoin's current price correction has been noted by Anthony Pompliano as an indication that BTC has been moving from weak hands to strong hands.

Billionaire Bond Manager Jeff Gundlach Says Bitcoin Looks Like A Bubble Waiting to Burst

Jeffrey Gundlach, bond fund manager, said in a recent interview with CNBC that Bitcoin is starting to look like a bubble after it surged above the $23,000 level.

Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip

Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.

Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?

The Bitcoin price suffered a massive correction falling from its recent high of $41,500 to an intraday low of $32,829, but what happened and where is BTC headed next?

Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020

Bitcoin billionaire Tyler Winklevoss again made the case for Bitcoin over the US dollar, alluding to the crypto’s scarcity and limitless federal money printing.

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