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 Price Rally Will Peak Out Early in 2021, according to CNBC Report

As one institutional analyst told CNBC—the Bitcoin price could peak out early in 2021, providing another prime opportunity to buy the BTC price dip.

XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?

Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?

Bitcoin And Tesla: Which Has The Best Return in 2020?

we analyze Bitcoin and Tesla's price model in 2020

Bitcoin Price Reaches a New All-Time High on Christmas Day, BTC Whales Accumulate

Bitcoin has recorded a new all-time high on Christmas day, setting its new high at over $24,600.

Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off

Bitcoin’s dominance has reached a new high, and BTC’s dominance has not had much rejection so far.

Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand

Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.

Bitcoin’s Price Remains Stable Despite Crypto Market Crash, BTC Matures into a Less Volatile Asset

The world’s largest cryptocurrency has seen slight volatility, and has dropped back down below the $23,000 level, before gaining strength to trade at $23,172.

Bitcoin Is at a Critical Point on The Adoption Curve, Says On-Chain Analyst

Cole Garner, an on-chain analyst, has disclosed that BTC is at a critical inflection point in its adoption journey as institutional investors step in.

What to Expect of Cryptocurrency and Bitcoin Trends in 2021

With Bitcoin rising to new heights, the cryptocurrency’s sustained price rally on the markets may be indicative of what may be in store for it next year.

Bitcoin Has Added Over $300 Billion to Its Market Cap in 2020

The fourth quarter of 2020 has been crucial for Bitcoin and has shifted its narrative entirely.

email us: info@blockchain.news