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 On-Chain Indicators Suggest BTC Price Rally is not Over
Bitcoin made a new milestone, rallying to $16,835 recently, reaching its highest point since Jan. 7, 2018. Analysts believe Bitcoin's rally will continue...
Bitcoin’s Price to Rally Like Tesla Shares, BTC Could Surge Beyond Past Fundamentals
A crypto analyst compared Tesla's stock rally to Bitcoin's. What are the similarities and what's next for BTC?
Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin
Fidelity Digital Assets, the US-based crypto arm of Fidelity, has taken it upon itself to debunk common misconceptions revolving around Bitcoin.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High
Santiment revealed that crypto wallets holding at least 10,000 BTC have reached a record high of 111 in 2020, indicating positive sentiment from Bitcoin whales.
What Can You Buy With Bitcoin?
Bitcoin's price has surpassed the $16,000 resistance for the first time since 2017, but as the crypto's value increases it begs the question—what can you buy with Bitcoin?
MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment
Bitcoin bulls make the case for why Apple will benefit from a Bitcoin investment and an integration of the digital asset on its platforms.
What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook
Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.
Former Australian Politician Converts to "Millennial’s Version of Gold" - Bitcoin
The former senator for South Australia, Cory Bernardi, has joined the Bitcoin bandwagon lately, seeing it as the millennial’s version of gold.
Billionaire Stan Druckenmiller Owns Less Bitcoin than Gold, but says BTC has Better Risk-Return Potential
“I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class,” said Stanley Druckenmiller during an interview with CNBC.
