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.
MicroStrategy CEO Hodls 17,732 Bitcoins at an Average Price of $9,882 per BTC
MicroStrategy CEO Michael Saylor says he holds 17,732 bitcoin with an average cost of $9,882
Bitcoin is the Greatest Investment Ever Found, says Raoul Pal, as BTC Price Nears Highest Ever Monthly Close
Bitcoin gained around $1,500 in a week, prompting mixed projections on the cryptocurrency’s future by many analysts.
MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days
Bitcoin's price is currently around $13.8K. Since Aug. 11, with Microstrategy's purchase of Bitcoin, the company has earned $2.7k per BTC for a total of $103 million.
Grayscale Survey: 55% of US Investors Like Bitcoin in 2020
Grayscale Investments has released a report dubbed Bitcoin Investor Study 2020 showing that 55% of US investors are keeping a watchful eye on purchasing Bitcoin in 2020.
Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales
Bitcoin whales have been depositing their digital asset funds into exchanges recently, potentially signifying an intent to sell, according to CryptoQuant.
Bitcoin Millionaires at an All-Time High as Analysts Warn of a Pullback Before BTC Moves Higher
Bitcoin’s price has remained stable overnight, currently trading at the $13,000 level. However, other cryptos have not been able to hold their strength.
$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History
On-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.
Bitcoin Becomes the “Ultimate Safe Haven” as BTC Fights Off Stock Correlation, says Anthony Pompliano
Anthony Pompliano said that Bitcoin could not be more correlated to the stock market than it is now while citing Santiment’s tweet.
What Happens if Bitcoin’s Price Surpasses $14,000? BTC Breaks Correlation with the S&P 500
Bitcoin has continued to surge after breaking through its resistance level at $12,000 last week following a series of institutional bullish Bitcoin news.
Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering
Why is Bitcoin worth anything? Am I too late to buy Bitcoin? It’s too expensive, do I need to buy a whole Bitcoin? 3 questions that hound crypto journalists at parties.
