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.
Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K
Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial if market bulls fail to turn it into support.
Is Bitcoin Finally Decoupling from S&P 500? BTC Soars While Stocks Plunge
Bitcoin has been displaying bullish behavior lately, gaining about 2% in the past week and bringing the crypto closer to a psychological threshold of $12,000.
Could Bitcoin’s Next Price Boost Come from $8.5T in Sovereign Wealth Funds?
A prominent on-chain analyst believes Bitcoin's next boost is likely to come from sovereign wealth funds which hold around $8.5 trillion AUM, being managed by nations.
Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours
Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.
Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin
Anthony "Pomp" Pompliano, the co-founder of Morgan Creek Digital and host of the Pomp podcast show, disclosed that 80% of his wealth was allocated to Bitcoin.
Bitcoin is Making its Way to $12K and Beyond as BTC Supply Expects Massive Shortage
In recent months, MicroStrategy, Square, Stone Ridge Asset Management have all invested in Bitcoin. Will Bitcoin see a massive supply shortage?
Will Bitcoin Skyrocket or Plunge? Young Traders Have Wrecked US Stock Market, Says Fund Manager
The president of Smead Capital Management addressed the topic of current trends of the US stock market in an interview with CNBC.
Is Bitcoin Currently Overvalued? JPMorgan Foresees Selling Pressure Ahead
JPMorgan strategists acknowledged Bitcoin's latest bullish momentum on the market but said that the asset may face "modest headwind" in the near future.
Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price
Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?
$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset
Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.
