The funding rate for Bitcoin perpetual futures has been reset after $370 million in contracts was liquidated. Is that a good sign?
Bitcoin News
Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Stay tuned.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
8329Crypto traders are struggling to hold Bitcoin price above $68,000, and altcoins are suffering as a result of BTC's weakness.
2942The complexity of crypto accounting and integration with traditional financial systems pose significant barriers to broader adoption.
2033Bitcoin price is down today as traders realize profits and futures liquidations surge.
1739Bitcoin big players seem ready to buy BTC at any price, while smaller market participants decrease exposure.
4673Worldcoin operates “lawfully in all of the locations in which it is available” and is designed to fully comply with related laws, the firm said.
1684The cost of building a home mining rig is significant, but there are ways that would-be crypto miners can economize their build.
2953CFTC-regulated prediction market Kalshi will allow users to place bets on when Bitcoin will hit $100,000 and whether it will reach $150,000 in 2024.
3883Bitcoin attempts to recover from significant weekend downside action, with old all-time highs back in place as the BTC price meets resistance.
9469London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash.
13032Bitcoin has historically dipped in the weeks before the halving and might repeat such a move within the next week.
17760Bitcoin recovered the $68,000 level, triggering buying in NEAR, APT, RNDR and MKR.
6739Bitcoin bulls remain confident despite BTC price hitting its lowest levels since March 6 in a brutal weekend sell-off.
33597John Deaton shared with his online following that he’s covered half of the campaign funds and asked if they could pitch in the rest via cash or crypto.
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