Bitcoin ETF outflows, geopolitical turmoil, and higher interest rates are putting downside pressure on BTC price.
Bitcoin (BTC) Crypto News Live
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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GBTC, the biggest spot Bitcoin ETF, has “halved” since the trading launch in January, but rivals like BlackRock’s IBIT have added more than 10,000%.
1190A classic tug-of-war between Bitcoin buyers and sellers is shaping up on order books, with a BTC price relief bounce sorely needed.
1042Need 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.
1318The market for Bitcoin L2s could meet and exceed Ethereum L2s with continued development, according to Stacks’ product lead.
695Pavel Durov, founder of Telegram Messenger, believes that governments’ decreasing tolerance toward privacy will force innovations around secure communication hardware devices.
1559Crypto traders are pointing to Bitcoin’s Bollinger Bands being “released slowly” as an indicator that its price could see some downward movement in the short-term.
1841In the month after past Bitcoin halvings, its price saw little movement — but in the next year, it saw significant gains, says Bitwise Asset Management.
5021As the U.S. dollar strengthens, Bitcoin’s price has declined leading up to its April 20 halving and the Fed’s expected rate cut pause in May.
6508Blockware Solutions analyst Mitchell Askew says fears around post-halving Bitcoin mining profitability are baseless as crypto miner stock prices have tumbled.
4337Over 2,000 United States ETFs see no inflows on any given day — something that’s “very normal,” says ETF analyst James Seyffart.
4639Yat Siu spoke on the panel "Bitcoin's Revenge: Is Web3 Making a Comeback?" at WebSummit Rio in Brazil.
5354Bitcoin price slipped below $62,000 as capital flows into the spot Bitcoin ETFs continue to taper off.
3433Iraq is looking to reduce both pollution and its dependence on fossil fuels.
1372Demis Hassabis previously compared crypto and AI, saying both had a problem with hype and scams.
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