Echoes of June appear among miners, but the future could likewise produce a price rebound if history repeats itself.
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?
The debit card was made possible thanks to an alliance with a Spanish neobank3330
$450 million in Bitcoin futures are set to expire on Friday and data shows bullish pro traders are prepared to defend $13K.13070
Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish.12432
Bitcoin’s price saw a 4% drop in the last 24 hours, but it’s unlikely to see a correction like in previous cycles for three reasons.19446
The price of Bitcoin dipped below $13,000 on Wednesday, but despite the 7% drop in 11 hours, the market sentiment remains positive for three key reasons.17586
Briefly challenging $14,000 produced major volatility for BTC/USD, which subsequently retreated by over $500 in hours.16280
Hash rate has also tumbled on the Bitcoin network.11904
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600.12922
A record “organic” price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says.26841
A recent purchase of 10,000 Antminer S-19s has placed Marathon Patent Group on-track to become North America’s largest Bitcoin mining firm by Q3 2021.7447
A spike in Bitcoin transaction fees has seen the share of miners’ revenues represented by fees tag a two-year high.12485
The CEO of Mastercard believes Bitcoin is too volatile and opaque to drive financial inclusion, however, CBDCs are a different story.10111
Investing big money into Bitcoin 10 years ago came with immense uncertainty. Now, buying the asset carries less risk, according to the ex-hedge fund manager.7979
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors.3350