Market Update
A limp monthly close ends with Bitcoin closing its weekend futures gap, but BTC price action continues to disappoint.
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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.
- Interview
Veteran trader Dan Tapiero said the most important thing for traders is to make rational judgments that aren’t impacted by people’s fears.
1588 - News
The United States’ debt ceiling is one step closer to being raised, but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin.
10697 - News
The bot is a ChatGPT model that’s so far only been trained on Satoshi Nakamoto’s public writings and a handful of Bitcoin-related source materials.
7117 - Price Analysis
Bitcoin and most major altcoins are struggling to hold on to their higher levels, indicating that the bears have not given up yet.
3106 - Market Analysis
Bitcoin is about to close its worst-performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May.
1090 - Opinion
Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more than regular Bitcoin.
17212 - Markets News
Long-term holder spending is “seeking equilibrium,” Glassnode suggests — but nothing will be quiet for long.
4315 - News
The Cuba Bitcoin community hosted the country’s first-ever Bitcoin-only meetup in Havana over the weekend, attended by over 60 crypto-curious Cubans.
1560 - Use Case
In-depth market analysis and implementing automated trading bots can help Bitcoin traders maximize profitability and minimize risk.
4473 - Market Update
BTC price performance looks limp on the last day of May, with the 200-week moving average rapidly coming into view.
5253 - News
Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.
9651 - News
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.
1841 - Markets News
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions.
6111 - Video
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead analyst James Check.
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