Alessio Rastani, a cryptocurrency analyst and trader, shares his outlook on crypto, stocks and the forex market for the next weeks.
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?
Bitcoin price action could include a fresh trip to $20,500 but, beyond that, the overall trend remains firmly down for traders.16624
Cryptocurrencies spur financial inclusion, protect against inflation and enhance the global economy despite the recession.191
The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd.8641
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network.4821
Tune out the noise and focus on the signal. 5 important BTC price indicators are in multi-year “buy zones.”20447
Those who bought BTC between six and 18 months ago are losing out big, says the research, but now there is even more reason to buy their supply.6179
Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in.4904
The world’s largest holder of Bitcoin is looking for a software engineer to create cybersecurity solutions and enable e-commerce use cases on the Lightning Network.3228
Classic volatility accompanies the final hours of the month, with $20,000 representing the battleground between bulls and bears.3072
While mainstream media generally remains cautious against Bitcoin, current fiat debacles left outlets with no choice but to recognize BTC’s standout performance.3781
Recent weeks have caused fresh headaches for miners, who at one point were reducing their balances by more than 8,500 BTC per month.3733
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle.3461
BTC price levels as high as $20,500 could make an appearance on the day, but the outcome will be to the downside, fresh analysis concludes.15879
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers.2996