CryptoWendyO and Cheds weigh in on where Bitcoin's price could head next.
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?
Selling pressure from global equities markets continues to weigh on Bitcoin price as traders endeavor to flip the $50,000 level back to support.3198
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme.2227
A sharp spike in the 10-year U.S. Treasury yield and an extended Big Tech sell-off is weighing on cryptocurrency prices as investors flee risk-on assets.13093
As Bitcoin ETFs launch in Canada, an approval from U.S. authorities appears to be closer than ever before as naysayers start to run out of reasons to deny it.3716
The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days.18595
A reading of the historical data paints a promising picture for Bitcoin's potential growth in 2021.9459
Bitcoin is slumping as the DXY breaks out and the U.S. stock market tanks.19626
The software company added another $10 million in BTC to its war chest.7827
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings.3798
Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading.3857
Miners are making bank amid the price rally as manufacturers struggle to produce chips.3297
History repeating itself have the potential to spark a 2-4X BTC price run, data covering the GBTC premium suggests.27441
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project.5688
Goldman Sachs' Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks.21198