Bitcoin’s recent 26% drop sent weak hands running for the hills, but derivatives data shows BTC’s setup is still bullish.
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 and most major altcoins are witnessing strong buying at lower levels, indicating the start of a relief rally.12369
Michael Saylor announced MicroStrategy's acquisition of another $15 million worth of Bitcoin as MicroStrategy continues to dollar-cost-average into BTC.8899
The USDT stablecoin issuer says it received a $23 million ransom demand payable by Monday. The deadline has since passed, and Tether isn't paying.10851
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals.6317
A return to $43,000 worries weak hands but works wonders for broader market health, data shows as Bitcoin bounces.34844
Bitcoin rebounded by over 8% overnight, and there are three key reasons behind the rally, in addition to macro factors.35839
Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending.8760
Mainstream adoption is within Bitcoin's grasp, according to Citi analysts.17930
The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust?36956
Bitcoin’s correction is accelerating, but a bounce off the 50-day moving average could give altcoins reason to rebound off lower support levels then move higher.39346
Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click.44890
Bitcoin is retesting a key support level at $44K-$45K for the third time in the past week.100415
The cryptocurrency trading market is in its early stages, with regulations playing a key role in market fragmentation.13451
Hate being liquidated? Here’s how traders use the Long Butterfly options strategy to generate profits with less downside risk.35955