While the end of BTFP marks a significant moment for financial markets, its direct impact on Bitcoin’s price remains multifaceted and uncertain.
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.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
320MicroStrategy keeps aggressively buying Bitcoin while completing another $603.75 million offering of convertible notes.
1020The entire crypto market tumbled today as Bitcoin price dropped below $63,000 and large-cap altcoins sold off.
2473The American rapper Ghostface Killah, known for his role in the group Wu-Tang Clan, will launch new music as Bitcoin Ordinals and give holders Creative Commons Zero rights to the music.
1937Bitcoin mining company Bit Digital said that its venture into artificial intelligence had already produced $4 million of revenue in February 2024.
1643An unknown entity sold over 400 BTC in a short period of time on the BitMEX BTC/USDT spot market; BitMEX began investigating the situation internally.
8169Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels below $60,000.
8171Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool.
18382Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum.
11193Crypto market depth has almost fully recovered and is back to its pre-FTX average, reports crypto research firm Kaiko.
2755The funding rate for Bitcoin perpetual futures has been reset after $370 million in contracts was liquidated. Is that a good sign?
13995Crypto traders are struggling to hold Bitcoin price above $68,000, and altcoins are suffering as a result of BTC's weakness.
4698The complexity of crypto accounting and integration with traditional financial systems pose significant barriers to broader adoption.
12746Bitcoin price is down today as traders realize profits and futures liquidations surge.
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