Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht.
Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.
As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019.19465
Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months.7230
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth.7824
If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week.4386
The coronavirus outbreak may become the catalyst that will reveal the benefits of libertarian solutions and technology, such as cryptocurrency.7338
A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value.9879
A sideways week for Bitcoin will not come as a surprise but BTC is still poised for a big move soon as it hobbles inside a tightening range.38395
How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains.5036
Bitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800.26311
Bitcoin is not yet a go-to investment option in the public eye, but those days could be coming.9963
Check out this week’s Bad Crypto News.6445
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty.11128
The crypto space gained another mainstream performer recently as Coldplay's bass player has funded a Bitcoin app.7011
Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if another pullback occurs.23268