BITCOIN
What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet
A recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.
Cipher Mining's Strategic Expansion: 16,700 New Miners Ahead of Bitcoin Halving
Cipher Mining gears up for Bitcoin's 2024 halving with a strategic purchase of 16,700 new miners, eyeing increased market value and mining capacity.
ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support
ZetaChain and Curve Finance have partnered to introduce native Bitcoin support for cross-chain swaps and omnichain asset pools, enhancing asset management efficiency across blockchains.
BlackRock reschedules its $10 million Bitcoin investment to January 5, 2024
BlackRock, the world's largest asset manager, is rescheduling its $10 million investment in Bitcoin to January 5, 2024, as a major step towards launching the first spot Bitcoin ETF.
Schiff Warns Against Bitcoin ETF Hype as Hoskinson Reacts
Bitcoin critic Peter Schiff warns against Bitcoin ETFs due to limited utility and investment risks, causing Cardano's Charles Hoskinson to respond with humor, highlighting Schiff's early skepticism in 2024.
Michael Saylor: Selling MicroStrategy Shares to Boost Bitcoin Holdings
MicroStrategy's Michael Saylor is selling $216M in company shares to invest in Bitcoin, reflecting his confidence in the cryptocurrency's future and the company's ongoing commitment to it.
Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging
Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
Matrixport: Bitcoin to Hit $50,000 with Imminent Spot ETF Approval
Matrixport predicts Bitcoin price rise to $50,000 due to Bitcoin Spot ETF approval, institutional investment, and market changes. Long-term target $125,000 based on historical data and positive market dynamics.