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.
Bitcoin (BTC) Reclaims Key Levels Amid Federal Reserve Rate Cut
Bitcoin has reclaimed the Short-Term Holder cost basis of ~$61.9k following a 0.5% interest rate cut by the Federal Reserve.
Bitcoin (BTC) Expected to Consolidate After Fed Rate Cut, Says Bitfinex
Bitcoin (BTC) surged over 22% following the Fed's rate cut but faces resistance at $65,200, according to Bitfinex Alpha.
Bitcoin's (BTC) 'Fossilization': What Lies Ahead?
Bitcoin's increasing resistance to changes sparks a heated debate within the crypto community. Supporters see it as a sign of maturity, while opponents fear stagnation.
BitMEX Launches XBTX24 Bitcoin Futures Contract
BitMEX introduces the XBTX24 Bitcoin futures contract, available for trading from September 24, 2024, with settlement on November 29, 2024.
Digital Asset Fund Flows Surge Amid FED Rate Cut
Digital asset inflows hit $321 million following a 50bp rate cut by the Federal Reserve, according to CoinShares.
Bitfarms and Riot Platforms Reach Settlement Agreement
Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors.
Bitcoin (BTC) Faces Consolidation Despite Recent Surge Post Fed Rate Cuts
Bitcoin (BTC) rallied over 22% after the Fed’s rate cut, reaching $64,200. However, analysts predict potential consolidation due to market dynamics.
The Ossification Debate: Balancing Stability and Innovation in Bitcoin (BTC)
Bitcoin ossification sparks debate: Is it a sign of maturity and stability or a hindrance to innovation? Explore the pros and cons of this contentious issue.
Bitcoin (BTC) Market Faces Stagnation Amid Low Capital Flows
The Bitcoin market is experiencing stagnation with minimal capital inflows and outflows, suggesting potential for future volatility, according to Glassnode Insights.
Bitcoin (BTC) Faces Potential Volatility as Interest Rate Cut Looms
Bitcoin (BTC) may see increased volatility with a potential 25 basis point rate cut by the Fed, according to Bitfinex Alpha.