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.
Investor Confidence Drives Bitcoin (BTC) to Surge Past $65,000
Bitcoin (BTC) sees a remarkable surge to $65,000 amid investor confidence and market dynamics influenced by Federal Reserve signals.
Bitcoin (BTC) Market Faces Period of Calm, Potential Volatility Ahead
Bitcoin market activity has cooled, with marginal profit and loss-taking. Historical trends suggest this calm period may precede increased volatility.
Bitfarms Expands U.S. Operations with Control of Sharon, PA Data Center
Bitfarms Ltd. has assumed control of its first large-scale site in the U.S., increasing its American footprint from 20 MW to 140 MW.
BitMEX Launches New Monthly Bitcoin (BTC) Futures Contract XBTV24
BitMEX has launched its new monthly Bitcoin (BTC) futures contract, XBTV24, which began trading on August 27, 2024.
Risk Appetite Returns to Bitcoin (BTC) Following Federal Reserve's Hints at Rate Cuts
Bitcoin (BTC) surged to $65,000 as risk appetite returned following Federal Reserve Chair Jerome Powell's comments on potential rate cuts.
Bitcoin (BTC) Inflows Surge to $543M as Powell Hints at Rate Cuts
Digital asset investment products saw $533M in inflows, driven by Bitcoin (BTC) and Ethereum (ETH) activity, following Powell's rate cut hints.
BitFuFu Scales Up Operations Despite Escalating Bitcoin (BTC) Mining Costs
Singapore-based BitFuFu intensifies Bitcoin (BTC) mining efforts despite rising operational costs, reflecting bullish industry outlook.
Bitfarms to Acquire Stronghold Digital Mining in $125 Million Deal
Bitfarms will acquire Stronghold Digital Mining in a stock-for-stock merger valued at $125 million, expanding its energy portfolio significantly.
Bitcoin Dominance Soars to 56%, Long-Term Holders Remain Resolute
Bitcoin’s market dominance reaches 56% as long-term holders continue to accumulate, despite recent market volatility. Short-term holders face significant losses.
Ethereum (ETH) Struggles as Outflows Increase, Lagging Behind Bitcoin (BTC)
Ethereum ETFs face significant outflows, contributing to ETH's underperformance compared to Bitcoin. Market trends and economic factors will play a crucial role in future dynamics.