BTC
The most well-known cryptocurrency, based on the proof-of-work blockchain. Bitcoin was created in 2009 by a mysterious creator, Satoshi Nakomoto, and its technology outlined by the white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Bitcoin Eyes for Bigger Move, says Market Analyst
Some market analysts believe Bitcoin aims at a bigger move as the volatility will soon go through the roof, saying another volatility is coming.
JPMorgan: El Salvador to Face multiple Obstacles on the way to Implement Bitcoin as Fiat Money
JPMorgan Chase, citing a report, stated that El Salvador’s designation of Bitcoin as legal tender would bring various obstacles to its country, questioning the robustness of the payment mechanism.
Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.
Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve
The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low
Statistics by on-chain metrics provider Santiment show that Bitcoin’s ratio of supply on crypto exchanges hit a six-month low.
Bitcoin Needs to be Consolidated at $35K Level, Analysts predict
Bitcoin was up by 1.78% in the last 24 hours to hit 35,215 during intraday trading. Is a breakout in the BTC market is imminent?
Russian Alexander Vinnik Remained To Jail Five Years For Money-laundering
The Paris Court remained upheld of five-year imprisonment for BTC-e operator Alexander Vinnik. Still, it exempted him from a fine of 100,000 euros to consider that Vinnik was unable to pay the fine.
Bitcoin Short Term Speculators Blamed for the Investor Group Realizing Most Losses
Bitcoin short term investors have been blamed for the primary culprits in the crash witnessed in the crypto market.
Bitcoin Mining Might Become More Easier and Lucrative Following China’s Crackdown
While Chinese authorities were intensifying the Bitcoin (BTC) mining crackdown, some crypto experts believe this might be a blessing in disguise to this sector.
Bitcoin Transaction Fees as a Percentage of Total Miner Revenues Hit Lowest Point Since June 2020
BTC transaction fees have plunged based on the ongoing Chinese crackdown on Bitcoin mining facilities.