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.”
Whales are Depositing Bitcoin on Crypto Exchanges - What This Means
Ki Young Ju, the CEO of on-chain analytic firm CryptoQuant, has revealed that whales are depositing Bitcoin on exchanges.
Bitcoin Plummets to $46K after Tesla Refuses Bitcoin Payments
After Elon Musk's announcement Tesla will no longer be accepting Bitcoin payments due to its environmental footprint, Bitcoin dropped by nearly $10,000.
SEC Warns of Risks of Investing in Bitcoin Futures for Mutual Funds
The SEC issued an official statement to warn investors of the risks of Bitcoin futures investment in mutual funds.
Man Who Pays Hitman in Bitcoin to Kill His Wife Gets Traced Back to Coinbase Account
A Tennessee man allegedly used Bitcoin to pay a hitman he found on a murder-for-hire website to kill his wife.
Bitcoin May Continue to Face Headwind after Plunging to $53,500
Bitcoin plummeted to as low as $53.5K on May 11. However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin.
Bitcoin Struggles to Maintain Its Dominance
Bitcoin’s dominance has fallen to 44%, which is the lowest level BTC has gotten since 2018.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
Bitcoin Hits Two-Week High But Traders Are Not Convinced of The Hype
Despite Bitcoin rebounding above $58.4K, traders are not buying into the hype, according to on-chain metrics provider Santiment.