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.


Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO
Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.
MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase
MicroStrategy has shored up its Bitcoin reserve, with an additional purchase of 5,050 units of the cryptocurrency, holding over 114K BTCs.
Cathie Wood’s Ark Investment Gets into Canadian Bitcoin ETFs As US SEC Delays Applications
Cathie Wood’s Ark Investment company has announced that it has invested into Canadian bitcoin ETFs. The firm’s move is likely influenced by delays and rejections of Bitcoin ETFs by the US SEC.
Coinbase Seeks to Raise $1.5B Senior Notes to Power its Product Development
Coinbase seeks to sell out $1.5 billion worth of Senior Notes to power its product development drive.
South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses
Financial Times reported the South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24.
Top Performing Cryptocurrencies to Watch This Week: BTC, ADA, SOL, XTZ, DOT, and ATOM
Besides Bitcoin, popular crypto analyst Michaël van de Poppe shares where he sees some of the biggest opportunities in altcoins this week.
Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July
After recording a 10% daily loss on September 8, BTC traders’ monthly returns slumped.
El Salvador’s Largest Bank Bancoagrícola Starts Offering Bitcoin Services to Customers
Bancoagrícola, the largest bank in El Salvador, has started allowing its customers and merchants to use Bitcoin for payments towards credit cards, loans, and merchant goods and services. The bank has partnered with digital payments gateway Flexa to enable such integration.
Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins
Western Union may lose business because of the rise of Bitcoin, as remittance costs are bound to be significantly lower through Bitcoin henceforth.
Microstrategy Stock Sees Insider Selloffs With Bitcoin's Latest Correction
Two top executives of MicroStrategy has offloaded part of their stock holdings, a move that may trigger scepticism related to the recent BTC price slump.

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