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) Faces Deep Correction, Short-Term Holders in Loss
Bitcoin experiences a significant correction, trading below the 200DMA, impacting Short-Term Holders with unrealized losses, according to Glassnode Insights.
BitMEX Transfers Bitcoin Insurance Fund to New Wallet Addresses
BitMEX announces the transfer of its Bitcoin Insurance Fund to new wallet addresses, ensuring no impact on user activities or fund balances.
Riot Platforms Unveils Campaign Website Targeting Bitfarms Board Overhaul
Riot Platforms has launched a new website, www.ABetterBitfarms.com, as part of its efforts to reconstitute the Bitfarms Board of Directors.
Bitcoin (BTC) Nears Potential Local Bottom Amid Market Volatility, Reports Bitfinex Alpha
Bitfinex Alpha reports Bitcoin (BTC) nearing a local bottom amid market volatility, influenced by German government and Mt. Gox sales fears.
Bitfarms Appoints Ben Gagnon as New CEO to Drive Future Growth
Bitfarms Ltd. has appointed Ben Gagnon as the new CEO, effective immediately. Gagnon, previously Chief Mining Officer, aims to expand and diversify the company's operations.
Digital Asset Fund Flows Surge with $441M Inflows Amid Market Weakness
Digital asset investment products saw significant inflows totaling $441 million, driven by opportunistic buying amid recent price weakness, according to CoinShares.
Texas Bitcoin Mining Operations Undergo Intensive Due Diligence
CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.
Exploring the Digital Revolution: How Cryptocurrency is Transforming Finance
Learn about cryptocurrency, its impact on finance, and future trends in digital currency. Discover key cryptocurrencies and their roles.
Riot Platforms (RIOT) Reports June 2024 Bitcoin Production and Hash Rate Achievements
Riot Platforms (RIOT) exceeds Q2 2024 target with 22.0 EH/s hash rate, producing 255 BTC in June 2024. CEO highlights significant milestones.
Marathon Digital (MARA) Reports June 2024 Bitcoin Production Increase
Marathon Digital Holdings (MARA) released updates for June 2024, noting a 2% increase in operational hash rate and a total of 18,536 BTC in holdings.