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 Needs to Create a Higher-Low at $31K for an Upward Trend, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin should create a higher low at $31k for an upward trend to be ignited as its consolidation continues.
Bitcoin Bulls Might Trigger a Short-Squeeze Based on the $3K Intraday Gain
Bitcoin's $3K intraday gain has created a great setup for a short-squeeze by the bulls.
6.2 Million Bitcoins are Being Held at a Loss, Representing 33% of BTC Supply
Ever since Bitcoin (BTC) nosedived from an all-time high (ATH) price of $64.8K recorded in mid-April, 6.2 million coins are being held at a loss, representing 33% of supply.
Bitcoin Fell Below $30K for the Second Time since mid-May, Low Institutional Demand Could Lead to Further Declines
Bitcoin fell below the $30,000 support level for the first time in four weeks. This time, due to the lack of institutional demand for Bitcoin and the large-scale sell-off of the safe-haven Bitcoin caused by the epidemic, the downward trend may be further exacerbated.
Bitcoin’s Sentiment on Twitter Remains Negative, Which Could Signal a Price Upswing
The consolidation period in the Bitcoin market continues making a negative sentiment on Twitter, and this trend could trigger an upward momentum, which could find many by surprise.
Crypto Miner BIT Mining Raises $50M through Private Placement to expand its Mining Business Abroad
A Shenzhen-based cryptocurrency miner, BIT Mining, announced it will raise $50 million through private placement to expand its mining business to overseas markets abroad.
Bitcoin Investors Owning Coins Aged Between Two and Five Years Hold Over 22.9% of BTC Supply
As Bitcoin continues consolidating between the $30K and $40K range, BTC investors holding coins aged between two and five years are still confident about their investment.
Bitcoin on Exchanges Experience a Sharp 50-Day Drop, Suggesting Diminishing Sell-Side Pressure
Bitcoin on crypto exchanges has plunged to a 50-day low, as acknowledged by on-chain metrics provider Santiment.
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.

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