Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
Bitcoin (BTC) Crypto News Today
Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Stay tuned.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
652Some traders say Germany’s Bitcoin selling is behind this week’s drop, but a negative reaction to concerning macroeconomic data is the likely culprit.
1942Bitcoin’s tumultuous week continues as data points to further downside in BTC price.
2276“Yes, illegal activity took place there, but come on,” the presidential hopeful wrote as he denounced Ulbricht’s draconian sentence.
2377Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level.
1702Empowering both businesses and individuals, this platform is paving the way for a unified global payment system through crypto.
10509Bitcoin’s short-term holder cost basis is crossed in a rare show of weakness as BTC price action fails to find support.
3058While this application process is intended to improve compliance, VASPs are directed to complete it no later than 30 days from the circular date.
959Bitcoin price is down today, its lowest in over a month, due to outflows from BTC ETFs and a decline in market dominance as altcoins gained ground.
1601A Standard Chartered representative told Cointelegraph that the firm has been working with regulators to support institutional clients’ demand for trading BTC and ETH.
1540Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume.
2216Level up your crypto trading game with margin trading steps to turn market ups and downs into your winning moves while navigating involved risks.
489Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.
1810It may seem like long ago, but Bitcoin spent months going nowhere in 2023 before a major BTC price breakout.
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