Bitcoin News

Bitcoin (BTC) is the very first and largest cryptocurrency by market capitalization that was allegedly invented by an unknown group of programmers called Satoshi Nakamoto in 2008. The cryptocurrency has been instrumental in making cryptocurrencies popular among masses with many influencers holding onto the coin in large numbers. The latest Bitcoin news has always seen debates and controversies surround the coin. While some support it in its entirety, some are skeptical about it. One major reason for the aversion is the price of Bitcoin which is subject to extreme volatility.

The interesting bit about Bitcoin is its limited supply which has been capped at 21 million coins. Bitcoin halving event is also one of the important developments in the crypto sphere as with each halving the rewards for mining of the coin becomes halved. This is an interesting strategy adopted by Bitcoin to decrease its supply in the crypto market and keep the demand on the boil. In December 2017, the coin reached its maximum value of around $20,000. However, it wasn’t able to keep up the momentum and lost much of its value subsequently. The market capitalization of the digital coin has surpassed $138 billion and thanks to its craze among people from all walks of life, Bitcoin continues to remain on top of the cryptocurrency ladder. Bitcoin is considered a valuable asset in the crypto market from an investment viewpoint, although the value of the digital coin, like other cryptocurrencies, is quite turbulent. The cryptocurrency works on the principle of blockchain technology which essentially means there is no centralized server to control transactions. Rather, the open ledger technology uses proof of work protocol and electronic signature to provide a safe and immutable transactional experience to users.

  • Bitcoin News

Should you buy Bitcoin ahead of the halving?

The highly awaited Bitcoin (BTC) halving event is a few weeks away, where the prize for adding new blocks to…

6 days ago
  • Bitcoin News

Manager of Hedge Fund foresees robust times for Bitcoin

As the CEO of Morgan Creek Capital Management, Mark Yusko foresees a further rise in the acceptance of Bitcoin in…

2 weeks ago
  • Bitcoin News

Latest crypto market updates including BTC’s pushing back of above $70K

In a captivating moment for the cryptocurrency industry, Bitcoin bounces over $70K. This week's list of frontrunners in the crypto…

2 weeks ago
  • Bitcoin News

BlackRock CEO extremely positive about Bitcoin

The CEO of BlackRock, Larry Fink, is seemingly extremely positive regarding where Bitcoin stands today and its future value. In…

2 weeks ago
  • Bitcoin News

Does the 2024 Bitcoin Halving Signal a Crypto Storm?

Since the debut of Bitcoin's new ETF, the cryptocurrency market has grown tremendously, with the cryptocurrency reaching an all-time high.…

4 weeks ago
  • Bitcoin News

BlackRock files SEC request to buy more Bitcoin ETFs for SIO Fund

BlackRock has filed for new registration with the SEC in order to acquire additional Bitcoin ETFs for its Strategic Income…

1 month ago
  • Bitcoin News

Bitcoin breaks the ceiling to reach the $64,279 mark

Bitcoin surpassed $64,279 due to the extraordinary demand for the largest cryptocurrency instrument ever issued by Bitcoin ETFs registered in…

1 month ago
  • Bitcoin News

Bitcoin poised for its highest monthly gain in three years

According to market experts, Bitcoin (BTC) is nearing the end of its most successful month since December 2020, which could…

1 month ago
  • Bitcoin News

MicroStrategy currently has 193,000 BTC after adding 3,000 BTC

MicroStrategy published Form 8-K, revealing that it recently added 3,000 more BTC tokens to its portfolio. The total number of…

2 months ago
  • Bitcoin News

HODL, Spot Bitcoin ETF by VanEck skyrockets over 1,000%

The value of the daily volume of HODL reportedly skyrocketed over 1,000% on Tuesday. This happened a day before VanEck…

2 months ago