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.”
OKX Introduces Simple Earn Fixed Product for Crypto Users
OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.
Glassnode: Bitcoin (BTC) Investors See Speculative Activity amid Mt. Gox Distribution Preparations
Bitcoin market sees speculative activity with Mt. Gox preparing for BTC distribution.
Bitcoin (BTC) Enters Accumulation Phase Amid Market Adjustments
Bitcoin (BTC) enters accumulation phase as market adjusts post-all-time high.
Binance Adds MXN to Binance Convert, Allowing Users to Trade MXN Against BTC and USDT
inance has announced the addition of MXN (Mexican Peso) to its Binance Convert feature. This new addition enables users to trade MXN against popular cryptocurrencies like BTC (Bitcoin) and USDT (Tether). Binance Convert allows for seamless and fee-less trading between different digital assets. This move further expands Binance's offerings and strengthens its presence in the Latin American market.
Bitcoin Miners Offload Holdings While Bullish Momentum Could Persist
Bitcoin miners liquidate holdings amid bullish market, balancing gains, halving cycle, and operational costs. Market resilience since February 2024, highlighting delicate balance between miners' selling strategies and ETF investments.
MicroStrategy Boosts Bitcoin Holdings to 205,000 BTC with Latest $821.7M Purchase
MicroStrategy has increased its Bitcoin holdings to 205,000 BTC, acquiring an additional 12,000 BTC for $821.7M using proceeds from its recent $800M convertible notes offering.
Binance Introduces BNB/JPY, BTC/JPY, and ETH/JPY Trading Pairs with Zero-Fee Promotion
Binance introduces BNB/JPY, BTC/JPY, and ETH/JPY trading pairs and launches a zero-fee promotion for all JPY spot trading pairs from March 12 to April 11, 2024, to enhance user experience and expand its offerings.
Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues
Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023
Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
MicroStrategy Acquires Additional 5,445 Bitcoins, Total Holdings Reach 158,245 BTC
MicroStrategy continues to invest heavily in Bitcoin, announcing the acquisition of an additional 5,445 BTC. The company now holds 158,245 Bitcoins, acquired for an aggregate sum of approximately $4.68 billion. The move comes amid a period of relative stability in Bitcoin prices.
Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million
Bitcoin's price dropped to $24,900 due to bearish sentiment and news, leading to over $160 million liquidation. However, a bullish RSI divergence boosted Bitcoin's rebound by over 3%.
Why Bitcoin May Crash Below $20,000 Soon
Historical data and technical analysis can help predict Bitcoin's future price. In September 2022, Bitcoin experienced a -3.09% decrease, the most significant since 2014. Amplitude analysis suggests a potential downward spiral to $20,867.67. Technical analysis highlights the importance of the $26,000 support level and the $25,000 support line. Investors should remain vigilant and use historical insights and technical analysis to navigate Bitcoin's capricious valuation.
Ripple XRP Joins The Giving Block's Initiative for Maui Wildfire Relief
The Giving Block has added Ripple's XRP to its list of supported cryptocurrencies for Maui residents affected by wildfires. The platform pledges a 1:1 match for the first $500,000 donated to the Maui response fund, including cryptocurrencies, stocks, DAF grants, and cards.
Binance Introduces New Dual Investment with BTC, ETH, BNB
Binance has introduced Dual Investment products, allowing users to "Sell High" or "Buy Low" on various cryptocurrencies, with a fixed Annual Percentage Rate (APR) despite market fluctuations, designed for reward accumulation or higher deposit currency selling.