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Bitcoin News | Blockchain.News

BITCOIN

Bitcoin (BTC) is the world’s first open-source, peer-to-peer cryptocurrency developed by a pseudonymous person or group of people under the name of Satoshi Nakamoto in 2008. The identity of Satoshi Nakamoto remains a mystery. The crypto is run on distributed ledger technology, also known as blockchain. Bitcoin allows for lower transaction fees than traditional online payment systems, and is decentralized, unlike government-backed currencies. Bitcoin is the world’s largest cryptocurrency by market capitalization and has a limit of 21 million coins. The cryptocurrency uses a proof-of-work protocol to enable security, privacy, and legitimacy of monetary transactions. The issuance of Bitcoin requires mining, where programmers solve a difficult cryptographic puzzle to be able to mine Bitcoin, which earns them a reward. Bitcoin remains the most popular cryptocurrencies, all other cryptocurrencies are known as altcoins.

CME Group Sues CFTC Over Crypto Perpetual Futures Approval
bitcoin

CME Group Sues CFTC Over Crypto Perpetual Futures Approval

CME Group challenges CFTC's approval of Bitcoin perpetual futures, alleging violations of the Commodity Exchange Act.

Glassnode's Market Compass Debuts for Advanced Market Analysis
bitcoin

Glassnode's Market Compass Debuts for Advanced Market Analysis

Glassnode launches Market Compass, a new dashboard offering a consolidated view of crypto market signals, updated daily.

Glassnode Unveils Bitcoin Vector #60 Amid $65K BTC Price
bitcoin

Glassnode Unveils Bitcoin Vector #60 Amid $65K BTC Price

Glassnode launches Bitcoin Vector #60, a vector-based analysis tool for BTC traders, as the cryptocurrency trades at $65,337.

Michael Saylor Rejects Ethereum-Style Yield, Pushes Bitcoin Credit Model
bitcoin

Michael Saylor Rejects Ethereum-Style Yield, Pushes Bitcoin Credit Model

Michael Saylor dismisses staking-based yields like Ethereum's, advocating for Bitcoin-backed credit instruments as a more sustainable financial structure.

Standard Chartered Says Bitcoin (BTC) Bottom May Be In
bitcoin

Standard Chartered Says Bitcoin (BTC) Bottom May Be In

StanChart's Geoff Kendrick identifies three signals suggesting Bitcoin's cycle low is behind us, including ETF inflows and falling oil prices.

Bitcoin Stabilizes Near $67K as ETF Outflows Ease
bitcoin

Bitcoin Stabilizes Near $67K as ETF Outflows Ease

BTC rebounds to $67K after hitting $60K lows. Stabilization driven by easing ETF outflows and reduced market fear, but volume remains weak.

Strategy Buys 1,587 BTC for $100M, Lowers Average Cost Basis
bitcoin

Strategy Buys 1,587 BTC for $100M, Lowers Average Cost Basis

Michael Saylor’s Strategy acquired 1,587 BTC for $100M, funded through MSTR stock sales, bringing its total holdings to 846,842 BTC.

Bitcoin Nears $66K as Trump Announces Iran Peace Deal
bitcoin

Bitcoin Nears $66K as Trump Announces Iran Peace Deal

Bitcoin up 2% to $65,881 after Trump confirms an Iran peace deal. Geopolitical relief fuels 'risk-on' sentiment in crypto markets.

Bitcoin Mining Difficulty Drops 10% as Hashprice Hits $33
bitcoin

Bitcoin Mining Difficulty Drops 10% as Hashprice Hits $33

Bitcoin mining difficulty fell 10%, easing miner pressure. Hashprice rose to $33 as BTC trades at $65,881. Key trends reshaping mining economics.

Binance Celebrates Bitcoin Pizza Day Globally, BTC Hits $63K
bitcoin

Binance Celebrates Bitcoin Pizza Day Globally, BTC Hits $63K

Binance marked Bitcoin Pizza Day with global community events, as BTC surged 3.28% to $63,084. Here's why this day matters for traders and HODLers.

Bitcoin Regains $62K, Market Focus Turns to Glassnode Report
bitcoin

Bitcoin Regains $62K, Market Focus Turns to Glassnode Report

Bitcoin climbs 2.52% to $62,857 after recent volatility. Glassnode's 'The Bitcoin Vector #59' offers insights into current market trends.

Stablecoins, Tokenization Rank Higher Than Bitcoin Among Advisors: Bitwise
bitcoin

Stablecoins, Tokenization Rank Higher Than Bitcoin Among Advisors: Bitwise

Bitwise says financial advisors are prioritizing stablecoins and tokenization over Bitcoin, signaling a shift in crypto investment focus.

Bitcoin (BTC) Struggles Near $60K as Institutional Demand Erodes
bitcoin

Bitcoin (BTC) Struggles Near $60K as Institutional Demand Erodes

Bitcoin remains under pressure near $60K as institutional demand weakens, with over 95% of recent buyers underwater. Key support levels tested amid slowing treasury inflows.

Bitcoin L2 Botanix Shuts Down Amid Weak DeFi Adoption
bitcoin

Bitcoin L2 Botanix Shuts Down Amid Weak DeFi Adoption

Botanix, a Bitcoin scaling network, is closing operations by July 9, citing poor demand for Bitcoin-native DeFi. Withdraw assets now.

Chinese Man Gets 10+ Years for Stealing 107 BTC Using Memorized Key
bitcoin

Chinese Man Gets 10+ Years for Stealing 107 BTC Using Memorized Key

Qingdao court sentences man to 10 years for 107 BTC theft, affirming Bitcoin as property under Chinese criminal law despite a trading ban.

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