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.
Glassnode Introduces Bitcoin Sharpe Signal Short for High-Confidence Shorting Opportunities
Glassnode's new Bitcoin Sharpe Signal Short offers a data-driven approach to identify high-confidence shorting opportunities and improve risk-adjusted returns.
Bitcoin (BTC) Faces Demand Decline as Long-Term Holders Influence Market Dynamics
Bitcoin struggles to reclaim its recent ATH. Analysis on Long and Short-Term investors reveals insights on market dynamics.
BitMEX Launches XBTQ24 Bitcoin Futures Contract with 100x Leverage
BitMEX has introduced its new monthly Bitcoin futures contract, XBTQ24, offering up to 100x leverage, now available for trading.
ETF Outflows and Market Pressures: Is a Bottom for Bitcoin (BTC) Near?
Examining the recent ETF outflows and various market pressures impacting Bitcoin (BTC) and the broader crypto market, with insights from Bitfinex Alpha.
Digital Asset Fund Flows Report Reveals Significant Outflows Amid Market Correction
CoinShares reports $584m outflows in digital asset investment products, with Bitcoin leading the decline. Multi-asset products saw inflows.
Nostr Fuels the Growth of Decentralized Bitcoin (BTC) Apps
Nostr's decentralized protocol is driving a new wave of censorship-resistant Bitcoin (BTC) applications, enhancing privacy, security, and user autonomy.
BitMEX to Transfer Bitcoin Insurance Fund to New Addresses
BitMEX announces the transfer of its Bitcoin Insurance Fund to new addresses, ensuring transparency and security for its users.
Bitcoin (BTC) Profitability Robust Despite Declining Market Volumes
Bitcoin investors maintain strong profitability despite declining volumes and a range-bound market, indicating an equilibrium between demand and sell-side forces.
CleanSpark (CLSK) Acquires Five Bitcoin Mining Facilities in Georgia, Expanding Capacity by 60 MW
CleanSpark Inc. announces the acquisition of five new Bitcoin mining facilities in Georgia, adding 60 MW of infrastructure and boosting its operating hashrate.
Bitfinex: Bitcoin (BTC) Faces Selling Pressure from Whales, Long-Term Holders, and Miners
Bitcoin faces selling pressure as whales, long-term holders, and miners offload assets, influencing market trends, according to Bitfinex Alpha.
CoinShares: Hawkish FOMC Meeting Triggers $600M Outflows in Digital Asset Funds
Digital asset investment products saw $600 million in outflows, primarily in Bitcoin, following a hawkish FOMC meeting, according to CoinShares.
Bitcoin (BTC) Layer 2 Revolution: The Role of Ordinals in Sparking Innovation
Ordinals have ignited a surge of innovation in Bitcoin’s Layer 2 ecosystem.
OKX Adjusts Minimum Trade Amounts for Spot Trading Pairs
OKX announces adjustments to the minimum trade amounts for specific spot trading pairs to enhance market liquidity.
Bitcoin (BTC) Network Faces Divergence Between Activity Metrics and ETF Demand
Bitcoin network sees declining active addresses but surging transaction counts amidst ETF inflows.
Bitfinex: Bitcoin (BTC) Community Adapts with Decentralized Privacy Solutions Amid Regulatory Scrutiny
Bitcoin (BTC) users shift towards decentralized privacy solutions following regulatory challenges.