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.
Bitfarms Reports June 2024 Bitcoin Production and Operational Advances
Bitfarms earned 189 BTC in June 2024, increased hashrate to 11.4 EH/s, and expanded operations in the U.S. and Paraguay.
CoinGecko: Comparing Bitcoin (BTC) & Ethereum (ETH) vs Magnificent Seven by Market Cap
Explore the market cap growth of Bitcoin and Ethereum against the 'Magnificent Seven' tech stocks from 2019 to 2024, highlighting key trends and performance.
CoinShares: Ethereum Faces Continued Outflows While Bitcoin Sentiment Shows Signs of Reversal
Digital asset investment products saw a third consecutive week of outflows, with Ethereum experiencing significant outflows and Bitcoin showing potential sentiment reversal.
Julian Assange Takes Plea Deal, Ends Prolonged Legal Battle
Julian Assange, WikiLeaks founder, resolves his legal saga with a plea deal, avoiding extradition to the U.S. and gaining immediate release.
Bitfarms Welcomes Fanny Philip to Board of Directors
Bitfarms appoints Fanny Philip, a blockchain and finance expert, to its Board of Directors, enhancing its leadership team.
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.
