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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.”

Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K
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Crypto Social Circles Welcome Bitcoin for Breaking the Psychological Price of $40K

Breaching the high resistance zone between $38K and $40K has hyped up the crypto community.

Bitcoin family Taihuttus Immigrates to Crypto Tax Haven Portugal
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Bitcoin family Taihuttus Immigrates to Crypto Tax Haven Portugal

According to CNBC’s February 6 report, “Bitcoin family” Taihuttus immigrated to crypto tax haven Portugal due to a 0% tax on cryptocurrencies.

Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
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Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year

Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.

El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide
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El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.

NYDIG Launches Bitcoin Savings Plan for Employees
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NYDIG Launches Bitcoin Savings Plan for Employees

NYDIG, a company specialising in providing Bitcoin investment and technology solutions, announced on Feb. 1 the launch of an employee bitcoin savings plan that allows employees to convert a portion of their salary into bitcoin.

Bitcoin Investors are "Buying the Dip" in Anticipation of a Bounce Back to $55K in Six Months, Morning Consult Study Shows
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Bitcoin Investors are "Buying the Dip" in Anticipation of a Bounce Back to $55K in Six Months, Morning Consult Study Shows

Bitcoin investors are still optimistic because they continue stacking with the expectation that the price will rebound to the $55,223 level in six months, according to a study by data intelligence company Morning Consult.

Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B
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Small Bitcoin Holders are Stacking amid Visa's Crypto-Linked Card Payments Hitting $2.5B

Given that holding is a favored strategy in the crypto space, accumulation by small Bitcoin (BTC) holders continues to gain steam.

El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin
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El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin

President Nayib Bukele has showcased his level of trust in the price of Bitcoin (BTC) soaring to new levels through a new tweet shared on Monday.

Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
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Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline

With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.

Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum
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Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum

The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone.

Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?
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Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?

Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments.

Bitcoin Needs to Hold $36K for Sustainable Upward Momentum
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Bitcoin Needs to Hold $36K for Sustainable Upward Momentum

BTC should go back to the $36K level before flipping it to support more upward momentum, analysts said.

The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender
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The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender

The International Monetary Fund (IMF) is concerned about the risks of El Salvador's issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible.

Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash
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Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash

The Crypto market is still suffering from ushered in a week of plummeting. Bitcoin was plunging to around $34,000 on last Friday while Ethereum also touched a low of 2,300 on the same day.

Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs
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Total Fees Paid on Bitcoin Network Hit Monthly Low, Hashrate Records Historic Highs

Bitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.