BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance.
Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Analysts claim "mega whales" will make it very difficult for BTC traders to flip $20,000 to support.848
Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level.2074
A lack of interest below the June macro lows could spell serious problems for Bitcoin, Glassnode warns.2904
The next Bitcoin rally will require fast and scalable systems, which the community has yet to build, says Galaxy Digital CEO Mike Novogratz.5575
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance.4146
The paper’s authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom, but crypto is a viable alternative.2954
Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.1326
BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives.11331
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain.8409
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market.3046
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight.5102
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.4444
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend.2203
BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after 10 years or more.5922