A classic rebound comes as Coronavirus uncertainty continues and data reveals key insights into Bitcoin support and resistance levels.
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?
Bitcoin looks ready to rebound off a critical support level and if this happens select altcoins like BNB, LUNA, MANA and SAND may also attract buyers.8706
Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety.18689
If Australia can embrace the crypto asset class, it could very realistically see an injection of new capital into its markets and the broader economy.5110
The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.13958
Bitcoin price action is just 20% from all-time highs, but the market has reentered "extreme fear" for the first time since $43,000.34647
Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform.4948
Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried?17161
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s.17053
Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.32187
- Bitcoin reverses ‘bear market’ at $53.5K as Pfizer gains on fresh panic over coronavirus ‘Nu’ variant
Bitcoin price action steadies after losing almost $6,000 on Nov. 26 as winners and losers from the coronavirus-‘Nu’-variant scare emerge.20097
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.11961
A strange sense of déjà vu pervades crypto markets as Black Friday delivers a rare buying opportunity right on cue.42999
Bitcoin price action sees its lowest levels since the second week of October after a hefty $5,000 red daily candle.30637
The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors.27835