Bitcoin – BTCUSD

In this section, you will find important Bitcoin news, actionable trading ideas, and a live Bitcoin (BTCUSD) chart to help you understand the markets better.

Bitcoin (BTC) was the first cryptocurrency to turn mainstream. It is a peer-to-peer system that is controlled via blockchain technology. There is no bank or administrator controlling the digital currency. Bitcoin can be used to buy and trade on crypto exchanges, and is traded against the world’s major currencies such as the USD (BTCUSD). Bitcoins are stored in electronic wallets, which depend on private keys and cryptography. The private key is to manage your Bitcoin wallet while the public key is used to send and receive Bitcoin.

As Bitcoin transactions occur, records must be logged into the digital system called the Blockchain, but these logs are be done by sophisticated computer systems. Those who own these systems can allow their computer to log these records into the Blockchain and as a reward for their time and service, they receive Bitcoin.

There are a growing number of businesses and individuals using Bitcoin. This includes businesses like restaurants, hotels, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new currency, it is growing fast. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures.

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Bitcoin (BTC/USD) News

bitcoin price BTC

Bitcoin Price Outlook: Intraday Bearishness Expected, But Uptrend Intact

Bitcoin prices are presently struggling to retake the $60,000 psychological price level. However, the Bitcoin price outlook shows that the uptrend on the asset remains intact in the short-term and medium-term, and any dips could be accumulation opportunities.  This Friday, Bitcoin dominance has fallen slightly, despite heavy movements by whales […]

Binance

Binance Coin: Why Has It Fallen 25% in Two Days?

Binance Coin, one of the high flyers of the February 2021 surge in cryptocurrencies, is also experiencing a steep correction, as billions in market capitalization are wiped out from the ensuing correction. However, it has managed to claw back on some of the steep losses for the day, as seen […]