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

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3 Reasons Why Bitcoin Price is On a Path to $15,000

Bitcoin price (BTCUSD) is up by 0.33% as investors remain optimistic about the digital currency. It is trading at $13,091, which is a few points below last week’s high of $13,363. Other digital currencies are also rising, with Ethereum, Tether, and Ripple trading at $406, $1.00, and $0.25. There are...

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Bitcoin Price Back Above $11k – Can It Hold?

Bitcoin price broke higher as it was rejected (once again) from the $10k level. The move higher came in the context of Square announcing a $50 million investment in Bitcoin, news that ignited more buying. The USD also traded with a weak tone for the entire previous trading week. It […]

Βitcoin price BTCUSD

Bitcoin Prices Tank As Traders Make a Run on BiTMEX

Bitcoin prices tanked on Friday after the CFTC announced that it was bringing charges against several owners and operators of trading exchange BitMEX. Spooked by the news, traders are now making a run on the exchange and have withdrawn a total of 32,200 bitcoin, worth over $330 million, according to […]

Bitcoin price

4 Reasons Why Bitcoin Price Has Just Had its Worst Month Since March

Bitcoin price (BTCUSD) is on track to decline for the first month since July this year. It is also experiencing its worst month since March this year, when it declined to below $4,000. In total, the currency has declined by more than 7% in September. Still, it has performed better...

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