Bitcoin price has declined by over 50% since hitting its all-time high in mid-April. Notably, China’s crackdown on cryptocurrency mining...
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.
Bitcoin bulls suffered another blow yesterday. The price is under renewed pressure as Fed Chair Powell dedicated a good part...
Bitcoin price has recouped its losses from earlier in today’s session. At the time of writing, BTCUSD was up by...
Bitcoin price has eased on Sunday’s rally as investors’ focus shifts to the US inflation data scheduled for Tuesday. Analysts...
Bitcoin price is on a consolidation pattern ahead of the FOMC meeting minutes. After the Fed’s hawkish surprise in mid-June,...
The bullish Bitcoin price prediction that many HODLers are hoping for may not be too far off if data provided...
One of the major economic impacts of COVID-19 has been people at home receiving stimulus paychecks and then investing them...
Bitcoin price has entered the second half of the year with the same level of volatility that it exhibited in...
Bitcoin price action on the day has been choppy, with the doji candle showing the indecision that has gripped buyers...
In the news today, El Salvador announced it would give $30 in Bitcoin to all its adult citizens to promote...