Bitcoin price has dropped by close to 13% over the past week. According to JPMorgan Chase & Co., the selling...
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.
MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin....
After failing above $40,000 yet again, the Bitcoin price has been sold for five days straight. Here’s why this could...
There is a huge battle going on for crypto dominance and Bitcoin has one distinct disadvantage over Ethereum; it is...
Bitcoin price is on a consolidation pattern after its decline in the previous session. On Wednesday, the crypto plunged by...
Bitcoin (BTC/USD) once more failed to break past the $40,000 price mark, despite MicroStrategy’s plan to sell $1billion worth of...
Bitcoin price is reacting to the recent survey by Bank of America, where most of the fund managers referred to...
Tesla CEO Elon Musk has tweeted that Tesla would accept Bitcoin payments once more if the miners adopt 50% renewable...
The Bitcoin price was given a welcome boost by the news that Tesla has sold just 10% of its holdings....
Bitcoin is trading higher as investors digest the US inflation data released on Thursday. According to the US Department of...