Βitcoin – BTCUSD had a nasty weekend, and the downtrend continues today as BTCUSD gives up 3.11% at 6,693 making...
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.
Cryptocurrency prices have plummeted in the past few months as concerns about inflation, Federal Reserve, and stablecoins rise. As a...
Binance Coin continues to retain significant buying interest, which is currently pushing the uptrend. This was recently reinforced by comments...
Binance Coin, one of the high flyers of the February 2021 surge in cryptocurrencies, is also experiencing a steep correction,...
Βitcoin BTCUSD trades below the 10,000 mark for third day in a row giving up 0.71 percent to 9,459. Bitcoin...
Βitcoin (BTCUSD) continues north for third consecutive day adding 0.90 percent at 10,749. Bitcoin capitalization stands above 190 billion while...
Bitcoin – BTCUSD consolidation phase around 8600 continues after BTCUSD rejected at 9000 during the weekend. For now bitcoin has...
Βitcoin – BTCUSD broke yesterday the $7,000 critical support that was the first target for bears as we mentioned in...
Bitcoin – BTC is under selling pressure as the bears looking for a break below the $7,000 mark. BTCUSD failed...
Bitcoin – BTCUSD price after the two day correction resumed the positive momentum and managed to hit the $9,000 mark...