Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event.
Bitcoin News
Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
Stay tuned.
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The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.
2294ALCX and SLP are flashing bottoming signals while BTC is steadily climbing toward $60,000.
3440The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.
1567Open Interest surged to $3.22 billion on. Oct. 14 to levels not seen since February.
3253“The Market Report” with Cointelegraph is live right now with special guest Mati Greenspan, founder and CEO of Quantum Economics.
4815The investment firm withdrew its application for a physically-backed Bitcoin ETF in 2020 but has already received approval for a fund offering investors exposure to companies in the blockchain and crypto industry.
1223The DOGE may have had its day, and social media is busy poking fun at Bitcoin skeptic Mark Cuban.
6204Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining.
4163Tesla’s Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February.
12763The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
4109The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies.
1711Bitcoin has never managed a weekly close above $60,000, and failing to do so again risks a reversal downhill, a new warning says.
8312“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said billionaire Barry Sternlicht.
13854The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin.
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