Bitcoin Banks Coming to El Salvador? Cryptic Government Post Sparks Speculation
El Salvador’s National Bitcoin Office signals potential launch of first Bitcoin banks while the nation’s BTC reserves hit 6,263 coins valued at $730 million.
Bitcoin News
Stay up-to-date with the real-time Bitcoin (BTC) market news including trading updates, price forecasts, analytical insights, expert analyses and much more
Crypto VC Says Decentralized AI Will Have Its ‘2008 Moment’ Like Bitcoin
Three prominent crypto venture capitalists shared insights on decentralized AI’s future at Berkeley’s summit, with Electric Capital’s Avichal Garg comparing the current state to 2006, just before Bitcoin’s emergence following the 2008 financial crisis.
Public UK Oil Company Advances Gas-Powered Bitcoin Mining On-Site
Union Jack Oil announced plans to power Bitcoin mining with natural gas from its West Newton field, creating early cash flow before full development.
BTC
$116 733
Market Cap
$2.32 T
24h Volume
$29.94 B
24h Low/High
$115.98 K /
$117.04 K
1h
0.03%
24h
-0.09%
7d
2.45%
“Opportunistic Buying” as Bitcoin Enters Low-Liquidity Zone: Glassnode
By Parth Dubey
• 3 mins read
BTC struggles to regain momentum after slipping below $116K, now lingering in a low-liquidity zone.
Bitcoin Analyst Warns of Potential BTC Short Squeeze in Liquidity Hunt
By Vini Barbosa
• 3 mins read
Bitcoin rebounded from $112,000 following macroeconomic uncertainty, with technical analyst CrypNuevo identifying key liquidation clusters that could trigger a short squeeze toward $119,000.
SBI Holdings Files For Japan’s First Dual Bitcoin-XRP, Old-Crypto Mix ETFs
By Tristan Greene
• 2 mins read
SBI Holdings announced plans to launch Japan’s first crypto-asset ETFs and investment trusts, including innovative dual products mixing Bitcoin-XRP and gold-crypto allocations.
Robert Kiyosaki: Bitcoin Is Pure Genius Asset Design
By Godfrey Benjamin
• 2 mins read
Robert Kiyosaki seems to have become a strong supporter of the digital currency.
Michigan Pension Fund Triples Bitcoin ETF Holdings to 300,000 Shares as Institutional Adoption Accelerates
• 3 mins read
Michigan’s pension fund tripled its Bitcoin ETF holdings while lawmakers advance crypto-friendly legislation. Bitcoin faces technical challenges near $113K support levels.
BlackRock’s IBIT Dominates Bitcoin ETF Outflows at $292 Million
By Bhushan Akolkar
• 2 mins read
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $292 million in outflows on Aug. 4, the highest since May, amid broader selling pressure in Bitcoin.
Bitcoin Mining Difficulty Hits Record Highs Amid Major ETF Milestone
By Parth Dubey
• 3 mins read
Combined AUM of gold and Bitcoin ETFs has crossed $500 billion, with BTC mining difficulty hitting all-time highs.
Metaplanet Announces August Bitcoin Buy: Now Holds 17,595 BTC
By Parth Dubey
• 3 mins read
Metaplanet has acquired 463 Bitcoin for ¥8 billion (~$53.7M), pushing its total holdings to 17,595 BTC.
Can Eric Trump’s Buy Signal Lift Bitcoin Above $117K?
By Ibrahim Ajibade
• 3 mins read
Bitcoin price traded at $113,227 on Saturday, down just 0.06% intraday after a volatile 5-day pullback shaved off 5.78% from recent highs.
Bitcoin to Remain Overbought for the Next Few Months, Says PlanB
By Parth Dubey
• 3 mins read
Bitcoin’s current rally may be far from over, as Stock-to-Flow (S2F) model creator PlanB predicted extended overbought conditions.
Strategy Buys $740M in Bitcoin as Price Hits $122,000
By Godfrey Benjamin
• 3 mins read
Strategy added 6,220 Bitcoin for $740 million as price traded at new highs, and coincides with insider share sales from executives.
Profusa Secures $100 Million Equity Line to Launch Bitcoin Treasury Strategy, While Mercurity Finance Raised $200M
By Rose Nnamdi
• 2 mins read
Profusa has secured $100 million to create a Bitcoin treasury strategy, while Mercurity Finance successfully raised $200 million with Solana Ventures.
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.
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