Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions.
Bitcoin (BTC) Crypto News Today
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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Email scams requesting cryptocurrency have been gaining popularity among criminals around the world.
271BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.
408The head of the US commodities regulator, Rostin Behnam, has again argued that the agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors.
1680Over 83% of short-term Bitcoin traders saw losses after the BTC price recorded its deepest drawdown since 2022.
4250Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
1419Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction.
6552Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels.
4507Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town.
594Rex Shares’ new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin’s price volatility.
2812Bitcoin is exhibiting classic bottoming-out territory when viewed through the lens of unrealized losses, CryptoQuant says.
2626Bitcoin faces immense volatility as Mt. Gox repayments flood the market.
3852A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand.
3279The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC.
7006BTC price upside momentum is building, but liquidity is bunching at $60,000 in an attempt to keep the market from reclaiming lost ground.
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