Category: Bitcoin

Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold

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Extreme leverage drove $500 million worth of BTC liquidations in one hour

The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes. Glassnode’s founders, Jan & Yann, emphasized the new record hourly Bitcoin for liquidations, noting that more than half open futures contracts prior to the margin calls were

Bitcoin bulls take a breather while BTC price slips below $55,000

Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above $61,000.  Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600 and at the time of writing, buyers have not stepped in to arrest

Bitcoin now the prize for this sailing event

Touted as a digital store of value with scarce supply, Bitcoin has seen its fair share of comparisons to gold over the years. Keeping up with that trend, a sailing competition called the Liberty Bitcoin Cup offers Bitcoin (BTC) as a competition prize instead of a gold trophy.   “The Liberty Bitcoin Cup is the prime

Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

Bitcoin (BTC) price has rallied 22.5% in March, but as the price moved up, some buyers began to use excessive leverage, according to derivatives data. Meanwhile, futures open interest reached a $22.5 billion record-high, causing investors to question how sustainable the current rally is. Being optimistic, especially during a bullish market, can’t be deemed worrisome.

Got Bitcoin? Oakland A’s Selling Full-Season Suites for One BTC

Professional baseball team Oakland Athletics is offering full-season suites for the 2021 regular season for one Bitcoin (BTC). In a statement, Oakland Athletics team president Dave Kaval says fans can use the leading cryptocurrency to purchase full-season suites that can accommodate up to six people, which include a private restroom and free Coliseum snacks. Says

Can Bitcoin whale deposits to exchanges actually predict BTC price?

Traders are increasingly checking on-chain data to “predict” both the short-term and long-term price trend of Bitcoin (BTC) using such platforms as CryptoQuant, Glassnode and WhaleAlert.  Particularly, data points such as Bitcoin exchange inflows, outflows, and stablecoin inflows are actively used by traders to anticipate where BTC may go next. 499 #BTC (29,979,163 USD) transferred