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Bitcoin (BTC)

Does Historically Low Bitcoin Price Volatility Make It A Currency Yet?

The Bitcoin price has taken a battering over the past year. But at the same time, its volatility is at a historic low. Will BTC critics finally admit it’s a currency yet? Crypto markets are making a rebound in January, but there’s no certainty as to whether the bottom is in. Nearly all the major cryptocurrencies are up by double digits on the seven-day chart. The Bitcoin price has soared over 20% to breach the $20,000 level. Crypto Markets Explode to Start 2023: BTC Surges...

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Crypto Magnates Like Changpeng Zhao Saw Their Net Worth Crash in 2022

2022 was a year of loss, and many crypto billionaires – from Changpeng Zhao of Binance fame to the Winklevoss Twins who run the Gemini exchange – have lost a ton of money. So much in fact, that in just nine short months, many of them have seen their net worth virtually collapse – in some cases, to zero. Changpeng Zhao and Others Have Lost Tons of Money Changpeng Zhao, for instance, had a net worth of approximately $65 billion in March of last year. By the end of...

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L’Élégance de Bitcoin – Cinq raisons de contribuer au projet

S’il y a bien un livre prometteur cette année, si on en juge par la qualité de son premier chapitre disponible publiquement ici, c’est bien L’Élégance de Bitcoin de Ludovic Lars. Hélas la rédaction d’un tel ouvrage prend du temps et les fonds récoltés lors de la précédente levée ne permettront pas à son auteur de poursuivre sereinement leur travail. C’est pourquoi Ludovic Lars lance aujourd’hui une nouvelle campagne de...

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L’Entonnoir du bitcoin

L’Entonnoir du bitcoin est un Live stream Twitter à retrouver tous les dimanches à 18h00. On y parle exclusivement de Bitcoin et de son actualité. Où ? – Sur Twitter Quand ? – Dimanche 15 janvier 2023 à 18h00. Au programme : – de nouvelles vaults Bitcoin avec OP_VAULT ?– des frais entrants dans Lightning ?– Nouvelles en tout genre. ...

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Bitcoin Dominance at 2-Month High as BTC Stands Firm Above $20K: Weekend Watch

Bitcoin’s dominance has recovered more than 2% in the past week or so and tapped a multi-month high as the asset maintains above $20,000. This comes even though the altcoins experienced notable gains yesterday, but many have retraced hard today. BTC Dominance Above 41% Ever since bitcoin finally broke above $17,000 at the start of this week, the landscape around the asset has seemed significantly more bullish than it was at the end of 2022. The past few days saw gains that...

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What Will Happen to Bitcoin Over the Next 8 Years? Michael Saylor Chips In

Michael Saylor, the co-founder and executive chairman of American business intelligence firm MicroStrategy, has shared what he thinks will happen to bitcoin (BTC) in the next eight years while outlining how it will come into play. In a recent interview with Cory Klippsten, the founder and CEO of Swan Bitcoin, Saylor noted that he sees bitcoin becoming a global store of value by 2031. Institutional Adoption According to him, institutional adoption is one of the first drivers...

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El Salvador’s Alejandra Guajardo Walks Miss Universe Stage in Glowing Bitcoin Suit

The Miss Universe 2023 contest had various show-stopper moments during its National Costume Competition today.  But for the cryptocurrency sector, it came when El Salvador’s Alejandra Guajardo sashayed the stage in a Bitcoin suit.  Alejandra Guajardo. Source: RedditBTC on Miss Universe Stage  The 27-year-old actress and model showcased the evolution of her country’s currency through a dress she wore at the Miss Universe contest. She came on stage in a golden bitcoin outfit,...

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The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

The scale of the financial damage to crypto investors last year was colossal. Not just from FTX International going under but also the rest of them: Three Arrow Capital, Celsius, Genesis, Gemini, Voyager Digital, and BlockFi. The Bitcoin price still hasn’t recovered from the ongoing streak of crypto bankruptcies, although it deleted some of the losses from the FTX fiasco. Over crypto exchanges, BTC kept taking steep discounts all year. Every new bankruptcy headline plunged...

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Bitcoin Mining 2022 Review: A Tough Year for Public Miners

The mining data site Hashrate Index has released a report reflecting on the state of the Bitcoin mining industry throughout 2022.  The analysis examines the steep decline in mining profitability in 2022 compared to 2021 amid plummeting Bitcoin prices and a rising hash rate.  The Hardest Hitting Bear Market Per the report published on Wednesday, Bitcoin’s hashprice reached an all-time low of $55.94/PH/day in November of last year. Hashprice is a dollar-denominated measure of...

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Staying Vigilant in 2023: 91% of Cryptocurrencies From 2014 Are Dead

Two weeks into the year, and crypto markets are rebounding. The Bitcoin and Ether price are each up some 20% on the seven-day chart. But a recent study of altcoins aims to give crypto investors pause before they go trading the rally. When the market makes a move like this, crypto traders often shuffle. They make trades to scoop profits, make hedges, or take long positions in the coin they think will gain the most next. This can result in an increase in volatility in crypto...

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