$31.5K Bitcoin price on track for lowest weekly close of 2021
July 19, 2021
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Performance remains grimly sideways on the day of the largest GBTC unlocking 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 Cryptoripto, 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.
Recent
Recent
Historically low spot volumes and investor indecision weigh on Bitcoin price
July 18, 2021
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Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders.
Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
July 17, 2021
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Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem.
Here’s 2 ways clever pro traders spot crypto and stock price reversals
July 16, 2021
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Many successful traders look for double bottom and W bottom reversal patterns on technical charts in order to spot powerful price reversals.
Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
July 15, 2021
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Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2.
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
July 14, 2021
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The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump.
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
July 13, 2021
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This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls.
Crypto staking rewards and their unfair taxation in the US
July 12, 2021
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The U.S. Internal Revenue Service appears to be blinded by its own enthusiasm on crypto taxation, instead creating an excessive financial burden.
Options traders aim for $100K Bitcoin by the end of 2021, is there a chance?
July 11, 2021
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How realistic is it that a majority of Bitcoin investors are aiming for a $100,000 BTC price by the end of 2021?
Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
July 10, 2021
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Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term.