Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Whale Accumulation: During the recent dip below $50,000, Bitcoin whales rapidly accumulated BTC, with transactions reaching their highest levels since early April. Significant Holdings: Long-term
TL;DR The most severe crypto market correction remains that of March 2020, with a 39.6% drop in a single day, reducing the market capitalization to $135.14
TL;DR Dramatic drop: In August, Bitcoin suffered its biggest setback due to a “correlation 1” event. Short-term capitulation: Bitcoin fell 32% from its all-time high, causing
TL;DR Election Impact on Bitcoin: Arthur Hayes stated that the 2024 U.S. presidential election will have minimal impact on Bitcoin’s future. He believes that the influence of
TL;DR Bitcoin’s recent drop since the April 2024 halving is comparable to the post-halving correction in 2016, just before the 2017 bull run. Following the 2016
TL;DR Kathleen Breitman, co-founder of Tezos, questions Bitcoin’s reliability as a store of value, calling it “internet pretend money.” Breitman attributes BTC’s drop below $50,000 to
TL;DR Fear & Greed Index Overview: The Fear & Greed Index, which gauges market sentiment, is currently at 17 (out of 100), signaling extreme fear in
TL;DR The percentage of Bitcoin holders in profit has dropped from 93% at the end of July to the current 75%, coinciding with Bitcoin’s price falling
TL;DR Market Outflows Amid Concerns: Last week, digital assets investment products saw a significant outflow of $528 million—the first weekly decline in four weeks. Investors reacted
TL;DR Bitcoin’s Dramatic Fall: A week ago, BTC reached a multi-week peak of $70,000, but within 168 hours, everything changed. Bitcoin lost momentum, dropping from $66,000
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
© Crypto Economy
