Seventeen years after its publication, the Bitcoin white paper is still widely viewed as a novel technical achievement or the starting point for a new digital asset class. This narrow interpretation misses its deeper message. The white paper identified structural weaknesses in global payments and settlement that continue to affect consumers, businesses, and financial institutions
Cryptocurrency analyst Joao Wedson, in his latest assessment of Bitcoin’s (BTC) price movements, suggested that statistical indicators suggest a new all-time high (ATH) is very close. Wedson noted that Alphractal’s metric, known as the “Max Intersect SMA Model,” still indicates that the peak has not occurred. “The last time I mentioned this model, BTC rose
Buyers are more powerful than sellers on the last day of the month, according to CoinStats. BTC/USD Bitcoin (BTC) is one of the biggest gainers today, rising by 2%. On the hourly chart, the rate of BTC has broken the local resistance of $110,463. If buyers can hold the initiative and the daily bar closes
Bitcoin is down 5.51% this month, which is on track to be the first red October in seven years. Summary Bitcoin price is on track to break its seven-year streak of “Uptober” gains Experts cite macro uncertainty and recent ETF outflows Bitcoin’s October streak is broken. After seven straight years of gains, the world’s top
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$109,021.24 slid to support, snapped back into resistance, and then settled into a tighter range as activity rose around key levels. Technical analysis highlights Path and range: Trading spanned about $4,296, with price probing a $106,391 low and later testing $110,700 before easing. Sell wave: The
Key Takeaways Square is offering a $50 Bitcoin incentive to the first 20,000 merchants who participate in Bitcoin conversions. The incentive aims to boost Bitcoin adoption among small businesses and accelerate BTC acceptance. Square today began offering a $50 Bitcoin incentive to the first 20,000 merchants who enable the “Bitcoin Conversions” feature on its platform.
Peter Schiff, the longtime Bitcoin critic and gold advocate, has once again thrown his regular jab at the Bitcoin ecosystem, particularly targeting the largest Bitcoin treasury firm, Strategy (formerly MicroStrategy). On Friday, October 31, Schiff published a post discrediting Saylor’s Strategy earnings report, claiming that it is not as genuine as it presents itself. In
Recent consolidatory price trends have pushed Bitcoin to a critical price level, and its reaction from here will determine its short-term direction. If things close as they currently stand, Bitcoin would record its first red October in seven years. The premier asset is down 3.7% this October, and yesterday’s price fluctuation reflects the predominant uncertainty
Bitcoin treasury firm Strategy has released its third-quarter results, with the company returning to profitability in the quarter. MSTR stock rose higher as Strategy posted better-than-expected financial results, which caught the attention of long-time Bitcoin critic and gold bug Peter Schiff. In a recent tweet, Schiff pointed out that MSTR is up 6.7% because the
Key Takeaways Bitcoin is currently retesting the critical $109,000 cost-basis band, a historical turning point for the asset’s price. This retest is happening amid mid-cycle consolidation, supported by strong macro liquidity and demand from ETFs. Bitcoin is retesting a critical 0.85 cost-basis band around $109,000 that has historically served as a key turning point for