While its popularity has been on the rise in recent years, Bitcoin remains a subject about which the majority of people still have little knowledge. Uzmancoin.com, since 2017, has been striving to provide its readers with the fastest and most accurate Bitcoin news and content to guide them.
Bitcoin, which was introduced to the market in 2009, is considered by some as a currency, by others as digital gold, and by others as an investment or speculative asset after approximately 11 years. As a highly volatile asset, Bitcoin can serve different purposes for everyone and continues to become more widespread with each passing day.
The most important feature and value proposition of the cryptocurrency, launched in 2009 by the mysterious creator Satoshi Nakamoto, is its decentralized nature. This means that the leading cryptocurrency in terms of market value is not subject to any authority. Bitcoin derives its power from this characteristic. Its production is generally carried out today with specialized hardware known as ASICs, and the supply of Bitcoin is limited to 21 million. Bitcoin can be bought and sold through cryptocurrency exchanges or ATMs.
While its popularity has been on the rise in recent years, Bitcoin remains a subject about which the majority of people still have little knowledge. Uzmancoin.com, since 2017, has been striving to provide its readers with the fastest and most accurate Bitcoin news and content to guide them.
Bitcoin, which was introduced to the market in 2009, is considered by some as a currency, by others as digital gold, and by others as an investment or speculative asset after approximately 11 years. As a highly volatile asset, Bitcoin can serve different purposes for everyone and continues to become more widespread with each passing day.
The most important feature and value proposition of the cryptocurrency, launched in 2009 by the mysterious creator Satoshi Nakamoto, is its decentralized nature. This means that the leading cryptocurrency in terms of market value is not subject to any authority. Bitcoin derives its power from this characteristic. Its production is generally carried out today with specialized hardware known as ASICs, and the supply of Bitcoin is limited to 21 million. Bitcoin can be bought and sold through cryptocurrency exchanges or ATMs.
Mt. Gox, which has sent more than 40 thousand Bitcoins to various exchanges in the past weeks. Gox started Monday fast. The exchange made a trial transfer, which can be considered a harbinger of large transfers.
After US President Joe Biden formally withdrew from the November elections, the name Kamala Harris began to stand out as the biggest option for Democrats. Harris, who was publicly touted as the “President of the future” when she started her vice presidency in 2020, but was a great disappointment, Harris’ history on cryptocurrencies is in the grey area.
The trader, who has made a profit of $30 million since last year by buying at the bottom prices and selling at the top, made tens of millions of dollars of purchases in two days. This person, who bought $16 million in the morning hours yesterday, bought $14 million of new Bitcoin this morning.
While Donald Trump, who narrowly survived the assassination last weekend, continues his election work without a break, it was stated that a plan was made to collect a $15 million donation for his campaign at the Bitcoin Conference, where he will also make a speech next week. It was stated that Bitcoin Magazine CEO David Bailey met with Trump several times this year and finally promised him for such a donation.
While Bitcoin, which fell sharply in early July, has been moving upwards again in recent days, a whale, which is very successful in buying from the bottom and selling high, bought $16 million worth of Bitcoin this morning.
Bitcoin continued its rise as it rose above $66,000 as of Wednesday morning. Yesterday, Mt. Gox transfers, Bitcoin, which dropped to $62,500, was seen to move upwards again later, while a comment by CryptoQuant CEO Ki Young Ju drew attention. Young Ju, Mt. Gox stated that transfers or sales should not be exaggerated.
US presidential candidate Donald Trump did not change his programme after assassination attempt and announced that he will attend the Bitcoin 2024 event to be held in the coming days.
The failure of the assassination attempt on Donald Trump caused Bitcoin to rise over the weekend, while the largest cryptocurrency first exceeded $60,000 in the evening and reached $63,000 this morning. It is noteworthy that Bill Ackman and Elon Musk, the heavyweights of the US business world, said they would support Trump with their tweets many times yesterday.
1000 BTC came out of the wallet, where no transaction was made for 12 years. The current value of the assets, which was $12,000 at the time of purchase, is over $60 million.
Germany’s Bitcoin sales, seen as one of the reasons for the declines in Bitcoin, are now over. The assets in the wallet were exhausted as of yesterday.