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.
Bitcoin, which remained above $60,000 but struggled to stay above the $70,000 level, was wondering about the direction, while economist Henrik Zeberg said that the big move could start any day and said, “We had a big rise on May 20. I think this was just the beginning. I think there will be a big move by mid-June,” he said.
Today, as the Mt. Gox exchange, which moved more than 120,000 Bitcoins to another wallet, prepares for payments, former CEO and owner Mark Karpeles commented on the transfers. Gox exchange is preparing for payments, Mark Karpeles, former CEO and owner of the company, commented on these transfers. Karpeles said, “Payments will probably start. Therefore, transfers are being made. I don’t think there will be a sale in the short term.”
On January 10, the number of BTC held globally by Bitcoin ETFs, which overcame a major obstacle with the approval of the SEC, exceeded 1 million. US ETFs are by far at the top with 855 thousand units…
After postponing the deadline for payments to October 2024 last year, the Mt. Gox exchange transferred more than 100 thousand Bitcoins to an unknown address. As a result of the transfers, Bitcoin fell below $68 thousand.
WisdomTree, the asset management company that also offers a Bitcoin spot ETF product in the US, has received approval from the FCA for its Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) ETPs. The products, which are expected to be listed on the London Stock Exchange on May 28, will only be open to professional investors.
Recently, cryptocurrency markets have experienced great activity in the evening hours. Bitcoin exceeded the 70 thousand dollar level again after a long time. Serious increases were also observed in many cryptocurrencies, especially Ethereum. So, why are coins rising? Why are coins rising? In a critical
The sharp rises in Bitcoin and Ether since yesterday evening have devastated short traders. In the last 24 hours, a total of $325 million worth of positions were liquidated, of which $265 million belonged to short positions.
Cryptocurrency and digital asset funds received a net investment of $932 million last week. Bitcoin funds received $942 million, while Ether funds saw an outflow of $23 million due to low ETF approval expectations. Altcoin funds also received significant investments as in recent weeks.
While the world was talking about the death of the country’s president Ibrahim Reisi and foreign minister Hossein Amir Abdullahiyan in a helicopter crash in Iran yesterday, the night hours were active for gold, silver and Bitcoin. The yellow metal hit a record high, while silver continued to rise. Bitcoin, on the other hand, initially fell and then rose again.
Bloomberg’s ETF analyst Eric Balchunas commented on BlackRock having more than 400 Bitcoin spot ETF clients. “mind boggling, blows away record,” Balchunas said that even 20 customers are important in such new beginnings, and such a figure can be considered one of the rare cases in the industry.