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.
The Russian state fund and the country’s largest cryptocurrency mining company will establish data centres in BRICS countries. While the statement was made at the BRICS Business World meeting held in Moscow, artificial intelligence projects will also be developed through these data centres.
The Bitcoin report published by the Central Bank of the European Union (ECB) claimed that Satoshi Nakamoto’s goal was not realised, while hitting the biggest crypto money from the ground. While the report states that Bitcoin’s rise should be prevented and even everyone should work for its destruction, the reaction to the article is raining.
While the cryptocurrency world is wondering whether new peaks will be seen in Bitcoin, positive comments came from Bitwise manager Matt Hougan. Hougan, who participated in a broadcast on Youtube, said that the price of $200,000 in Bitcoin in 2025 can also be seen, but even if this level is not reached, he expects to see a 6-figure price, ie at least $100,000.
While Bitcoin is pushing the $70,000 limit again, a whale with hundreds of BTC in its hands started sales after years. The account, which sold 500 BTC last month, sold 199 BTC this morning and made profit realisation.
The rise in Bitcoin also reflected positively on spot ETF products. While there was a net inflow of $458 million to Bitcoin spot ETFs on yesterday’s trading day, the total of the last 4 days exceeded $1.6 billion.
The Italian government’s idea to increase the capital gains tax on Bitcoin from 26% to 42% infuriated Paolo Ardoino, the Italian CEO of Tether. Ardoino said, “Italians, of course, have no right to fight inflation! Please breathe less,” he said.
Analysts at JPMorgan, one of the world’s largest investment banks, stated that they expect rises in Bitcoin and cryptocurrencies for 2025. In their latest reports, experts have put forward a total of 5 reasons for the rises in the coming period.
Marathon Digital, which is shown as the world’s largest Bitcoin mining company, showed some of its Bitcoins as collateral for a new loan purchase. The loan company accepted the collateral and approved a $200 million loan.
Tesla’s Bitcoin wallet moved for the first time in two years. All $760 million BTC in the wallet was moved to different addresses in numerous transactions. The transactions led to concerns that the electric vehicle giant would sell.
Blockstream, the company founded by Adam Back, one of the names in last week’s Satoshi documentary, received an investment of $210 million. The funds from the investment round led by Fulgur Ventures will be spent on more Bitcoin purchases, layer 2 technologies and mining activities.