Bitcoin
Bitcoin is the world's first cryptocurrency, created in 2008 by the mysterious genius called Satoshi Nakamoto. Bitcoin has a limited total supply and the strongest community. With its price going all the way up to where it is today, Bitcoin is more and more seen as modern society’s "digital gold".
The important airdrop in the Bitcoin NFT community - Ordinal Rune Stones, distributes over 112,000 runestones to wallets holding three or more non-text ordinal Bitcoins. These runestones represent significant moments in Bitcoin's history, containing a wealth of data and multimedia content. The airdrop and fair distribution mechanism of the runestones have changed the traditional NFT framework, attracting the digital art and crypto communities. Supported by the Bitcoin economy, this project signifies a shift in the NFT market and an increased interest in Bitcoin-based NFTs. The runestones pave the way for the future of the Bitcoin NFT ecosystem.
4/7/2024, 12:41:13 PM
This article analyzes the price cycles and pullbacks in Bitcoin's history, finding that after peaking during halving rewards, there were substantial long-term pullbacks. Currently, Bitcoin is in a new upward cycle, but the pullback is still uncertain. Investors should be prepared for regular pullbacks exceeding 10%. Bitcoin reached its peak in November 2017 and 2021, but the pullback exceeded 10%. The current cycle began in November 2022 and has experienced 5 major pullbacks exceeding 10%. Due to the outflow of ETF funds, Bitcoin fell by 5.8% this week. Important news includes BlackRock and Standard Chartered raising their year-end bitcoin forecasts, the SEC investigating crypto companies in Ethereum, and BlackRock launching its first tokenized fund on the Ethereum network. Upcoming events include the CME expiration on March 29th and the Bitcoin block reward halving on April 21st.
4/7/2024, 12:34:03 PM
As Bitcoin gradually approaches the next halving event, subtle changes in market structure and participant behavior reveal a complex trading landscape. This report delves into how the significant buying power of ETFs reshapes traditional expectations about the supply squeeze effect brought by halving, and the key role of Long-Term Holders (LTH) in the current market cycle. By comprehensively analyzing historical data, market trends, and investor behavior, this article provides valuable insights for traders, aiming to help them navigate the unique environment of the Bitcoin market and optimize their trading strategies. As the market moves toward the crucial halving point, understanding these dynamics becomes key to grasping the future market direction.
4/7/2024, 11:09:59 AM
Master Bitcoin's new inscription standard with this guide to essential websites. Learn everything you need to know about ORC-20.
4/7/2024, 5:33:09 AM
Get a deeper understanding of the building blocks of the Bitcoin network: nodes and miners. Explore their critical role in maintaining blockchain integrity, security, and decentralization, and how they work together through complex verification and mining processes. This article provides you with a comprehensive breakdown of how the Bitcoin network works.
4/3/2024, 6:05:05 PM
The Layer 2 scaling solutions on Bitcoin, enabling fast and low-cost payments. This article will guide you through an in-depth understanding of how it works, a comparison with Ethereum's rollups, and the current dynamics of the network. Discover top Lightning wallets and understand how the Lightning Network is shaping the future of Bitcoin.
4/3/2024, 5:54:09 PM
In the crypto space, Venture capital (VC) firms play a major role in funding startups and projects focused on cryptocurrency, blockchain technology, and related fields.
4/3/2024, 2:32:16 AM
The rise of BTC L2 is an undeniable narrative in the current cryptocurrency market. BTC L2 provides greater performance, programmability, and privacy capabilities than Bitcoin itself. This article introduces two main aspects: off-chain and enhanced capabilities, and, based on the underlying architecture's isomorphism, divides it into the UTXO camp and the EVM camp. It focuses on introducing the features, ecosystem development, and token economic model of the UTXO isomorphic BTC L2 project Nervos Network.
4/2/2024, 4:13:07 PM
Exploring the Cornerstones of the Cryptocurrency World: This guide provides a detailed overview of various key cryptocurrency indicators used by investors and traders. From market capitalization to fear and greed indices, learn how to analyze and interpret this data to establish a solid foundation for your cryptocurrency investment decisions.
4/2/2024, 3:33:49 PM
This article summarizes the signs of a new bull market in the cryptocurrency market, including Bitcoin and Ethereum poised to set new all-time highs, as well as trends in innovation and development in the market.
4/2/2024, 3:00:10 PM
Merlin Chain, a Bitcoin Layer 2 network, announces the launch of M-Token and initiates the release of M-BTC. This article will analyze what M-Token is, how to play it, and most importantly, the crucial question: what's the purpose? If you're interested in participating in Merlin's Layer 2 interaction, it's recommended to read this article as an introductory guide.
4/2/2024, 12:44:53 AM
In April 2024, Bitcoin will undergo another halving — its quadrennial event slashing miner rewards. A rally is widely anticipated, supported by the evolving market structure. This halving cycle is fundamentally different — our guide summarizes common price projections and drivers that make it unique.
4/1/2024, 5:40:25 AM
In the past three years, the Polyhedra team has gathered more than 20 PhDs and cryptography experts and made dozens of breakthroughs around ZK interoperability. The DeVirgo and Virgo they invented are currently one of the fastest ZKP protocols, providing ordinary users with the convenience of becoming a Prover without downloading large amounts of data. Using deVirgo, zkBridge’s proof generation speed can be increased by nearly 100 times.
3/31/2024, 10:42:50 AM
Bitcoin's Layer2 technology is a payment channel network based on Bitcoin, which can achieve fast, low-cost small payments while providing better privacy protection. Bitcoin's usage scenarios and value have been enhanced through the development of Layer2 solutions and decentralized financial ecology. Currently, hundreds of decentralized applications are built on the Bitcoin second-layer network, including Lightning Network, Liquid Network, RSK and Stacks, etc. Investors need to consider technical risks fully, user acceptance and education costs, and adopt risk management and strategic planning to ensure sustainability and long-term returns of their investments.
3/31/2024, 10:28:53 AM
The Bitcoin bull market introduces new narratives and record-high prices. Beyond ETFs and halvings, the Bitcoin ecosystem revolution is rapidly progressing. Technological advancements expand Bitcoin's application scenarios, like the Ordinals protocol and the Rare Sats market. UTXO is the fundamental unit of Bitcoin transactions, with each UTXO being indivisible. Digital Matter Theory proposes a framework for deriving non-arbitrary value from Bitcoin blocks. DMT presents a new digital asset framework, opening new frontiers for blockchain. Bits are the underlying elements of the Bitcoin ecosystem, driven by the innovation and evolution of Bitcoin native asset issuance.
3/30/2024, 7:26:28 AM