Bitcoin (78)

A token generation event (TGE) refers to a crypto project creating and releasing a digital token to eligible users. TGEs usually involve the release of a utility token for the crypto project or service in question rather than coins, which often represent a store of value. TGEs can therefore be a significant moment in a project's roadmap and catalyst for growth.

As we might be entering a 2024 crypto bull run , it's useful to understand the main indicators and tools to trade Bitcoin. Whether you're new to trading crypto or are something of a veteran, the idea of trading Bitcoin might have crossed your mind. After all, Bitcoin has stood the test of time by proving itself to be the digital gold of the crypto scene. It's also one of the original cryptocurrencies that's disrupting the world of traditional finance. Compared to stocks and commodities, which have been around for centuries, Bitcoin is a relatively new asset. This is why newcomers and experienced traders alike often ask how to trade Bitcoin.

Since Bitcoin's inception in 2008 with a white paper authored by Satoshi Nakamoto, the token has rapidly evolved into a global phenomenon, captivating the attention of financial institutions, governments, and the public.

From being a flight to quality to legalizing Bitcoin use in Argentina , Bitcoin is kicking up a storm in the crypto market and showing no signs of slowing down since its bottom in January 2023 after the FTX crash. With a spot Bitcoin exchange-traded fund (ETF) approval on the horizon, many believe that Bitcoin is en route to an all-time high as interest from traditional finance (TradFi) traders and institutions could propel BTC prices upwards.

Experienced crypto traders will be familiar with the concept of correlation — the relationship between cryptocurrencies and other assets. There's the commonly referenced BTC/ETH correlation , which can provide traders with a powerful tool for hedging, diversification, and potentially rewarding trading opportunities. Meanwhile, many traders consider the relationship between when building out a diversified trading strategy.

Did you know that many consider Bitcoin to have two birthdays? Some community members celebrate it on January 3, when the token officially launched, while others mark Bitcoin's birthday on October 31, which is also known as Bitcoin white paper day.

Among crypto's sea of acronyms, UTXO is one of the most significant. A fundamental component in Bitcoin transactions, UTXO — which stands for Unspent Transaction Output — helps to keep things running smoothly on the network. So, if you trade BTC, it's important to understand what UTXO is, how it works, and the benefits UTXO brings. We'll explain all in the following article.

With its limited supply, protocol-regulated rate of issuance, and generally rising popularity and demand, Bitcoin has — over the decade or so of its existence — managed to outperform typical assets by a large margin. However, this long-term price appreciation hasn't happened without sharp drops and several bearish phases along the way.

Since its 2009 launch, Bitcoin (BTC) has been one of the most disruptive financial innovations in recent history. With its decentralized structure and potential to offer a new alternative to traditional financial systems, it has drawn attention around the world.

In the volatile world of crypto trading, sentiment tools can often be handy for both short-term and long-term traders who are navigating the uncertainty. While not fool-proof, these tools are often considered influential when making crypto trading decisions. They can offer an immediate sense of how the majority of traders are positioned. One trusted example of such a sentiment tool is the ETH/BTC ratio.

Bitcoin has evolved from a tradeable store of value to now offer holders a variety of opportunities from the coins they hold. Staking is among them. Today, you can put your Bitcoin to work, make gains, and maintain the flexibility to use it across multiple blockchain networks.

The Bitcoin Improvement Proposal (BIP), introduced in 2011, allows the Bitcoin community to suggest, discuss, and implement changes to Bitcoin's protocol. Anyone can start a BIP by drafting a detailed proposal, which the community reviews. If the proposal is considered valuable, it's formally submitted for approval.

With spot Bitcoin ETF option volume levels reaching almost two billion dollars in notional value on its first day of being available, it's clear that options on BTC ETFs are gaining significant traction among sophisticated TradFi traders. While traditional Bitcoin options have been around for several years, the emergence of spot Bitcoin ETF options has brought a fresh perspective to the TradFi derivatives market.

When facing economic instability, where sentiments can change on a dime, finding a safe haven for wealth has become more important than ever. Traditionally, traders turn to assets like gold, government bonds, or the U.S. dollar to weather the storm and protect their financial security. However, with the rise of crypto and its adoption among institutions like , it ultimately begs the question: does the definition of safe haven assets need redefining with crypto in the picture?

Crypto's longest-standing mystery is surely the true identity of Satoshi Nakamoto — the pseudonymous creator of Bitcoin and the individual or group that set the modern crypto machine in motion. Many have set out to identify Nakamoto, while others have claimed to be the person behind crypto's pioneering asset. It's a mystery that remains to this day, fueled by speculation, legal wrangling, and the growing interest in crypto at large.

The ordinals protocol has helped to educate more people about the value of digital collectibles or, as the creator of the protocol Casey Rodarmor coined them, "digital artifacts". The protocol's arrival allowed for custom data to be inscribed on satoshis — the smallest unit of Bitcoin. And, given the significance of the Bitcoin network and its underlying technology, rare satoshis — aka rare sats — have emerged as popular collectibles marking significant events connected to Bitcoin.

The Bitcoin testnet is a testing environment for developers to explore Bitcoin's potential without using real funds. It replicates the mainnet's functionality within a controlled setting, enabling users to safely experiment with transactions, wallets, and new features.

Imagine this: you've held onto Bitcoin for a while, witnessing its impressive growth. Now, an unexpected expense pops up. While traditionally, you might sell some BTC to cover the cost, an alternative you may want to consider is crypto collateral loans. This allows you to enjoy the best of both worlds as you HODL your BTC while enjoying additional liquidity for expenses when you borrow against crypto holdings.

Singapore, January 23, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today published its ' 2024 Bitcoin Outlook ' report. The report forecasts a pivotal role for Bitcoin's Ordinals in 2024, based on the remarkable growth of OKX Wallet's total Ordinals trading volume in 2023, which exceeded USD1 billion across over 120,322 unique addresses for the year. 

A message from OKX Chief Commercial Officer Lennix Lai. Opinions are that of the author and do not reflect OKX's official view. Not financial advice. The halving is a significant event that underscores the technological strength and resiliency of Bitcoin. As a fundamental feature of Bitcoin's design, the halving mechanism means that the block reward will be cut in half, slowing the introduction of the remaining coins that can be mined and released into the market. The big picture is this: out of the maximum supply of 21 million, about 1.35 million bitcoin are left to be mined between now and the final halving in the year 2140.

The Runes protocol , a new fungible token standard for Bitcoin, arrived in 2024 with plenty of excitement and activity as users rushed to etch new tokens. Among them, Runecoin (RSIC•GENESIS•RUNE) has been a stand-out token built with the new protocol on Bitcoin's blockchain. In short, Runecoin makes and easier to use and more fun to experiment with, helping users to produce and manage digital assets.

How has a single document reshaped money and technology? Fifteen years ago, the Bitcoin white paper emerged as a modest proposal for a peer-to-peer electronic cash system. Today we reflect on the influential effect Bitcoin has had on multiple industries, recognizing not only its arrival but the ongoing economic transformation that's occurring as a result.

The Bitcoin blockchain underwent a major event in April 2024: the Bitcoin halving. Expected to take place roughly every four years, this mechanism was written into Bitcoin's code during its inception and aims to slow down the creation of new bitcoins and eventually reach a finite supply of 21 million BTC. Similar to huge network upgrades like the Ethereum Merge and , the halving is a highly anticipated event that can significantly impact Bitcoin miners and traders.

OKX sets industry standards over past year with new features and improvements including zero-knowledge and Merkle tree technology, plus increased asset coverage Industry recognition includes highest quality rating among major exchanges by expert