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BitcoinBites: 5 BTC stories you should know – December 29th, 2021

Dec 29, 2021
byNDAX Labs

Bitcoin falls below $50,000 continuing a choppy, down December

Bitcoin slid below $50,000, a level some analysts view as key for assessing the largest cryptocurrency’s outlook heading into 2022.  

The token fell as much as 4.5% on Tuesday and was trading at about $49,300 as of 8:40 a.m. in New York. Ether, the second-largest coin, and the Bloomberg Galaxy Crypto Index were also in the red, with each falling more than 3%. Smaller tokens such as Solana, Cardano, Polkadot and meme token Dogecoin also lost some ground Tuesday, according to tracker CoinGecko.

Read the full story on Live Mint

Bitcoin mining firm Marathon orders nearly $900 million worth of new machines

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining company based in Las Vegas, has ordered new machines worth $879.06 million.

The order was announced last week, but its purchase price has been disclosed on Tuesday. The order includes 78,000 units of Bitmain's Antminer S-19 XP mining machines, to be delivered through 2022.

The dispatch is divided into six batches, with 13,000 units to be delivered each month from July to December 2022.

Read the full story on The Block

Elon Musk reveals who Bitcoin’s mysterious creator Satoshi Nakamoto might be

Elon Musk seems to agree with many that hyper-secretive cryptocurrency expert Nick Szabo might be Satoshi Nakamoto, the mysterious creator of digital currency bitcoin.

"You can look at the evolution of ideas before the launch of bitcoin and see who wrote about those ideas," Musk told artificial-intelligence researcher Lex Fridman in a podcast published Tuesday, when asked what he thinks about Nakamoto's real identity.

Read more on Markets Insider

100 million tweets on Bitcoin in 2021

Analytics firm Visibrain counted about 101 million tweets throughout the year about Bitcoin, a 350% increase over 2020.

That 2021 has been an explosive year for Bitcoin, and the entire cryptocurrency world is something that is now widely acknowledged. But if it is true that nowadays popularity is measured on social media, well then in 2021, there has been a real boom in attention to Bitcoin and cryptocurrencies, especially on Twitter, the social par excellence of the sector’s fans.

Read the full story on Crypto New Media

This Man Predicts Bitcoin back in 1999

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