Bitcoin (BTC) News, Price Predictions and Opinions

Bitcoin (BTC)

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Bitcoin (BTC) is a pioneering digital currency invented by a yet-unknown individual or group of individuals presented as Satoshi Nakamoto. Early development began in 2008, during the financial crisis of 2008, with the landmark paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” being released on October 31, 2008. The primary purpose of Bitcoin is in the space of P2P financial transactions, though some supporters envision it more as a store of value.

Often called “Digital Gold” for its monetary properties which are similar to gold, the enduring popularity and market resilience of Bitcoin has encouraged the growth of other cryptocurrencies, and as a result it has come to be known as the “mother” or “father” of all cryptocurrencies. Initially limited to all but the most ardent technology enthusiasts, Bitcoin was responsible for convincing the masses that a P2P financial system devoid of middlemen and centralized was in fact possible, a characteristic made possible through its Proof-of-Work consensus algorithm which incentivized good behavior.

Since its inception in early 2009, Bitcoin has been through a number of changes and incidents, yet continues to thrive as the most popular token in the cryptocurrency market. This includes the famous Mt. Gox incident and several such cycles of price spikes and drops. The enduring nature of Bitcoin is a quality that is highly cherished by its proponents. Many tokens have been inspired by it, including similarly envisioned token Litecoin (LTC), which is often said to be the silver to Bitcoin’s gold. Because of the popularity and established nature of Bitcoin, it is often the base pair with which other cryptocurrencies are traded.

In this tag, read Bitcoin (BTC) news, price predictions, opinions and analyses created by users.

Coinmarketcap 11/07/2020

16 minutes ago 1 minute read 0 comments sevillaespino

Well my we arrive to next Friday with the weekend, I hope the market keeps up with us and we have a weekend of good news or stability as well as I wish all my supporters have a nice Saturday and Sunday. Today's market achieves second consecutive inc...

Get 10 GMC($5) as Early Signup~ With Payment Proof

26 minutes ago 1 minute read 0 comments Sabingurung

If you are new to crypto, GokuMarket is the perfect place for you. It is the home of crypto where all the things available in one place. It is the marketplace for cryptocurrency which not only offers a wallet but also facilitates various services lik...

A Detailed Analysis of Bitcoin Escrow & Bitxoe Escrow Platform

2 hours ago 7 minute read 0 comments SPSingh

Undeniably, Bitcoin transactions can be a bit cumbersome due to the risk factor associated with it and that’s why many peoples leverage escrow to mitigate risk. Even though Bitcoin escrows have been there for a long time, but they have gained massiv...

Bitcoin's 38th richest address moves all of BTC's $ 184 million fortune to multiple addresses

2 hours ago 1 minute read 0 comments ProfDeGeografia

19,630 BTC (184 million)!!!!!!!!!!!!    The 38th richest bitcoin wallet, with over 0.1% of the circulating bitcoin supply, moved its entire stock of 19,630.80 BTC, worth more than $ 184 million at the time of printing, to several other addresses . Th...

Bitcoin price is under pressure on two fronts: China and the United States

3 hours ago 4 minute read 0 comments ProfDeGeografia

As of Friday (July 10), Bitcoin is trading around $ 9,200, apparently under pressure from events in China and the United States. Let's start with China. The CSI 300 is "a capitalized stock market index designed to replicate the performance of the top...

Weiss Ratings named the top 3 reasons for the upcoming Bitcoin rally

4 hours ago 2 minute read 0 comments World Crypto

The analytic cryptocurrency agency expects an early increase in the bitcoin market thanks to the advent of institutions, the S2FX model and the US Federal Reserve policy. The cryptocurrency analytical agency Weiss Ratings has identified the main reas...

US Treasury bonds land on the Ethereum blockchain

4 hours ago 1 minute read 1 comment NassiroV

Image Source In parallel with the very media epic of crypto ETFs, that of tokenized funds is following its course more discreetly. After more than two years of work and going back and forth with the SEC - US Security and Exchange Commission -, the i...

Ex Goldman Sachs manager sure: Ethereum is about to overtake Bitcoin

5 hours ago 1 minute read 1 comment X.Crypto.0X

If you look at altcoins such as Cardano, Synthetix, Chainlink and Dogecoin, the market leaders Bitcoin and Ethereum actually achieved a zero result. The two leading cryptocurrencies have been traded in a narrow range as the altcoins have broken sharp...

ChangeNow - Quick, Easy & Safe

6 hours ago 9 minute read 0 comments Zenthereum

One of the main problems beginners encounter in crypto is how to buy cryptocurrencies. While this should be the easiest part as everyone in the cryptocurrency space is striving for wider adoption, it is still a big problem that discourages new people...

Chainlink will be bigger than Bitcoin says analyst

6 hours ago 1 minute read 0 comments Vms_Crypto

A top crypto analyst Timothy Peterson believes Chainlink will eventually become bigger than the crypto giat Bitcoin. Mr. Peterson is an investment manager at Cane Island Alternative Advisors and shared his analysis via the following tweet. He also me...