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.

Former Nissan CEO used bitcoin to escape Japan after being accused of tax evasion

29 Jul 2020 1 minute read 0 comments Iagodeft

According to new investigations, former Nissan CEO Carlos Ghosn used bitcoin to escape Japanese authorities in a Hollywood-worthy plan. Carlos Ghosn was a high-ranking executive at Nissan who was accused of tax fraud and tax evasion in Japan. Of Leba...

Is It Safe To Use Bitcoin?

11 Jun 2020 4 minute read 0 comments Khonnile

  Is it safe to use Bitcoin? Can you trust a decentralized computer network with your money? Most people still treat Bitcoin as a mythical pandora box which contains thieves, money launderers, scammers, terrorists, other people of the worst kind. Ho...

🔑 Tax loopholes - Wash Sale Trading 🔑

15 Oct 2020 2 minute read 0 comments _-_

Tax loopholes are ways to legally owe less money or decrease your tax burden, generally because of technical definitions... Today we'll examine one that applies to Cryptocurrency and Bitcoin, "Wash Sales"There are many changes happening the crypto sp...

🔥 Massive twitter hack compromises Bitcoin, Gemini, Coinbase accounts!

15 Jul 2020 1 minute read 0 comments resiliencia

Hello! What the hell happened this afternoon in twitter! A lot of really influential twitter accounts such as exchanges Gemini and Coinbase were compromised. Among the other ones there were also compromised the Coindesk (crypto news website) and even...

rBitex - All New Social Trading Platform

23 Nov 2020 3 minute read 0 comments Bitloca

The emergence of cryptocurrency has brought many changes in the global financial industry. Cryptocurrencies offer access to a financial system that is decentralized, anonymous, secure, and free of third parties. Since the emergence of cryptocurrency,...

Bank for International Settlements official: Tech giants forcing central banks to innovate |

13 Nov 2020 1 minute read 6 comments BLOCKCHAIN BRAIN

Adrian Zmudzinski, author @ Modern Consensus says that the Bank for International Settlements’ (BIS) head of innovation hub, Benoît Coeuré, said that technology firms are forcing central banks worldwide to get serious about the possibilities of new f...

Barcelona's cryptocurrency is launched: its price has increased to about 6!

24 Jun 2020 1 minute read 2 comments Murat Zignec

The world football giant Barcelona and Blockchain company Chiliz collaborated, removed the BAR, the Barcelona Fan Token, and was subject to intense attention. Barcelona Fan Token (BAR) is now open for trading today after its supply. The BAR was put u...

XRP on his way to $ 100 dollars

7 Apr 2020 1 minute read 2 comments EdwinK

Breaking the 20 cent mark the way to $ 100 for XRP is long but can easily be reached. Every week Ripple signs partnership with banks and financial institutions. More than 350 institutions and also Central Banks worldwide are currently testing Ripple'...

Bitcoin IS Money Says French Court

10 Mar 2020 2 minute read 0 comments

After regulating initial coin offerings (ICOs) under a legal format, France upscales its internal cryptocurrency policy once again, this time calling Bitcoin a legit financial instrument, more specifically an approved currency.  The incident was repo...

The Ethereum network launched a sidechain with support for up to 2000 transactions per second

19 Jun 2020 1 minute read 0 comments Kluma

Startup Matter Labs launched on the Ethereum blockchain a beta version of zkSync second-level solution based on zkRollup technology with a throughput of 2000 transactions per second and an average transaction fee of $ 0.01. Initially, zkRollup will...