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.


Bitcoin Can Break A New Record Through Its "Old Ally"

20 May 2020 2 minute read 2 comments Frknzz

The fall of the leading cryptocurrency Bitcoin on March 12 was actually seen all over the world and in almost every asset. Despite this, the fact that BTC acted with the leading stock exchanges of the USA in both the downturn and the occasional uptur...

Bitcoin Daily Price Forecast (9/22/20) - Targeting March Bottom Again?

22 Sep 2020 1 minute read 0 comments Crypto Daily FX

Bitcoin dropped Monday, getting rejected by the $11,000 level and reached down towards the $10,000 level before finding support around $10,500. This likely was correlated to the equities AND gold markets both selling off multiple percentage points du...

Bitcoin moved | How will the market respond?

24 Jun 2020 1 minute read 0 comments deleted00024

The downtrend line (upper white line) would be at around $ 10,100 , which is our next bullish target , as long as the price continues above $ 9,500, it should specifically continue to close above that price at daily chart. USD 10500 would be the nex...

CyberPoem

19 Mar 2020 1 minute read 0 comments Coin_seed_dent

Digital currency, the alternative to real cash, decentralized crypto currency, that can be securely stashed. No need for a bank, no central authority, worldwide currency exchanges, this means no digital minorities. Encrypted digital wallets on smart...

So far, these altcoins have performed better than Bitcoin in 2020

28 Jun 2020 1 minute read 1 comment deleted00024

According to a new investigation by the crypto company Pantera Capital, Bitcoin is to be surpassed by altcoins or has already been used by some in the annual performance in 2020. In a June blockchain letter released on Wednesday, the hedge fund said...

Kraken Wins Bank Charter Approval

16 Sep 2020 1 minute read 0 comments Permabull

The State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial. Headquartered in Cheyenne, Wyoming, Kraken Financial is the first digital asset comp...

The Unbanked Series - So You've Thought About it, What is Your First Step? (Tuesday)

11 Aug 2020 1 minute read 1 comment BryRi

Hopefully you caught the Monday set-up in The Unbanked Series.  We still have a lot to cover. So You've Thought About it, What is Your First Step? (Tuesday).   A Common Truth No matter how much you like to go it alone, or have an individual flare to...

Bitcoin Will Rise First In Inflation-Affected Countries

14 Jul 2020 1 minute read 0 comments PassionCryptodotcom

In the global cryptocurrency world, the price of Bitcoin is always measured in dollars. As it stands, Bitcoin is trading at $ 9,200, and it has been trading around this price range for almost three months now. But looking at the big picture, of a dec...

🗞 Daily Crypto News, June, 5th💰

5 Jun 2020 4 minute read 0 comments Crypto_Lemon

Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists; Bitcoin Mining Difficulty Sees its 8th Biggest Drop in History; ‘Bitcoin and Black America’ Author: Protest by Buying BTC; Coronavirus Lockdown Boosts Bitcoin Trading in Russia ; Coi...

Bitcoin - Record rise in BTC futures

8 Aug 2020 1 minute read 0 comments NassiroV

Image Source The awakening of Bictoin (BTC) is starting a real race for investments at the moment. It must be said that this movement was expected and that its engagement upwards reassures, while everyone feared it once again downwards...