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.


El Salvador Has Shown 44 Countries How Bitcoin Can Bank the Unbanked and Give Them a Better Future.

22 May 2022 3 minute read 3 comments ssaurel

Just a week ago, Nayib Bukele, the president of El Salvador, posted a tweet in which he explained that 32 central banks and 12 financial authorities, the equivalent of 44 countries, were going to meet the next day in El Salvador: On the agenda: Fi...

MayDay: Solana Recovers from Seven Hour Blackout, Warren Buffet Slams Bitcoin and more...

1 May 2022 5 minute read 14 comments I-HODL

Guys, I took one day, turned off the computer for a mental break, took a trip to the beach and came back and there was so much that had happened in the cryptoverse, I could hardly catch a breath. In the past 24 hours, Wikipedia granted a community re...

The Scope of Investing in Crypto Yield Farming

8 May 2022 1 minute read 1 comment Defiant Pathfinder

I always say that it's all about timing in crypto trading and investing. As the whole world is embracing cryptocurrencies and some countries are even regulating the crypto exchanges so there are higher chances of crypto booming. So it's wise to step...

The Central African Republic adopts Bitcoin as legal tender – how will this affect the country and the crypto industry?

6 May 2022 4 minute read 0 comments Mike Ermolaev

The Central African Republic adopts Bitcoin as legal tender The IMF criticizes the move  The CAR's adoption of BTC will likely be successful, as was El Salvador's   The Central African Republic (CAR) has become the second country after El Sal...

Is $100k still in sight for bitcoin in 2022?

29 Apr 2022 2 minute read 10 comments Dzoelx

When bitcoin missed out on the popularly predicted $100k level last year, the general conviction was an inevitable breach of $100k in 2022. Unfortunately, things haven’t really gone as plan. Somewhere in-between the big green candles and the cup-sha...

Will BlackRock monopolize the entire crypto market?

27 Apr 2022 3 minute read 0 comments Mike Ermolaev

BlackRock’s clients show increasing interest in digital assets BlackRock becomes the manager of Circle's USDC cash reserves The crypto community fears this will undermine Bitcoin's decentralization   It's a trillion-dollar question, or to be more p...

Happy Bitcoin Pizza Day! Are You Gonna Eat Pizzas Today?

22 May 2022 1 minute read 3 comments diaperfinancingfund

I was actually woefully ignorant of the existence of Bitcoin Pizza Day. I heard about some guy making history by paying 10,000 BTC for two pizzas but that was all I knew. Thank goodness Cake DeFi (My referral code: 298646) organised a Guess the Bitco...

Worried About Bitcoin's 3-Month Low? You Could Get Your Sovereignty Back!

9 May 2022 2 minute read 6 comments Allen Taylor

Bitcoin fell below $34,000 yesterday. As of this writing, it’s below $33,000. That puts the granddaddy of all cryptocurrencies at a 3-month low. The culprit could be a raise in interest rates. Popular podcaster Joe Rogan says bitcoin is freaking out...

What are the whales doing this week?

4 May 2022 1 minute read 1 comment toofasteddie

As @acesontop required me in his post yesterday, maybe it's a good time to see what the BITCOIN whales do with our destinations.Honestly, I have not detected anything remarkable in the behavior of the Top100 Whales on BITCOIN during the last weeks of...

Bitcoin's Moves, Ethereum's Gains, and Do Kwon's Thoughts on Stablecoins

25 Apr 2022 3 minute read 4 comments Allen Taylor

While everyone is talking about the recent dip in the crypto market, the Central African Republic has adopted bitcoin as legal tender. El Salvador became the first country to do so in September last year. Bitcoin’s hashrate has hit an all-time high—a...