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.

DeFi Debacle - Overcoming Low Interest Rates

2 weeks ago 6 minute read 9 comments The Part Time Economist

Wow! What a month it has been. We have a worldwide pandemic, falling oil prices, and near zero percent interest rates on DeFi. On Fulcrum, the interest rate for USDC is barely half a percent, and Tether is less than point 06%. Compound isn't much be...

Bailouts, Not Inflation, Will Make Bitcoin Boom

1 week ago 3 minute read 2 comments MarkHelfman

According to social media, Coronavirus-related money-printing will send bitcoin’s price to the moon. “BRRRR” go the machines, they say. The BRRRR meme is strong, but this financial panic will take a while to play out, with uncertain consequences for...

Cryptocurrency Market Conspiracy Theory Mafia For The New Global Economic Crisis

3 weeks ago 11 minute read 0 comments Rubika Ventures

Today we have brought this article to summarize all the positive and negative news of the last collapse of the financial markets. We are speaking in general terms because many investors saw their equity decrease more than 50% negative both on the tra...

Bitcoin's pump explained.

6 days ago 1 minute read 2 comments MadMaxx

It's been a while since I did an old fashioned technical analysis talk on Bitcoin here on this blog, so I thought that this recent pump to 7.1k might be a great time to do so. So let's get started! Ok. First, a chart. As we can see, BTC's price drop...

Weekly Crypto News Roundup - 10th of March - 17th of March

3 weeks ago 5 minute read 3 comments pheonixdown-dee

Every week, I will be collecting some news stories / opinion pieces that I have found to be interesting in the crypto world and condensing them down into one easily digestible article. All the article and images are taken from a news source that I li...

Former Facebook Exec Speaks About Bitcoin Reaching 7 Figures

1 day ago 1 minute read 0 comments Abhi K

Chamath Palihapitiya, who served as a senior executive in Facebook’s early years and is currently the CEO of VC firm Social Capital, has offered some interesting remarks about Bitcoin in this time of global economic uncertainty.  Palihapitiya was spe...

Exposing CryptoScams:  CoronaCoin

1 week ago 1 minute read 6 comments bettercallpaul

Exposing CryptoScams:  CoronaCoin An Almost-Weekly Newsletter Featuring a Spotlight on Past, Current, and Suspected Top Ten Cryptocurrency and Blockchain-based Scams A Special COVID-19 Pandemic Scam Report by W. Paul Alexander  for the Better Call Pa...

Whoops: The Everything Bubble Bursts: March 9th 2020 FIAT BELCH is a Hiccup for Crypto- A Crypto Opp. for House Sellers and Buyers? Partly.

4 weeks ago 13 minute read 2 comments thunderboltkid

Well it had to happen... the March 9th, 2020 Crash that is  IMO, the perfect convergence of Bad Stuff has popped the "Everything Bubble", one  (pop) controllable, one not. The controllable one?  The Price of Oil now around $34.00 (depending on whose...

Bitcoin is trading below the cost of mining: it is more profitable for miners to buy cryptocurrency in the market

3 weeks ago 3 minute read 7 comments World Crypto

Recently, a historic event took place in the crypto industry: within 24 hours, Bitcoin depreciated by 38%, and according to Coin Metrics, this is the third largest daily dump. In 48 hours, the leading cryptocurrency exchange rate fell by more than 50...

Bitcoin & Cryptocurrency Taxes in 2020

2 weeks ago 10 minute read 0 comments Changelly

Although cryptocurrencies are not controlled by any government or bank, the same cannot be said about crypto-related financial operations. Whether we like it or not, the number of countries introducing taxes on crypto profit is growing, so our expens...