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.


Vanguard with assets of $ 5.7 trillion involved blockchain in the field of securities

12 Jun 2020 1 minute read 0 comments Kluma

  Investment company Vanguard with assets of $ 5.7 trillion has completed the first phase of pilot testing of settlements on asset-backed securities on the blockchain. This is stated in the press release of the company. Symbiont blockchain startup,...

Types of Bitcoin wallets: the digital moneybag

12 Jun 2020 1 minute read 0 comments kazi1995

Wallets, something that we use for our own money keep safely with us and we can use; when we need. But in cryptocurrency world where we need also a wallet for our coins. So Bitcoin wallet is something that we know a software program where we can stor...

The 10k Conundrum

12 Jun 2020 1 minute read 1 comment MIKEMILL

  September 2019, this was the last time Bitcoin would be above 10,000 USD (Minus 6 days in February 2020 and around 48 hours total since then to today).  If you look over the price history of Bitcoin, its spent a very small amount of time over the...

BLOCKCHAIN

12 Jun 2020 1 minute read 0 comments Ceelveer

BLOCKCHAIN SIMPLIFIED 1. *An anti afraid safeguard* Blockchain is transparent and trustworthy making it helpful in fighting fraud, a top concern for many. 2. *Decentralized appeal* {its key selling point} Blockchain is decentralized in nature and may...

Bitcoin investors in China drove behind $ 5 billion new Tether

12 Jun 2020 2 minute read 0 comments erikvantools

Last year saw a special trend in the inventory of new Tether (USDT) that has been put into circulation. This number has increased enormously with $ 5 billion in 2020. The stablecoin is once again taking a more dominant position in the Bitcoin market....

12 Jun: Going East

12 Jun 2020 1 minute read 0 comments TheCryptoCurator

It's Friday my Crypto Peeps! We are red across the board as Gemini plots Signapore expansion with appointment of new Asia Director, Chinese investors secretly buying Bitcoin helped fuel Tether's $5 Billion surge, and Celsius Network sells two-thirds...

Price analysis 12, June Bitcoin, ethereum, litecoin, XRP and BCH.

12 Jun 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $9,474.10 at 3:45 PM GMT, with a loss of -3.19% in its price in the previous 24 hours. Bitcoin with its 24 hours hig...

President Trump's OCC President Is Optimistic About Bitcoin And Blockchain

12 Jun 2020 2 minute read 1 comment PassionCryptodotcom

Brian Brooks, the former chief legal officer of Coinbase , was recently appointed acting director of the Office of the Currency Controller (OCC) of the Trump administration. Brooks has been open to exploiting the merits of blockchain and cryptocurren...

Top 10 Cryptocurrencties by Market Capitalization

12 Jun 2020 2 minute read 0 comments maheswor

Short descriptions of Top 10 Cryptocurrencies by Market Capitalization 1. Bitcoin (BTC) Bitcoin is a decentralized cryptocurrency, a digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-pe...

Update Pi Network is about to reach 10 million people participating in PI digging

12 Jun 2020 2 minute read 2 comments JackYang

         Hi everybody! In this article I will update some important data about Pi Network so that all of you can grasp and have more confidence in digging Pi. Join Pi Network mining is the same as when you participate in Bitcoin mining, when the numb...