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.

Hard Drive Search: The Million-Dollar Mistake that Won't Be Left In Peace

22 Sep 2023 3 minute read 27 comments SimpleSwap

British crypto investor James Howells gained worldwide fame due to his absentmindedness. In 2013, he accidentally discarded a hard drive containing 7,500 BTC. For a decade, James relentlessly attempted to recover his fortune, reaching out to Newport...

Would You Ever Lend Your Bitcoin Again?

22 Sep 2023 3 minute read 11 comments johnwege

2022 was the year of self-inflicted wounds in the cryptocurrency market that eventually lead to the demise of the bull market. Insolvencies spread like wildfire across many of the biggest crypto-related companies, such as 3AC, Celsius, BlockFi, Voyag...

Anti-Bitcoin Senator Bob Menéndez Accused Of Corruption: What Does This Tell Us About The Current Financial System?

24 Sep 2023 5 minute read 18 comments CryptoEntrepreneurs

Last Friday, September 22, news was released that has caused a stir in the political and economic sphere of the United States: Democratic Senator from New Jersey Bob Menéndez and his wife Nadine Menéndez were accused of accepting “hundreds of thousan...

The 5 Richest Bitcoin Addresses, and Their Supposed Owners.

8 Sep 2023 1 minute read 3 comments ssaurel

Bitcoin is a pseudonymous system. This is an important detail that escapes many members of the general public, I must say. This means that you can't know exactly how many users there are on the Bitcoin network, since each user can have from 0 to n ad...

Elon Musk Wants To Turn X Into A Payment Network: A New Attack On Freedom Of Expression?

25 Sep 2023 4 minute read 22 comments CryptoEntrepreneurs

Elon Musk, the billionaire owner of companies such as Tesla, SpaceX and According to him, this measure is the only way to combat the "huge armies of bots" that flood the platform with false, political or hate messages. But is this really the reason M...

How Long Are You Willing to Wait For Bitcoin?

3 Sep 2023 3 minute read 8 comments johnwege

Bitcoiners have always been taught that time is on their side. That all they needed to do to be successful with Bitcoin is to HODL, and hold onto your BTC for as long as possible. Always maintain a long-term timeframe; and when in doubt, just zoom ou...

⚠ Alert! A New Russian Malware Threatens To Steal Your Cryptocurrencies.

2 Sep 2023 4 minute read 5 comments CryptoEntrepreneurs

If you are an Android user and have any cryptocurrency app installed on your device, you could be at risk of losing all your funds. Several US and UK intelligence agencies have warned of a new malware called Infamous Chisel, which is linked to a Russ...

MetaMask Releases Snaps: One Wallet for All Chains?!

13 Sep 2023 2 minute read 4 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Bitcoin: The Cards Are All Lining Up

17 Sep 2023 3 minute read 4 comments johnwege

2023 continues to be the year that all of the cards are seemingly lining up for Bitcoin to do something special in the short term. It isn’t a question of if the price will go up, instead, it’s only a question of how much. Let’s take a trip back to th...

The Hard Facts of Crypto

5 Sep 2023 3 minute read 4 comments johnwege

Look to your left and look to your right. There are a lot of people in the cryptocurrency market. But the harsh reality is that most of them won’t make it to the end to change their lives forever. The cryptocurrency market is an incredibly exciting p...