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.

Minor updates to the Medium publication

4 hours ago 1 minute read 0 comments Dzoelx

The CryptocurrencyScripts Medium publication has been running for only about 10 months. During this time, we’ve been able to onboard several talented cryptocurrency writers and have grown significantly as a publication. However, this is not one of t...

How I Earned 500$ Monthly From Twitter

2 Mar 2024 1 minute read 0 comments Cryptobdschool

Hello, all crypto fams. Today let me share with you the fascinating journey of how I stumbled upon the REACH platform. It all began when, towards the end of last year, I unexpectedly lost my paid marketing job due to my own mistake. Determined to fin...

BTC Price Outlook(3/3/2024) - Bitcoin Reaching its Limit?

22 hours ago 1 minute read 0 comments ThisGamerLikesCrypto

Greetings! In this article, I will go over my technical analysis I did today and explain what indicators notable and future potential scenarios of the BTC price action were. Bitcoin Reaching its Limit? During the past few months, Bitcoin has exploded...

Bitcoin won't dump for Alts to pump

2 Mar 2024 1 minute read 0 comments Ticktalker

Many people worry that the money from the Bitcoin ETF won't rotate to alts.   A part of it indeed won't and nor does it need to.   In the entire history of the global crypto market, a higher bitcoin has always correlated with a strong and healthy alt...

Bitcoin Rockets Past $63,000

29 Feb 2024 1 minute read 1 comment SimpleSwap

Exciting news unfolded last night, February 28th, 2024, as Bitcoin (BTC) skyrocketed past the $63,000 mark, showing a remarkable surge in its value. Currently, it's aiming to settle around $62,500, indicating a strong performance. Source: Coinmarket...

Binance hit with $10 billion fine from the Nigerian government

3 Mar 2024 1 minute read 1 comment zulmai khan

Binance is hit with a $10 billion fine from the Nigerian government. This is because they profit from facilitating illegal transactions in the country. On (March 1), the BBC news agency reported that The Nigerian government has levied at least $10 bi...

Crypto Coach Turned Conman: The Brian Sewell Scam

3 hours ago 3 minute read 0 comments SimpleSwap

A 51-year-old cryptocurrency trading course instructor was convicted of fraud totaling $1.2 million, but soon he became a victim of scammers himself. This story is currently being actively discussed in the crypto space. Who is Brian Sewell, how did h...

Short cryptonews for this week 9/52 (2024)

2 Mar 2024 1 minute read 0 comments Pasucaru

- In February 2024, bitcoin recorded its best monthly performance since december 2020 (+43.5%). This week, Bitcoin has been trading above $62,000. - Ethereum has been trading above $3500. - The Dencun Ethereum upgrade was successfully completed on th...

Gemini Announces Plan to Return $1.8 Billion to Earn Users

29 Feb 2024 2 minute read 7 comments ZeroRequiem

On February 28th, Gemini announced a settlement with Genesis that will result in all Earn users receiving "100% of their digital assets back". According to the proposed settlement, the 232,000 Earn users will receive 97% of their assets in the next 2...

That are on the run.

3 Mar 2024 1 minute read 0 comments Kenzoo

It can't be said to be fully running fast, but at least these two crypto coins are enjoying their little run. Moving forward not too fast and not too slow. In a matter of 24 hours Bitcoin Cash and Shiba Inu are in the performance of pumping up thei...