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.


Exchanging cryptos – when fees reduce your profits

2 days ago 1 minute read 0 comments achim03

Almost every crypto user needs one day to exchange coins. When exchanging coins it is not always visible how much such transactions will actually cost you. I have tried to compare several places where coins can be exchanged to try to figure out the l...

What is Cardano (ADA)? How it works?

10 hours ago 1 minute read 0 comments PrisonedBus9641

Cardano is a decentralized public blockchain from which the ADA token is issued. The project involves the development of smart contract platforms and aims to compete with Ethereum by allowing faster transactions. The CEO of the company that created i...

The new Binance crypto debit card is accepted at 46 million Visa merchants worldwide!

1 day ago 1 minute read 0 comments Jumble

Use your Bitcoin, Ether, XRP, Litecoin to shop and pay for products or services with the new Binance Card. The new Binance Card is accepted at 46 million Visa merchants worldwide. You can also use the Binance Card for online shopping. This Binance Ca...

US Coronavirus Stimulus Plan: What will happen to USD and BTC?

3 days ago 2 minute read 1 comment Thomas Wolf

In the article Mnuchin confirms plan for $1,000 cash payments to all Americans, a proposed 1 trillion dollar package deal promising each American a minimum of $1,000 cash payout and as much as $3,000 for parents.If this happens you can imagine what a...

An upward wedge is forming on the BTC chart: its breakthrough may inspire BTC sellers. Market Review

1 day ago 1 minute read 0 comments World Crypto

On Wednesday, the price of Bitcoin was growing in parallel with traditional markets. The bullish pressure was probably triggered by the Senate approval of the $ 2 trillion economic stimulus bill. According to the plan of the US government, the money...

Crypto will rise like a phoenix from this crisis 🕚

5 hours ago 1 minute read 0 comments valuevision

We have a economy crisis - the globalization fails right now: The supply chain is interrupted. People stay at home and don't work. Many will lose their jobs. Many companies are ruined. The economy crisis will lead to a financial crisis: People an...

New to Crypto? - European Exchange and Trading

16 hours ago 1 minute read 0 comments Ascii4rt

If you already have been in Crypto for a while this post is not intended for you. If you're new to the Crypto Space and are trying to get a foot in to Cryptocurrency, this post might be for you.   There are a lot of exchanges out there. Many in Asia...

How is our friend Bitcoin today?

1 day ago 1 minute read 0 comments sam-op

Hello friends once again here.Without further ado, let's go to the bitcoin analysis. We have good news for bitcoin today, well, not so good 😁. As we can see, the daily candle of yesterday closed in green, it was falling but it was more or less an ind...

Bitcoin Cash Is Forming Bullish BAT For Upto 24% Profit Soon

1 day ago 1 minute read 0 comments moon333

Formation of harmonic bullish BAT pattern: The Bitcoin Cash with Bitcoin pair is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone to give chance to earn more gains. Click here to visit tradingview for com...

BTC price forms a double top on the hourly chart that can lead Bitcoin to drop below $6K

1 day ago 1 minute read 0 comments NewsBitcoin247.com

BTC price forms a double top on the hourly chart that can lead Bitcoin to drop below $6K Bitcoin price has got stuck around $6.6K level and is failing to find its way above the psychological level of $7000. In the last 24 hours, BTC once again record...