Bitcoin (BTC) News, Price Predictions and Opinions

Bitcoin (BTC)

12,145 Articles 3574 Followers

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.

Bitcoin Has Completed Gartley Move And Ready To Hit Upto $12K

1 day ago 1 minute read 2 comments moon333

Formation of bullish Gartley: This time on very long term monthly chart the price action of Bitcoin (BTC) has formed bullish harmonic Gartley pattern and entered in potential reversal zone. Click here to visit tradingview for complete chart   Buying...

Exchange: Binance Confirms CoinMarketCap Acquisition

1 day ago 1 minute read 0 comments Gamma

A prolific acquisition Although the amount committed for this transaction was not specified, we report to you at the start of the week that the transaction would have cost Binance $ 400 million.The official statement said that Binance and CoinMarketC...

Monero (XMR) Has Confirmed Powerful Indication For Upto 584% Big Bullish Rally Soon

2 days ago 2 minute read 0 comments moon333

Hi friends hope you are well, Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline was moving sideways indicating that the price action might have found a support here. After recent bearish move the priceline has 1st ti...

Interdax's Sunday Scrimmage Trading Battle Starts 20:00 UTC!

2 days ago 1 minute read 0 comments Interdax

Interdax's Sunday Scrimmage Trading Battle Starts 20:00 UTC! The battle lasts 24 hours and entry is FREE. Participants will receive their initial trading stack of 0.025 BTC back plus (or minus) all PnL at the end of the battle.

 Join Sunday Scrimm...

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

2 days ago 3 minute read 0 comments

Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis. This article will analyze the movement of global financial markets...

Best Crypto Trading Apps - Bitcoin On The Go (2020 Guide!)

2 days ago 11 minute read 3 comments BitShills

What Are The Best Crypto Trading Apps Having access to the best crypto trading apps is essential. Monitoring your trading positions can be a huge task in itself, and especially when you are on the go, with the 24/7 nature of the cryptocurrency market...

Former Google Engineer Claims to Hack Zip File Containing $300,000 in BTC

2 days ago 1 minute read 1 comment

Michael Stay, a former software engineer with Google and the current CTO of smart contract and decentralized application (Dapp) firm, Pyrofex, claims to have successfully hacked a zip file containing the private keys to over $300,000 in Bitcoin (BTC)...

Chain Warriors Is A New MMORPG Where You Can Earn Crypto In The Game

2 days ago 1 minute read 0 comments CryptoCurrencyExchanges

Chain Warriors is a new MMORPG where you can earn cryptocurrency in the game by randomly finding items or completing missions in the game. You can find rare items and sell them on the marketplace in online auctions, get rewards for defeating monsters...

More and more traders are placing long positions on Bitcoin

2 days ago 1 minute read 0 comments DZ4FREE

Bitcoin may have crashed 50% in a single day in March, but that hasn't stopped traders from investing in the cryptocurrency .  Indeed, multiple data sources suggest that despite the uncertainty in the global economy, the majority of investors are sta...

Institutional investors enter the cryptocurrency market

2 days ago 1 minute read 0 comments Gamma

The adoption of Bitcoin. Although Bitcoin offers exceptional rates of return on investment (RSI), many institutional investors entering the cryptocurrency market still worry about the reliability of access to unregulated territory. With the official...