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.

The Crypto Portfolio Strategy That Changed My Life

26 Feb 2024 2 minute read 1 comment johnwege

When it comes to my cryptocurrency portfolio strategy, I am different than most. While others may try to make as many gains as possible in the short term. I am more than happy to sacrifice those short-term gains and take a nice and slow approach. Let...

Crypto Dilemma: To Cash Out or HODL on the Forever Train?

24 Feb 2024 2 minute read 7 comments johnwege

Most of us joined the cryptocurrency market with hopes of making money and changing our lives financially. However, the longer that you have been investing in the market, you will learn that there is a stigma against selling your crypto. Once you hav...

BlackRock and Fidelity push Bitcoin towards $57K. What's Next for Bitcoin Price?

27 Feb 2024 4 minute read 2 comments ssaurel

After almost two weeks of hovering just above the $50K mark, the price of Bitcoin has just resumed its ascent to the top with a spectacular price rise on February 26, 2024. This rise allowed the price of Bitcoin to touch $57K, a price level not reach...

How to Protect Your Crypto: Top 10 Security Tips

26 Feb 2024 4 minute read 5 comments SimpleSwap

Today, not only crypto developers but also their main "allies" – hackers – had reached a new level in technological development. The ability of the latter to adapt to changes in the Crypto World is truly remarkable. Crypto hackers have been skillfull...

As Bitcoin Heads for $100K, Don’t Forget the Deeper Meaning of the Bitcoin Revolution.

28 Feb 2024 2 minute read 0 comments ssaurel

The price of Bitcoin is approaching $60K. At the time of writing, it stands at $57.2K. The buying fever of financial giants such as BlackRock and Fidelity for Bitcoin explains this upward thrust in the price of Bitcoin, which nothing seems able to st...

Which cryptocurrency and blockchain Use case impresses you the most?

26 Feb 2024 4 minute read 11 comments Dzoelx

If you didn’t just get in here hoping to get quick riches by buying and selling weird tokens generated via complex computing protocols; then you’d realize that the blockchain is a technological and financial revolution. Cryptographic coins and token...

Beyond Price: The Untold Value of Bitcoin in Our Lives

28 Feb 2024 3 minute read 7 comments johnwege

Most of us get caught up in the same trap of only thinking about one thing when it comes to Bitcoin. The price going up, and how we hope it’ll change our lives financially forever. I won’t lie, I often fall into this line of thinking as well. But the...

Modular VS. Monolithic Blockchains

24 Feb 2024 2 minute read 1 comment Ether Crunch

Monolithic Blockchains: All tasks are carried out in a single layer. Nodes in these layers carry out all processes: validating transactions, executing consensus, etc. Additionally, all transaction data is stored on this layer, making it a full...

Best Avalanche Subnets: Gaming, NFT e Dapps

27 Feb 2024 2 minute read 0 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

Avalanche has been making headlines for years now due to its innovative approach to building a scalable and versatile blockchain infrastructure. Avalanche (subnet) is the main competitor of Cosmos (zones) and Polkadot (parachains). LayerZero is also...

Bitcoin bull rise and other news

27 Feb 2024 1 minute read 0 comments Yugocean

BITCOIN IN ACTION   Bull Rise      Bitcoin Bulls are running a fast rase with less than 48 hours when BTC value was dropped below $51k and struggled back to $51k. Buyers got a "buy the dip" profit after the bull rise, now BTC is racing towards 60k....