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.


JPMorgan Says Bitcoin Halving and Ethereum Upgrade 'Very Worth It'

1 hour ago 1 minute read 0 comments Rokycrypto

JPMorgan Chase believes that the Bitcoin halving event and subsequent major upgrade of the Ethereum network are already being factored into crypto prices, with a resurgence in retail investor interest driving the recent surge in the popular cryptocur...

Robert Kiyosaki Warns: Prepare for Worsening Banking Crisis, War, CBDC Surveillance

1 hour ago 1 minute read 0 comments Rokycrypto

Robert Kiyosaki, author of Rich Dad Poor Dad, warned investors of an escalating banking crisis, increasing threat of war, and potential surveillance by central banks through the use of central bank digital currencies (CBDC). Rich Dad Poor Dad author...

Electron ARC-20 Token – One of the gems of this 2024

2 hours ago 1 minute read 0 comments Makingdigital

I have named this asset as the fire token. Electron is one of the fruits and results that the Atomicals network has forged along with Neutron, Quark or Atom. The growth that Bitcoin is having feeds the chain and attracts new investors. The most specu...

Bitcoin Halving: Effects, Impact, Pros and Cons - What You Should Do with 34 Days Left

2 hours ago 2 minute read 0 comments joswee pro

With the Bitcoin halving event just around the corner, scheduled to occur in approximately 34 days, the cryptocurrency community is a buzz with anticipation and speculation. The Bitcoin halving, which takes place roughly every four years, is a signif...

Uniswap Renews Itself.

3 hours ago 4 minute read 0 comments CryptoEntrepreneurs

Uniswap is a decentralized exchange protocol running on the Ethereum network that allows users to exchange ERC-20 tokens. Unlike a centralized exchange where platforms act as an intermediary between buyers and sellers, connecting them and charging th...

My Thoughts on Current Markets-95

4 hours ago 4 minute read 0 comments Biologist25

Let's start with the dollar index (dxy). Fibonacci has been at resistance at 105 in a downward trend since the Fibonacci 1.618 peak at 113 on the weekly chart. Fibonacci made a reaction at 78.6, corresponding to 101.70. Now, whether it can go above 1...

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

5 hours ago 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...

Optimism Looks Like Preparing For High Jump

6 hours ago 2 minute read 0 comments shohana1

Image by WorldSpectrum from Pixabay You are active in this platform and you know that optimism ($OP) is a Lightning fast Ethereum Layer 2 blockchain which is powered by optimism. My first meet with optimism is this platform when it launched optimism...

The effect of cryptocurrencies on the private sector

7 hours ago 1 minute read 0 comments Mika(123)

Cryptocurrencies according to se have reshaped loads of things inside the global, mainly the way we make and spend money, in addition to the manner we invest. One of the immediate consequences is the democratization of finance, which refers to an equ...

What is the most awaited coin / token?

7 hours ago 1 minute read 1 comment Kenzoo

The most awaited at this time to be able to rise to hit the market there are several kinds of course. But in terms of expectations and the number of holdings, it can be said that there are several coins and tokens that are highly expected to rise by...