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.

Can I Make Profit On BetFury? Day 13

18 Feb 2024 1 minute read 0 comments Kovak

Today a small drop on the chart, but overall there was nothing to be afraid of, so far we have only had one such case that was close to a loss. You can register on Betfury here. Today's profit: 30120.87 SHIB Total profit: 520612.32 SHIB Feel free...

Coinbase Takes 90% of Bitcoin ETF Storage Service

18 Feb 2024 1 minute read 0 comments zulmai khan

  Coinbase is benefiting from the ETF boom, with ETFs holding 90% of the total bitcoin value in the $37 billion market. The bank has begun preparing to enter the custodian field. Preventing market dominance by only one owner. Coinbase, a major crypto...

Bitcoin Currency and El Salvador

18 Feb 2024 1 minute read 0 comments zulmai khan

“El Salvador” is the smallest country in Central America. Citizens earn a living abroad and send money back home worth 22% of GDP.Moreover, a large proportion of the population does not have access to basic financial services because “out of 30 peopl...

Bitcoin: 'Wen All Time Highs'?

18 Feb 2024 2 minute read 0 comments Coins Reporter

Okay, Okay, I understand the impatience. After all Bitcoin has claimed back its trillionite jewel that was lost in 'The Blizzard of 2022'. Bitcoin has not only claimed back $1 trillion marketcap but it also regained +$50k price tag as I mentioned a f...

The Double-Spend That Never Was - Chain Reorganization Explained

18 Feb 2024 4 minute read 2 comments 0xVince

It was a Thursday, on January 21, 2021, when news outlets began circulating reports of a Bitcoin double spend flaw which led to an 11% drop in the price of the digital asset. This would have been a major exposure of a flaw in the blockchain ... excep...

The Numbers Don’t Lie: The US Dollar Has Been Used 606 Times More Than Bitcoin to Launder Money Since 2017.

18 Feb 2024 1 minute read 4 comments ssaurel

You know as well as I do the lies that Bitcoin's opponents love to use to denigrate this unique monetary revolution. "Bitcoin is a disaster for the environment". "Bitcoin is only used for illegal activities". "Bitcoin is on the verge of extinction"....

State of the Market (02/18/24)

18 Feb 2024 4 minute read 0 comments Todd Mei PhD

Get the Full Free Version of The Art of the Bubble Newsletter here. The Macro Situation adhesive remover (noun): a solvent designed to remove sticky residues, like gum, wax, glue, stickers, and sap; quantitative tightening when inflation is sticky;...

How Crypto is Changing Remittances | International Crypto Payments

18 Feb 2024 3 minute read 0 comments ReHold

With the increasing growth of e-commerce and the digital economy, the movement of money across international borders has become more important than ever. In sectors ranging from education to business, remittances play a crucial role in the global eco...

Valuing Crypto: Scientific or Closer to Astrology?

18 Feb 2024 5 minute read 3 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...

BTC - Dust Consolidation as a Precautionary Measure Ahead of the Halving

18 Feb 2024 1 minute read 1 comment Harry Chest

  In the ever-evolving world of cryptocurrency, ensuring the security of your Bitcoin holdings is paramount. As the next Bitcoin halving approaches, it's a good time to consider a simple precautionary measure – consolidating dust in your wallet. Bi...