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.


🗞 Daily Crypto News, June, 6th💰

23 hours ago 4 minute read 0 comments Crypto_Lemon

Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months; Grayscale Is Buying Up More Than Just Bitcoin; How Bitcoin Fits Into Lebanon’s Banking Crisis; Bitcoin's Wasabi Too Strong For Europol; Fed Chair Jerome Powell Discusses Leveragi...

Bitcoin Halving and the Looming Chinese Digital Currency

4 May 2020 1 minute read 2 comments cryptoramble

The Bitcoin halving is coming around. What does it mean? Or what could it mean? And here's a reminder about a looming threat happening with China. It may seem distant but it can affect the rest of us in the long term. https://bitcoinblockhalf.com ht...

changeNOW - How to Swap Atomic Wallet Token (AWC)

29 May 2020 2 minute read 14 comments xqanxxx

changeNow.io is widely known for its instant, account-free, no-limit exchange service, however, there are other useful services that changeNOW provides for its clients. Examples include the NOW Nodes, NOWPayments, Token Swap, etc. In this report, we...

Revolut App Reports 68% Increase in Retail Crypto Traders

28 May 2020 1 minute read 1 comment Abhi K

UK based Revolut, which provides payment and investment products to both retail and business entities, has revealed data that showcases how the COVID-19 lockdown has affected investment in cryptocurrencies. Revolut used the data of 3 million customer...

Your Bitcoin Might not Be Safe Because of These "Kings of Theft"

20 May 2020 2 minute read 0 comments McAlex7

I think you all know it but the cryptocurrency world is full of surprises, good ones and some not so good. In terms of security we have made a lot of progress over the past few years, and societies like Ledger and many others are at the root of the d...

DAILY CRYPTO NEWS AND MARKET RECAP On 5th June 2020

5 Jun 2020 1 minute read 0 comments Creativeboy

Coin news   Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson! by coindesk.comThere are no easy technological solutions to racial tensions, police brutality or economic insecurity. Still, bitcoin could help black Americans, says au...

Miner received cryptocurrencies worth $ 18 million due to a failure

5 Jun 2020 1 minute read 0 comments Kluma

An error occurred in the Bitgrin token network, because of which the user extracted 5 billion tokens in one block out of a total of 21 million possibleThe Bitgrin cryptocurrency network crashed. The miner received 5 billion XBG or almost $ 18 million...

High Volatility in the Cryptomarket: The Prices of BTC, BCH and ETH Are on The Rise

4 Jun 2020 1 minute read 1 comment trebol11

After several days of high volatility (and price increases) we see the crypto market slowing down a bit with a bitcoin that kept yesterday's values and altcoins with slight upward movement. Bitcoin price attempts to stabilize after the recent sharp s...

Will Bitcoin give Altcoins a chance to open their season

4 Jun 2020 1 minute read 3 comments World Crypto

Since May 14, the Bitcoin dominance index has been falling along the downward resistance line and is starting to show signs of a reversal. However, while the index remains under this resistance, the trend will be considered bearish. Trader @TheEWguy...

Is Hive Ready For A Turnaround?

7 hours ago 2 minute read 0 comments cwolfe211

It's no secret that many altcoins (such as Hive) show a large amount of price appreciation in correlation to the rising of Bitcoin. If you receive price notifications from platforms like Coinbase, you may have seen that the rising price of BTC has a...