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.


What can we learn about the institutional Gold market to abstract for the rapidly evolving institutional Bitcoin market?

2 Mar 2024 5 minute read 1 comment blockchainking

Intro. The argument that a mature Bitcoin market, including access for the largest institutions, should minimally resemble the gold market, has prompted me to create a broader picture of that gold market. Historical facts. Gold, the chemical element...

Bitcoin staking on Merlin: Risk or Opportunity?

22 hours ago 1 minute read 1 comment Cryptofab

I recently stumbled upon this whitepaper about the Merlin Bridge protocol, and it's been quite an eye-opener. The document delves into the challenges and opportunities surrounding cross-chain interoperability, especially between Bitcoin and Ethereum....

Latest Crypto News Roundup: El Salvador's Bitcoin strategy, Snowden's revelations, Morgan Stanley's ETF plans, and Ethereum's Dencun upgrade.

1 Mar 2024 6 minute read 1 comment StealthEX

Discover the latest news from StealthEX and CryptoDaily! We’re excited to present a clear and concise summary of the top stories and movements in the crypto market. Keep up with important developments and influential figures. Curious about the top ne...

02 Mar: Week Recap

2 Mar 2024 3 minute read 3 comments TheCryptoCurator

"The eternal quest of the individual human being is to shatter his loneliness." –Norman Cousins Powered by Wubits - better than X because it's real people, real connections, and real conversations. Top Performing Assets (7 Days): $DOGE 55.88% | $SOL...

Diamond Paws. Who's Got That?

1 Mar 2024 2 minute read 4 comments acesontop

Now that Bitcoin has surged past $60,000 and seems poised to hit a new all-time high sooner than many anticipated, thanks to the staggering demand driven by ETFs, can you imagine snagging Bitcoin for just $1? Even if we had been able to invest $...

Gold Closed At Record High On March 1

3 Mar 2024 2 minute read 0 comments SweptOverNiagara

Although it was reported in the media, there was little fanfare to the fact that gold closed at a record weekly high on Friday, March 1, 2024 at spot $2,082 while April futures also closed at a record high of $2,095. On February 1, gold peaked at $2...

Why You Should Be Wary of cNFTs and Anti-Blockchain Trends

18 hours ago 3 minute read 1 comment RadicalCore

  Imagine this. A world where art, music, books, and in-game items are set free to be exchanged freely in a seamless way between users, regardless of content format and platform. Suddenly, Steam and Amazon are no longer the best places to buy games...

NULS Ecosystem Ignition Program Phase II

1 Mar 2024 1 minute read 1 comment NULS

Build Projects on ENULS and Receive Incentive Since the inception of the NULS main-net, the ecosystem has experienced consistent growth, marked by the establishment of essential tools. The initiative to build the EVM parallel chain, ENULS, has been s...

My Thoughts on Current Markets-96

3 Mar 2024 4 minute read 0 comments Biologist25

Dow Jones tested the Bollinger upper band during the week and received a reaction. Here, it should not fall below 38900's and 39000's in particular. Because it came so close. If it starts to take closings below 39000 or below 38900, we will expect a...

Bitcoin's Aggressive Pre-Halving Pump Debunked, And Why History Won't Repeat This Time...

10 hours ago 3 minute read 2 comments acesontop

Who would have thought back in 2018 that six years forward we would have a hundred billion dollars daily swings in the total market cap of cryptocurrencies? If I remember correctly, $80 billion is where we bottomed back in 2018, and now we've had ove...