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.

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...

Volatility Is As Volatility Does

18 Feb 2024 2 minute read 0 comments hifi.bitcoin

2024 seemingly got off to a rocky start: after a long climb from a USD value of $16,000 in January of last year to nearly $46,000 during the first week of this year, Bitcoin experienced a precipitous drop, losing over ten percent of its value in USD...

Thinking of Moving? Top 3 Countries Where Crypto Gains Are Tax Exempt

16 hours ago 1 minute read 0 comments LocoSocioCrypto

If you're anything like me, you love travelling the world and seeing new places. I've been fortunate enough in my life to have lived in 4 different countries and am currently in the process of moving to my 5th country! So today, I wanted to offer a f...

19 Feb: Snowden

19 Feb 2024 1 minute read 1 comment TheCryptoCurator

"There are many ways of going forward, but only one way of standing still."-Franklin D. Roosevelt Powered by Wubits - don't pay to "Xweet," get paid to engage.  Top Performing Assets (24 Hours): $ETH 4.04% | $DOGE 3.41% | $SOL 2.44% READ Happy Monday...

OpenAI Reaches A Valuation Of $80 Billion After Its Latest Agreement.

19 Feb 2024 3 minute read 2 comments CryptoEntrepreneurs

OpenAI, the artificial intelligence (AI) company founded by a group of tech visionaries including Elon Musk, Peter Thiel and Reid Hoffman, has seen its valuation skyrocket to $80 billion or more, the New York Times reported on Friday, citing to sever...

No Perma Bears in Crypto

18 Feb 2024 2 minute read 0 comments idiosyncratic

The growth of technology and the advancements in the Artificial Intelligence world clearly sign that the next big thing is already here in front of our eyes. The adaptation of AI, blockchain and VR technologies into our lives has been astonishingly t...

Ethereum, what next?

6 hours ago 1 minute read 0 comments theliondefi

Ethereum yesterday reached 3k. Now what? In terms of pricing I expect it to go down a little bit in the next few months (not financial advise) It terms of the project it seems that supply is going lower and lower (burn mechanism) Also Ethereum Denc...

20 Feb: $ETH cracks $3K!

20 Feb 2024 1 minute read 3 comments TheCryptoCurator

"Little minds are tamed and subdued by misfortune; but great minds rise above them." –Washington Irving Powered by Wubits - don't pay to "Xweet," get paid to engage.  Top Performing Assets (24 Hours): $XRP 1.11% | $ETH 0.47% | $BNB 0.30% READ Happy T...

Understanding Digital Assets: The Basics of Crypto Investing

20 Feb 2024 4 minute read 0 comments Gryphonboy

With Bitcoin tracking over $50k and Ethereum closing in on $3000 it's definitely an exciting time to start learning about cryptocurrency and exploring opportunities in this emerging space. If you are new to crypto and investing and want to know how t...

'Bitcoin For Everything', Let's MRP In Sats

19 Feb 2024 2 minute read 1 comment Coins Reporter

Just wondering out of curiousity or confusion but above all I'm uplifted every time by the thought when shall we start putting MRP in Sats (Satoshis)? As a bitcoiner, I always want that I shouldn't always bother to interact with Fiat when I need to b...