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.


The Pros of Casinos Accepting Crypto Payments

11 May 2020 2 minute read 0 comments William Scott

Online casinos usually allow customers to choose between several payment options. Visa and Mastercard are the top most supported options, followed by e-payment services PayPal, Neteller, and Skrill, as well as prepaid cards, such as Paysafecard. Casi...

Price analysis 11, May Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

11 May 2020 1 minute read 0 comments haidernasir

Bitcoin is on a uptrend, while ethereum, litecoin, XRP and BCH is on a downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $8,835.16 at 4:29 PM GMT, with a gain of 1.10% in its price in the previous 24 hours. Bitcoin...

Interest in Bitcoin Options Rises Above $1B

11 May 2020 1 minute read 0 comments Abhi K

Open contracts for Bitcoin (BTC) have hit a record high, after cryptocurrency research company Skew released data on May 8 that showed that Open Interest (OI) in options had gone past $1 billion. The previous all-time high, $970 million occurred on F...

Crypto News Roundup (Bitcoin Halving Edition) (May 11, 2020)

11 May 2020 2 minute read 0 comments takitachibana

As of May 11, 2020 (6:55 pm PH Time): Bitcoin is $8,791 (-0.02%) Ethereum is $188.91 (-0.98%) XRP is $0.195 (-1.95%) We are less than 24 hours before the Bitcoin Halving. An event that cuts the supply of Bitcoin in half every 4 years. There...

aelf-the Pioneer decentralized Cloud Computing Blockchain with real world solutions

11 May 2020 3 minute read 1 comment Shehara

What is aelf? aelf describes everything about computing cloud system where it is considered to be one of the most timely requirements of the world. Blockchain mechanism has always come up with new solutions for the currency issues in different indust...

BITCOIN & THEN CRYPTOCURRENCIES #1

11 May 2020 7 minute read 2 comments spoilt

I remember back in the 90´s when companies like EBAY, AOL, E-TRADE, NETSCAPE and many others came to the scene of stock markets and made a revolution with a day to day high volatility at the time and crazy profits in a day.  There was a lot of SPECUL...

Bitcoin Mining Profits Soar Higher Amidst Halving Optimism

11 May 2020 3 minute read 0 comments Edward Moon

The year 2017 saw a tremendous amount of hype drawn by the term “Bitcoin” and crypto-markets filled with an equally exceptional action-packed activity. Ridiculous amounts of investments were hurled towards different cryptocurrencies as Bitcoin touche...

11 May: Happy Halving!

11 May 2020 1 minute read 0 comments TheCryptoCurator

Happy Halving Day Crypto Peeps! It's Monday and we are red across the board AND $USDT has officially flipped $XRP. We do live in interesting times. The Bitcoin halving is here...Are you ready?! Halving hype drives second-strongest spot volume on reco...

Crypto Website Review: Coinadster

11 May 2020 2 minute read 0 comments Schire

The quarantine is still not over and along with my prayers that all of you are doing well, I would also like to share with you one of the crypto websites that I've been trying since this quarantine has started. This site is called Coinadster. If you...

Bitcoin Price Charts Hint at Sub-$8K After Halving Hype Fades

11 May 2020 4 minute read 0 comments Tokenhell.com

Bitcoin is not out of the woods after a wild weekend selloff and risks more downside as the much-anticipated BTC halving event is about to pass. The price of Bitcoin (BTC) touched $10,000 last week but crashed more than $2,000 from Saturday to Sunday...