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.


ECB Claims Bitcoin Is Becoming Irrelevant... Is It?

30 Nov 2022 1 minute read 1 comment busyjordy

CRYPTO CORNER EPISODE 560 Market Analysis, Updates, News & Reviews The European Central Bank Attacks Bitcoin... AGAIN. In an op-ed, two economists claim Bitcoin is on its way to becoming IRRELEVANT. I counter this opinion and give you some context to...

Lawyers Tell Bankruptcy Court $1 Billion Is Owed to BlockFi from FTX and Alameda

30 Nov 2022 2 minute read 0 comments kev_nag

***This article is an update to a prior article published November 28, 2022: Nagoda, K. BREAKING It’s Official - As Anticipated BlockFi Files Chapter 11 Bankruptcy. (Accessed November 30, 2022)]. A portion of the Bankruptcy proceedings ‘first day hea...

Swan Bitcoin CEO Cory Klippsten: Etherium Will Eventually Blow Up

30 Nov 2022 2 minute read 1 comment SweptOverNiagara

The founder and CEO of Swan Bitcoin Cory Klippsten sat down for a discussion with Michelle Makori, lead anchor and editor-in-chief at Kitco News. He had some choice words regarding Etherium. He suggests that altcoins like Ether and Solana are 'shitco...

on the "road to irrelevance" (LOL)

30 Nov 2022 1 minute read 1 comment toofasteddie

Lately, the central banks are attacking us taking advantage of the disasters that have occurred in the crypto world in recent months.News does not stop coming out about the next irruption of CBDCs (Central Bank Digital Currency) and the tests that so...

Gold Cash(GOLD): Luck Comes to all who are Prepared

30 Nov 2022 2 minute read 3 comments Eddyc

    Greetings Friends;   This article is just informative where I will write about an advance of the Gold Cash(GOLD) project where it will be listed on the Txbit.io exchange, a platform that has been growing with the adhesion of large projects and w...

30 Nov: Big Things Are Happening

30 Nov 2022 3 minute read 5 comments TheCryptoCurator

"Do what you can, with what you have, where you are." –Theodore RooseveltPowered by Forward - Finally, a doctor dedicated to your long-term health FOLLOW DAT MONEY! $7B ANALYZING CYCLES WITH FIBOSWANNY READ Guess What Day it is? HUMPDAY! With all the...

Dogecoin rises on Elon Musk's far-reaching plans

30 Nov 2022 1 minute read 0 comments Stormgain

Dogecoin is seeing 45% growth in Q4, which is the best result among highly-liquid instruments. The positive movement is related to Elon Musk's purchase of Twitter and his plans to create a financial platform, X.com, and a smartphone free of Google an...

Buckle Up - Charts That Aren't Pleasant

30 Nov 2022 2 minute read 0 comments davidgyoung

No surprise to anyone here that things are quite a bit rocky.  Well, here's a few charts not intended to brighten the mood at all.  CDS Spreads for Credit Suisse bank just vaulted again in a parabolic fashion to new highs above 400 bps.  This is well...

What Happens To L1 Tokens Today? (30 Nov 2022, Wednesday)

30 Nov 2022 11 minute read 1 comment quantdoge

"What happens to L1 Tokens today?" is a crypto news curator that curates high-quality and insightful Layer-1 Token news for you daily. Here are the news for you today. Recently, we have just launched a news sentiment analysis tool that utilizes mac...

Brazil has just officially recognised Bitcoin as a means of payment

30 Nov 2022 1 minute read 0 comments crypto_albert

Yesterday, lawmakers in Brazil approved a package of regulations for cryptocurrencies. Bitcoin has been regulated as a means of payment. The provision falls within the broader framework of the virtual assets of the South American country and...