Bitcoin

Bitcoin (BTC, ₿) is the first decentralized digital currency and the first cryptocurrency in the world, that doesn’t need any banks or administrators, because it has the peer-to-peer network.  

Bitcoin network nodes verify all transactions due to the use of cryptography and recorded in a public distributed ledger called a Blockchain. 

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. 

The Bitcoin cryptocurrency token can be received as a reward for a process called bitcoin mining. Or one can sell BTC tokens or exchange for other currencies (including cryptocurrencies, fiat and coupons), products, and services.

Bitcoin has many positive benefits against other currencies. Bitcoin’s price is determined not by the central banks but by the ordinary people. And Bitcoin price is highly volatile.

The World's Top 10 Companies Could Be Interested in Cryptocurrencies
Sep 24, 2021 at 10:30
News
The World's Top 10 Companies Could Be Interested in Cryptocurrencies
Cryptocurrencies seem to be of interest not only to retailers, but also to big companies. The largest companies in the world are already involved in cryptocurrencies or could soon enter the industry.
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
Sep 23, 2021 at 13:10
News
El Salvadorans Embrace Bitcoin Despite Problems with the National Wallet
Despite reported issues with Chivo wallet, the citizens of El Salvador actively embrace bitcoin as their second national currency. About 25% of the population shifted to cryptocurrency including Bitcoin (BTC).
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
Sep 23, 2021 at 12:16
News
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.
Bitcoin Struggles to Sustain Above $44,000 as It Reaches Overbought Region
Sep 23, 2021 at 09:48
News
Bitcoin Struggles to Sustain Above $44,000 as It Reaches Overbought Region
The bitcoin (BTC) price is encountering resistance at the $44,000 level today. Buyers are pushing the cryptocurrency to previous highs after bitcoin fell to a low of $40,255.
Bitcoin Plunges to $44,000 Low; Risks Further Decline if It Loses Current Support
Sep 20, 2021 at 09:11
News
Bitcoin Plunges to $44,000 Low; Risks Further Decline if It Loses Current Support
The price of bitcoin (BTC) has fallen to a low of $45,117 after being pushed back from a high of $48,800. The cryptocurrency has fallen into the bearish trend zone after dropping below the moving averages.
Weekly Price Analysis: Total Cryptocurrency Market Gains by 6% in 7 Days
Sep 19, 2021 at 10:10
News
Weekly Price Analysis: Total Cryptocurrency Market Gains by 6% in 7 Days
In the last 7 days, the total cryptocurrency market cap has increased by about 5.7% (from $2.074T to $2.114T). As of the weekend, the total crypto market capitalization stands at $2.114 trillion. During the week, it recorded a low of $1.902T and a high of $2.2T.
Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
Sep 18, 2021 at 11:40
News
Chivo Users Continue to Experience Difficulties Despite the President Saying Everything is Fixed
It seems that the introduction of Bitcoin in El Salvador is not going as smoothly as expected. Although President Bukele publicly assured citizens that the problems with the Chivo wallet have been fixed, users are still reporting issues.
Bitcoin Recovers and Breaches the $48,000 Resistance, Targets $50,000
Sep 16, 2021 at 09:06
News
Bitcoin Recovers and Breaches the $48,000 Resistance, Targets $50,000
The price of Bitcoin (BTC) has been on a positive trend after the cryptocurrency broke through resistance at $48,000. Today, buyers maintained the bullish momentum above the $48,000 support.
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
Sep 14, 2021 at 11:43
News
The Central Bank of Russia is Taking Measures Against Bitcoin Payments
The Central Bank of Russia (CBR) has drawn up the Strategy on Financial Market Development by 2030, which makes clear its opposition to the cryptocurrency.
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