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.

Bitcoin and Ethereum Regain Their Value After a Drop Triggered by CoinMarketCap
Apr 08, 2021 at 15:09
News
Bitcoin and Ethereum Regain Their Value After a Drop Triggered by CoinMarketCap
CoinMarketCap has removed a range of South Korean exchanges because they were trading Bitcoin and Ethereum at higher prices. The move has triggered a BTC and ETH price drop. However, now the two flagship cryptos seem to be regaining their value.
Bitcoin Slumps after Losing Its Support Levels, Struggles below $57,000 High
Apr 08, 2021 at 12:29
News
Bitcoin Slumps after Losing Its Support Levels, Struggles below $57,000 High
Bitcoin price is recovering after falling to the previous low at $55,500. The recent downtrend was a result of the bears breaking the crucial support at $58,000.
Growing Cryptocurrency Investment: the Purchase of 253 Bitcoins Triggered a Price Increase
Apr 07, 2021 at 11:22
News
Growing Cryptocurrency Investment: the Purchase of 253 Bitcoins Triggered a Price Increase
A Virginia-based cloud-based services and mobile apps provider MicroStrategy Incorporated (MSTR) bought another 253 Bitcoin to invest in the booming digital currency industry. The event caused a short-term BTC price increase.
Japan is at the Forefront of Innovation, Making History for the Global Cryptocurrency Community
Apr 05, 2021 at 12:33
News
Japan is at the Forefront of Innovation, Making History for the Global Cryptocurrency Community
There is a theory that Japan is the mother country of Bitcoin. Regardless of whether it is true or not, it was among the first countries to start making virtual currency transactions. Besides, Japan was the first country to solve the problem of double-spending for crypto using the P2P structure.
Bitcoin Price Is on the Downside after Repeated Failure to Break $60,000 Overhead Resistance
Apr 05, 2021 at 11:10
News
Bitcoin Price Is on the Downside after Repeated Failure to Break $60,000 Overhead Resistance
Bitcoin (BTC) price analysis April 5, 2021. BTC is falling as bears attempt to break the $57,000 support. Bitcoin slumped to $56,872 low as bears broke the crucial support at $58,000.
Cryptocurrency Fraud Canada up 400%: 5 Tips for Users to Become Less Vulnerable
Apr 01, 2021 at 13:03
News
Cryptocurrency Fraud Canada up 400%: 5 Tips for Users to Become Less Vulnerable
Bitcoin adoption is growing dramatically in Canada, but the rate of cryptocurrency fraud is also increasing at a worrying speed. Between 2017 to 2020, digital currency-related fraud in Canada rose by about 400%, as per the report by RCMP.
Bitcoin Loses $58,000 Crucial Support, Further Decline to $54,000 Likely
Mar 31, 2021 at 12:57
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Bitcoin Loses $58,000 Crucial Support, Further Decline to $54,000 Likely
Bitcoin plunged to $56,800 low after retesting the $60,000 resistance level twice. In the first retest at the resistance, the market slumped to $58,400 support and resumed a sideways trend.
Prices of BTC, DASH, ETH, BNB, Increases Following TV Interest in Cryptocurrency
Mar 30, 2021 at 15:15
News
Prices of BTC, DASH, ETH, BNB, Increases Following TV Interest in Cryptocurrency
The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.
Bitcoin Reclaims $58,000 Support, Within Striking Distance of $60,000 Overhead Resistance
Mar 29, 2021 at 12:56
News
Bitcoin Reclaims $58,000 Support, Within Striking Distance of $60,000 Overhead Resistance
Buyers have been struggling to break above the $57,000 resistance zone since March 24. On March 25, the BTC price plunged to $50,350 low after testing the resistance zone.
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