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 Ready to Move Up, Battles Declining Volatility
Jun 01, 2020 at 10:57
News
Bitcoin Ready to Move Up, Battles Declining Volatility
Bitcoin Bulls have taken the king coin to retest the $10,000 overhead resistance since May 30. Buyers pushed price to the $9,800 resistance zone and were repelled. BTC retraced to $9.400 and resumed consolidation above the current support.
Kazakhstan to Promote Cryptocurrency Mining Institutionalization Bill
May 30, 2020 at 09:49
News
Kazakhstan to Promote Cryptocurrency Mining Institutionalization Bill
A new law to institutionalize Bitcoin (BTC) and cryptocurrency mining will be dealt with in the House of Representatives of Kazakhstan.
China Adds Cryptocurrency to Inheritable Assets
May 30, 2020 at 08:39
News
China Adds Cryptocurrency to Inheritable Assets
According to the new Chinese civil code, the government has included cryptocurrencies such as Bitcoin (BTC) in its legally inheritable list of assets.
Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
May 28, 2020 at 13:11
News
Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
In a call with investors on May 27, Goldman Sachs, the New York-based multinational investment bank and financial services company maligned Bitcoin and cryptocurrencies, saying they are “not assets.” This statement attracted negative reactions from the crypto community.
Bitcoin Holds above $8,600, Makes Upside Correction
May 27, 2020 at 10:42
News
Bitcoin Holds above $8,600, Makes Upside Correction
Since May 24, Bitcoin dropped to $8,669 and resumed fluctuation between $8,600 and $9,000. For the past four days neither the bulls nor the bears have taken advantage of the recent breakdown.
Goldman Sachs is Hosting a Call to Discuss Bitcoin Among Other Economic Issues
May 26, 2020 at 09:34
News
Goldman Sachs is Hosting a Call to Discuss Bitcoin Among Other Economic Issues
Goldman Sachs, the leading global investment banking management multinational firm, is set to host a client call to discuss Bitcoin, inflation, and gold on Wednesday, May 27, at 10:30 am EST according to a leaked invitation letter shared on twitter.
Bitcoin Breaches Critical Support Level, Vulnerable to Further Break Down
May 25, 2020 at 11:33
News
Bitcoin Breaches Critical Support Level, Vulnerable to Further Break Down
Yesterday, BTC made another surprise drop to $8,700 and the support appears to be holding in the meantime. The gradual downward move has been systematic.
50 Bitcoins from the One of Its First Blocks Moved After 11 Years of Silence
May 23, 2020 at 10:18
News
50 Bitcoins from the One of Its First Blocks Moved After 11 Years of Silence
On May 20, an anonymous user moved 50 Bitcoins from a wallet that remained idle since February 2009. The community was in turmoil, while the BTC price dipped instantly. Was that Satoshi Nakamoto?
CME Customers Lean Towards Trading Cash-backed Bitcoin Products
May 22, 2020 at 09:10
News
CME Customers Lean Towards Trading Cash-backed Bitcoin Products
The Chicago Mercantile Exchange (CME), a global derivatives marketplace, revealed that Bitcoin futures investors lean towards cash payments over the physical delivery method they receive in Bitcoin (BTC).
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