Bitcoin

CRYPTO:BTC
$100,081.00
2024-12-04 21:45:02 ET

Bitcoin is a digital currency created in 2009 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. It operates on a decentralized network, allowing users to make peer-to-peer transactions without the need for intermediaries like banks. Transactions are recorded on a public ledger called the blockchain, maintained by a network of miners who validate and secure transactions through cryptographic algorithms. Bitcoin's supply is capped at 21 million coins, making it deflationary by nature. Its value is determined by market demand and supply dynamics, resulting in significant price volatility.

Bitcoin is lauded for its potential to revolutionize finance by offering greater financial inclusion, lower transaction fees, and resistance to censorship and inflation. However, it faces criticisms for its environmental impact due to the energy-intensive process of mining, scalability issues, and its association with illicit activities on darknet markets. Despite these challenges, Bitcoin has garnered mainstream acceptance as an investment asset and payment method, with numerous businesses and individuals adopting it worldwide. Its underlying technology, blockchain, has also inspired innovations across various industries beyond finance.

BTC Articles

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Key Takeaways: Crypto can be a balanced...
As of 9 a.m. ET, futures are predicting gains across the stock market today. Let’s look at some of the major indexes in premarket trading. Dow Jones Industrial Futures: Up 373 points (.84%)...
Bitcoin (CRYPTO:BTC) is the world’s largest cryptocurrency, and now arguably one of the most important assets to watch. With a market capitalization of more than $1.8 trillion, Bitcoin would be...
The post-election rally in Bitcoin (CRYPTO: BTC) continues to roar. As of 10:15 a.m. ET, Bitcoin is at $96,932. We’re keeping this blog updated with live updates throughout the day tracking whether...
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President Trump’s election victory is leading to a buying frenzy in the cryptocurrency markets. Bitcoin (CRYPTO:BTC) is soaring in value and hit its highest price ever of more than $75,000. That...
Bitcoin (CRYPTO:BTC) is the world’s largest cryptocurrency, and certainly the most notable and closely-watched digital asset in the world. Conceived after the Great Recession as a means for users...
Bitcoin (CRYPTO:BTC) prices have fluctuated quite wildly in recent sessions amid the escalating situation going on in the Middle East. Undoubtedly, top cryptocurrencies, like Bitcoin, may still be...
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Since November 2022, the S&P 500 is up 47% over those 20 months. Its gains in the first half of this year matched those achieved last year. However, the second half of 2024 is off to a rockier...
The Biden administration has been critical of crypto, with banks hesitant, regulators aggressive, and adoption slowing. However, a Trump presidency could shift this landscape. Despite Trump’s...
Former President Donald Trump has shifted from his previous criticism to a more favorable view of cryptocurrencies, recognizing their potential benefits. This change was evident in recent speeches,...
24/7 Wall Street Insights A global economic meltdown is apparently underway, affecting equities particularly, but also impacting cryptocurrencies and commodity prices. A perfect storm of negative...