Efforts to expand Bitcoin’s functionality for payments, smart contracts and Web 3.0 are well underway, opening the door to wider mainstream adoption.
Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed.
Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon.
The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm.
At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change?
The technical analysis tool is popular amongst crypto traders hopeful of securing an insight in the markets psyche.8729
The veteran Bitcoin bull says he’s not “nervous” about crypto on the back of the institutional investor demand he has witnessed.11375
Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said.3150
Attention is set to refocus on America following the Evergrande debacle as Gary Gensler talks to mainstream media.14342
Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.”5310
Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens.5246
Initially supporting only BTC and ETH, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins.3377
Bitcoin miners appear reluctant to sell their BTC as the hash rate increases despite the recent sell-off.5167
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn’t deterring pro traders from buying the BTC dip.20878
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone.8038
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month.8999
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.22765
However, the lack of statistical correlation between inflation and crypto prices has not deterred many investors from viewing the asset in this way.5728
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas.2201