One of the largest Bitcoin purchases in 2020 took more than five days to complete.
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?
BTC price trims $1,600 in under two hours thanks to pressure from sellers near $20,000, while Ether also tanks below $600.12403
Wild volatility ensues as Bitcoin attempts to crack $20,000 and futures challenge their own record highs.14845
Three major trends are behind Bitcoin's successful journey to a new all-time high above $19,892.14224
The postponement follows a successful lobbying campaign by local crypto advocates.3445
Net Unrealized Profit/Loss returns to levels that in the past have triggered giant Bitcoin price rises, Glassnode notes.17211
A surge of validators awaiting Eth2 staking has pushed Ethereum’s node count to 11,259 — surpassing Bitcoin by more than 100.21099
Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines.15745
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800.22691
Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher.19746
The exchange’s pilfered funds are on the move once again.26227
Bitcoin price has rallied to new highs on multiple exchanges but it’s yet to break its December 2017 all-time high at Coinbase.25173
Taking U.S. dollar devaluation into account, gold has still not reached the all-time price high it set in 1980.4979
He believes that investors will eventually send Bitcoin’s price over $500,000.5715
A likely "stop-loss run" triggers a one-minute candle to more than $3,000 lower than Bitcoin spot price before a rebound, in extreme volatility.34420