The price of gold has also been stagnating, but this isn't necessarily bad for "digital gold" Bitcoin.
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?
BCH price has decreased by over 96% in value against BTC over the past three years.6985
Mt. Gox creditors will vote on a proposed draft compensation plan in October.3096
Billionaire investor and Berkshire Hathaway vice-chairman Charlie Munger has once again dismissed the value proposition of Bitcoin.5071
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries.4943
Investors who began their Bitcoin journey three to five years ago have stronger hands than you might think.21290
Bitcoin struggling to break above $51,600 could trigger another big drop in BTC price.14684
Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers.5305
India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban.14806
Blockchain analysts have identified 100 BTC mined in June 2010 that were moved for the first time today.28253
Cross-chain interoperability and lucrative DeFi yield opportunities appear to be supporting the price recovery in Cardano, Matic and Stacks.35017
The total value locked in decentralized finance platforms dropped 16% to $54.4 billion this week, but the quick rebound in DeFi token prices shows traders are not dismayed.17786
January proved significant in terms of Bitcoin futures trading average daily volume for the CME.10242
Bitcoin price is attempting to flip the $50,000 level back to support, while many altcoins are capitalizing on BTC's consolidation by moving higher.24203
Bitcoin's runaway growth in January boosted the global crypto user base by close to 16%, according to an analysis from Crypto.com.10441