What is Bitcoin ($BTC )?

Launched in January 2009, Bitcoin made the headlines for the first time when Satoshi Nakamoto first published its 2008 White Paper. The objective was to facilitate online payments without the involvement of a financial institution. It soon paved the way for BTC, its native decentralized digital currency.

The potential is now evident from every Bitcoin prediction that projects an upward trajectory for the flagship cryptocurrency. As per the Bitcoin definition, it was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”There is also growing optimism following the approval of Spot Bitcoin ETF.

The US Securities & Exchange Commission gave the green light to its regulated investment vehicle in January 2024, now considered one of the pivotal moments in the adoption of cryptocurrencies.

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