Michael Ndu-okeke

3 weeks ago | crypto-news.net | Michael Ndu-okeke

Bitcoin, the flagship cryptocurrency, is the leading digital asset by market capitalisation and dominance. Its legal status is dependent on the jurisdiction in which it is located. As the foremost digital asset, Bitcoin serves as both a store of value and a means of exchange. Countries such as El Salvador and the Central African Republic have officially recognised it as legal tender, thereby granting the digital asset full legal status.

3 weeks ago | crypto-news.net | Michael Ndu-okeke

Bitcoin is a blockchain and cryptocurrency created by Satoshi Nakamoto in 2008. Bitcoin began with the release of its White Paper, “Bitcoin: A Peer-to-Peer Electronic Cash System,” which detailed a new global financial system powered by digital assets. Since its launch in 2008, Bitcoin has surged from less than $1 to $84,000 at the time of writing, representing a staggering 7,000,000 percent increase.