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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years
The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. "The Hash" panel explains the impact of inflation on the global economy and what it means for the crypto market.
VanEck Exec.: ‘2021 Was the Year of Smart Contracts’
Bitcoin is climbing back up after suffering a steep sell-off Thursday. VanEck Head of Digital Assets Matthew Sigel shares insights into the bitcoin price movement and gives his bitcoin price outlook for the end of the year.
Bitcoin Dominance Approaching Lowest Level Since June 2018
New data reveals bitcoin’s dominance is nearing a record low to levels not reached since June 2018. Meanwhile, ether’s dominance continues to climb higher. What are the potential factors explaining ETH’s upward trajectory? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Arca CIO: ‘Bitcoin Could Go 1000% or 10x From Here’
Bitcoin continued to struggle below the $50,000 resistance level Thursday and is down about 6% over the past 24 hours. Arca CIO Jeff Dorman discusses why he still remains a bullish outlook, adding “bitcoin could go 1000% or 10x from here.”
What’s Driving Bitcoin Lower?
Bitcoin buying activity remains weak despite several oversold signals on the charts. Prime Trust Chief Financial Officer Rodrigo Vicuna discusses his take on the potential catalyst behind BTC’s short-term downtrend and the possible impact of mining on price movements. Is a “Santa Rally” still possible?
A pegada de carbono da criptografia pode impedir a adoção: Deutsche Bank
“A mineração de apenas um Bitcoin consome uma pegada de carbono maior do que quase 2 bilhões de transações Visa”, disse o banco.
Resumo do mercado: Bitcoin cai com calote da Evergrande da China, desempenho superior da Altcoin pode desaparecer
Os investidores podem começar a migrar para o Bitcoin, indicando menor apetite por risco.
