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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
Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.
Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
The price of bitcoin has dipped nearly 15% during the second quarter and altcoins fared even worse.
First Mover Americas: Bitcoin Awaits PCE Inflation Report
The latest price moves in crypto markets in context for June 28, 2024.
Long Dormant Whale Sends $61M BTC to Coinbase, On-Chain Data Shows
The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.
$572 Million Lost to Hacks and Fraud in Q2 -Immunefi
Immunefi says more than $900 million was lost to hacks and fraud this year. In Q2 alone, $572 million was stolen. This represents a 112% increase compared to Q2 last year. Watch Jennifer Sanasie present the "Chart of the Day."
Julian Assange Received $500K Bitcoin Donation From Anonymous Bitcoin Whale
The Wikileaks founders' family quickly set up a site to allow bitcoin donations after a previous crowdfunding page accepted only credit cards and bank transfers.
First Mover Americas: BTC’s Recovery Stalls as Dollar Rallies
The latest price moves in crypto markets in context for June 27, 2024.
