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



Mercados

Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data

Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.

Bitcoin P&L index (CryptoQuant)

Mercados

First Mover Americas: Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived

The latest price moves in crypto markets in context for July 10, 2024.

BTC price, FMA July 10 2024 (CoinDesk)

Mercados

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.

Bitcoin (BTC) price on July 9 (CoinDesk)

Nuevas análisis

It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.

Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.

Saxony, Leipzig (Harald Nachtmann/Getty Images)

Opinión

MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum

There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.

Businessman avoiding handshake between african descent and caucasian businessmen (Getty Images)

Mercados

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress

Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)

Mercados

Bitcoin Steady Above $57K as Germany Moves 6.3K BTC to Exchanges

The German government entity has moved hundreds of millions worth of BTC to exchanges in the past few weeks, contributing to selling pressure and bearish sentiment.

(Allef Vinicius/Unsplash)

Mercados

First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows

The latest price moves in crypto markets in context for July 9, 2024.

BTC price, FMA July 9 2024 (CoinDesk)

Mercados

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

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