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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
First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
The latest price moves in crypto markets in context for April 15, 2024.
Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.
Bitcoin Price Recovery Lacks Whale Participation, Onchain Data Show
Blockchain analytics firm IntoTheBlock's "large holder netflow" indicator shows whales are yet to resume accumulation.
Bitcoin From Rare 'Satoshi Era' Moves After 14 Years of Dormancy
The miner earned 50 bitcoin in April 2010 during the network’s early weeks and has held on to them for the entire time.
Bitcoin Back in Green as Crypto Market Awaits Hong Kong Spot ETF Decision
The market has shaken off concerns of escalations between Iran and Israel as the U.S. appears to have talked Israel out of a counter-attack.
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report.
Why Bitcoin Halving Calculators Are Out of Sync
The famously pre-planned, programmatic event, currently predicted for April 19, is surprisingly hard to predict at minute scales.
First Mover Americas: BTC Holds Stable at $70K
The latest price moves in crypto markets in context for April 12, 2024.
