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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: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
The latest price moves in crypto markets in context for Nov. 27, 2023.
Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
Traders expect the Fed to cut rates by 100 basis points next year, weakening the dollar and incentivizing risk-taking in crypto and traditional markets.
Bitcoin Eyes $40K After Breaching $38K for First Time Since May 2022
Bitcoin has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks.
First Mover Americas: Bitcoin Touches $38K on Quiet Holiday Weekend
The latest price moves in crypto markets in context for Nov. 24, 2023.
Bitcoin's Hashrate War Between Antpool and Foundry Intensifies as BTC ETF Nears
The Bitcoin hashrate has been climbing steadily all year, and Antpool has edged ahead of Foundry while stockpiling bitcoin.
Bitcoin's 3-Week Consolidation Under $38K Has Bullish Undertone
The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.
Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History
Antpool mined the block and the sender's wallet was set up just minutes before the transfer.
First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K
The latest price moves in crypto markets in context for Nov. 23, 2023.
