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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 Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst
The crypto is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent it down nearly 2%.
Protocol Village: Crypto VC Funding in 3Q Down Nearly 75% From Year Earlier: FundStrat
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.
U.S. Added 336K Jobs in September, Nearly Doubling Expectations; Bitcoin Slips 1%
The unemployment rate was unchanged at 3.8%.
First Mover Americas: Ether ETFs Struggle to Gain Traction in First Week
The latest price moves in crypto markets in context for Oct. 6, 2023.
Bitcoin at 'Risk of Falling,' Ether ETFs Lackluster Performance Dismays Traders
Data shows that broader crypto markets lost just under 1% in the past 24 hours.
Bitcoin Enters ‘Quiet Bull Market’ as Safe Haven from Bond Market Turmoil, Analyst Says
Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off.
Crypto for Advisors: Waiting for the Next Crypto Bull Market? It’s Already Here.
Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.
First Mover Americas: DOJ: SBF’s Crypto Empire Was Built on a Lie
The latest price moves in crypto markets in context for Oct. 5, 2023.
