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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 Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions
BTC rose Tuesday afternoon as Alphabet and Microsoft first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.
Bitcoin Could Be Poised for a Rebound
Bitcoin’s declining momentum has historically preceded a mild increase in price.
First Mover Americas: Coinbase Seeks Clear Answers From SEC
The latest price moves in crypto markets in context for April 25, 2023.
Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volume
While trading volume in the BTC/TUSD pair has surged over the past four weeks, liquidity remains thin compared with the BTC/USDT pair.
Bitcoin Whales Spook Crypto Twitter With Sudden Wallet Movements
At least four wallets from bitcoin’s early days have seen signs of activity in the past few days.
Bitcoin's 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
A break below the average would call into question the bull market's strength, one analyst said.
First Mover Asia: Crypto Flat as Markets Await Tech Earnings
ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class.
Bitcoin Drops to $27.3K, Ether Edges Toward $1.8K Amid Investors' Interest Rate Concerns
BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says.
Bitcoin Price May Hit $100K by End-2024, Standard Chartered Bank Says
A report from the firm noted that the crypto winter is finally over and bitcoin halving is set to be a positive catalyst for the price.
First Mover Americas: Bitcoin Starts Work Week in the Red
The latest price moves in crypto markets in context for April 24, 2023.
