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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
What Fat Tails and Revolutionary Ages Mean for Digital Assets
There are over 20,000 cryptocurrencies in existence. But if history is our guide, only a handful of them will drive the majority of wealth creation.
Bitcoin Jumps Past $25K for First Time Since August
The largest cryptocurrency by market capitalization continued its momentum from Wednesday.
Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources
The early lump sum payment they picked is set to be paid out in September. The option to wait until all Mt. Gox litigations settle could net higher payouts but may take another five to nine years, sources said.
First Mover Americas: Bitcoin Soars to Highest Level Since August
The latest price moves in crypto markets in context for Feb. 16, 2023.
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
The analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities.
Short Trades Make up 90% of $200M in Losses as Bitcoin, Ether Surge
Bitcoin futures saw some $85 million in losses alone, data shows.
First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace Blur, following an airdrop.
Bitcoin Soars Past $24K to Reach 2-Week High
Investors liquidated some $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed.
