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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 Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.
Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months
The price fell to $18,680 on Tuesday, a point not seen since late June.
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.
How Will Ethereum's Shift to PoS Affect Bitcoin?
"Ethereum aims to be a global settlement layer, that being everything can settle on Ethereum, even bitcoin included in the far future," says core developer Preston Van Loon. He breaks down how the Merge will potentially impact Bitcoin's proof-of-work consensus mechanism.
First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears
The latest price moves in crypto markets in context for Sept. 6, 2022.
First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices
Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.
First Mover Americas: Bitcoin Languishes Below $20K as Energy Crisis in Europe Worsens
The latest price moves in crypto markets in context for Sept. 5, 2022.
Parabolic Bitcoin Bull Run Likely After Dormant Coin Supply Peaks, Past Data Suggests
Dormant supply peaks are springboards for upwards price action, one observer said.
Bitcoin in Accumulation Phase Despite Macro Headwinds, On-Chain Data Indicate
The data suggest the long-term growth outlook for the oldest cryptocurrency remains bullish, analysts said.
