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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 Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K
BTC's breakout has the market in a state of euphoria, QCP Capital said.
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
Michael Saylor's company surpassed its lofty dotcom bubble highs, now holding over $24 billion worth of BTC in its treasury.
Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
Gold and most of the so-called magnificent seven tech stocks are down on the day.
Why Bitcoin's Record Price Rally May Be Choked Between $90K and $100K?
As bitcoin's ongoing price surge gives off an aura of invincibility, one force threatens to slow the ascent above $90,000.
MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B
The company's bitcoin yield thus far this quarter is 7.4% and over 26% year-to-date.
Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered
A Republican sweep is the best result for the digital assets sector and could bring regulatory and other positive changes, the report said.
First Mover Americas: Bitcoin Hits $82K as Weekend Rally Extends
The latest price moves in crypto markets in context for Nov. 11, 2024.
Pre-Market Trading in U.S. Crypto Stocks Explodes, With MicroStrategy Topping $300
As bitcoin climbs above $82,000, U.S. crypto equities are soaring in pre-market trading, with Semler Scientific leading with a 25% gain.
Where the Demand Comes From as Bitcoin Breaks Through $82K: Van Straten
As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.
Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer
Nansen aims to pave the way for more efficient decision-making in Bitcoin layer 2s empowered by the insights its data and analytics provide
