- Back to menuNews
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menuSponsored
- Back to menu
- Back to menu
- Back to menuResearch
- Back to menuWebinars & Events
- Back to menu
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
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected
The latest price moves in crypto markets in context for July 13, 2022.
Bitcoin Briefly Dips Below $19K; Ether Drops Sharply After US Inflation Report
The total crypto market capitalization is down nearly 2.5% in the past 24 hours.
US CPI Preview: Inflation Likely to Climb to New 40-Year High
A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.
Long-Term Bitcoin Investors Stick It Out as Speculator Selling Drives Prices Lower: Coinbase
"Holders are less likely to sell BTC during turbulent periods," the crypto exchange said.
First Mover Asia: There's No Universally Accepted Way to Value Three Arrows' NFTs
CoinDesk's Sam Reynolds examines alternate methodologies for valuing the beleaguered crypto hedge fund's NFT collection. Bitcoin slides for a straight fifth day, and doubts are forming over whether the market has hit a bottom.
Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure
Also, some analysts believe bitcoin’s recent dips show the price level is not as critical anymore.
Jobs Growth Is the Savior of Inflation-Wracked US Economy
Economists say robust employment complicates the recession outlook.
