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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 Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
BTC has shown no signs of life, but a volatile price move is likely.

Consider Digital Assets Instead of Still-Pricey Real Estate, Say JPMorgan Strategists
Nikolaos Panigirtzoglou and team mull the outlook for crypto following the Terra collapse.

As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

First Mover Americas: Bitcoin Struggles to Hold $30K Ahead of Fed Minutes
The latest moves in crypto markets in context for May 25, 2022.

First Mover Asia: Bitcoin Dominates but Altcoins Lurk
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

Market Wrap: Cryptos Decline Amid Bearish Sentiment
The bitcoin Fear & Greed Index reached its second-lowest record fear level in history. Analysts expect a period of lower returns.

Bitcoin’s Correlation to Leading Crypto Assets Recovers
Noelle Acheson, head of market insights at Genesis Global Trading, discusses her crypto markets analysis and outlook, sharing insights into bitcoin’s correlation to leading crypto assets and traditional markets after Terra’s collapse. Plus, lessons learned from previous bear market cycles.
