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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
Market Wrap: Cryptos Are Higher After a Volatile Week
Some analysts remain cautious and expect lower price returns for bitcoin over the next few months.
Bitcoin Oversold, Crypto Fear and Greed Index in ‘Extreme Fear’ Territory
The cryptocurrency fear and greed index remains in “extreme fear” territory according to FxPro, but ignores the optimism in recent hours. Meanwhile, BTC appears to be oversold on the charts, which typically precedes a short-term upswing in price. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse
A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.
Bitcoin Oversold, Resistance at $33K-$35K
BTC is on track for its first consecutive seven-week decline.
Grayscale Bitcoin Trust Discount Widens to All-Time Low of 30.79%
The fund is one of the few ways for stock traders in the U.S. to gain exposure to the price movements of bitcoin.
First Mover Americas: Bitcoin Holds $30K After Turbulent Week, Altcoins Trade Up
The latest moves in crypto markets in context for May 13, 2022.
Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos, Sentiment Remains in 'Extreme Fear'
Crypto market cap rose more than 13% in the past 24 hours even though inflation concerns persist.
Crypto-Related Stocks in Asia See Volatile Trading Amid Bitcoin Recovery
Traditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week.
