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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 Near $60K Support; Faces Resistance at $63K-65K
Short-term indicators suggest limited downside into Asian trading hours.
Why Are We Still Debating Whether Craig Wright Is Satoshi?
A bold claim and a little financial backing can get you a lot of media mileage – even when nearly nobody believes you.
Genesis Volatility CEO on Crypto Markets Tumbling as Twitter CFO Rules Out Crypto Investment
Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer (CFO) soured the market mood. Greg Magadini, co-founder and CEO of crypto options analytics platform Genesis Volatility, discusses what he sees as bitcoin’s trajectory and trends in the options market.
VanEck Bitcoin Futures ETF Finds Cool Reception
The new investment vehicle, trading under the stock ticker XBTF, jumped into the competition with a lower fee than two similar funds launched last month. But its first-day trading volume was still comparatively anemic.
Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts
Market appeared quite complacent and due for a pullback, observers said.
Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High
Ned Segal’s comments likely provided a reason for traders to take some risk off the table in the wake of the rising dollar and U.S. tax reporting requirement.
AMC Theatres to Accept Shiba Inu Within Two to Four Months
The largest movie theater chain in the U.S. already accepts bitcoin, ether and other cryptos.
