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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
CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits
Exchanges enforce positions limits to keep a single entity from establishing unilateral control over the market.
Bitcoin Bull Market Has Plenty of Steam Left, Indicators Suggest
While the bitcoin market valuations may not be cheap, they do not appear overstretched either.
Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
The Wall Street bank is trying to pinpoint the fuel behind bitcoin’s latest rally.
Total Crypto Market Cap Surpassed $2.7T For the First Time
Amid bitcoin's rally to a new all-time high Wednesday just under $67,000, the market capitalization for all cryptocurrencies has pushed to a new record of $2.7 trillion. What does that mean for crypto and finance? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Tumbles in Quick Retreat From All-Time High
Joe DiPasquale, CEO of crypto hedge fund BitBull Capital, discusses what to make of bitcoin's biggest price pullback in almost a month in a sharp retreat just a day after reaching a new all-time high price near $67,000. Plus, his views on buying opportunities to watch, bitcoin futures ETFs, areas of investment interest for BitBull, and price predictions.
Apifiny Debuts Instant Transfers for Institutional Crypto Traders
Digital asset marketplace Apifiny is debuting instant transfers of funds for institutional crypto traders Thursday between different crypto exchanges. CEO Haohan Xu discusses insights into the launch, end of year forecast for bitcoin’s price, and advice for investing in bitcoin futures ETFs amid volatility.
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.
Walmart Has Quietly Begun Hosting Bitcoin ATMs
The retail giant is offering bitcoin through 200 of its Coinstar kiosks in a tie-up with crypto ATM firm Coinme. We made sure it’s real.
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