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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
Ongoing Profit-Taking Could Slow Bitcoin's Move to Record High
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.
First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
The latest price moves in crypto markets in context for Oct. 17, 2024.
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet.
Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland
Paris-based Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.
Asia's Elite Embrace Crypto, Foresee Bitcoin at $100K by Year-End
Digital assets have emerged as an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies versus 58% in 2022.
Gold Arrives on 'Digital Gold' as Bitcoin Gets Tokenized Version of the Metal
Bitcoin, the cryptocurrency, is often referred to as "digital gold," but now it is possible to mint and trade physical gold on the Bitcoin blockchain via the Ordinals protocol – essentially encoding ownership of the yellow metal into an NFT.
Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K
Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month.
Protocol Village: Team Behind Mento, EVM for Stable Assets on Celo, Raises $10M, Publishes Roadmap
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 10-16.
History Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards
Bitcoin could move 10% in either direction on the outcome of the U.S. election, according to one analysis.
Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports
The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.
