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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 Approaching Resistance Near $52K, Support Between $48K-$50K
Pullbacks appear to be limited given a series of breakouts over the past week.
Market Wrap: Bitcoin at $51K as the Bulls Return
Sentiment significantly improved over the past week, signaling a shift away from market panic.
Bitcoin Rises to $50K, Next Resistance Around $52K-$55K
A decisive breakout above $50,000 could yield further upside toward the all-time high near $60,000, unless buyers start taking profits.
Bitcoin Breaks $50K for First Time in a Month
The gain comes amid a weak start to October for U.S. stocks.
Unstoppable Domains CEO on Bitcoin’s Outlook After September Doldrums
Matthew Gould, CEO of blockchain domain name provider Unstoppable Domains, discusses his reading of the trend of September doldrums in the crypto markets and his “still very bullish” outlook for bitcoin. Plus, his reactions to Facebook’s major outage and the case for Web 3.0.
Bitcoin Breaks $50K for First Time in a Month
Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 Tuesday for the first time since Sept. 7. Travis Kling, founder and CIO of Ikigai Asset Management, discusses his bitcoin analysis and outlook, explaining key patterns he’s continuing to watch.
Crypto Miners Marathon Digital, Hut 8 Rally as Bitcoin Tops $50K
The Bitcoin blockchain’s hashrate has increased, and so has mining difficulty, but investors are betting the largest cryptocurrency’s recent price gains might translate to profit growth.
Bitcoin Briefly Breaks $50K; Is There a Bull Run Ahead?
Bitcoin is trading around $50,000 for the first time since early September as short-term momentum improves. GlobalBlock Head of Trading Grant Whitlock discusses his analysis and outlook for bitcoin’s price action, explaining the potential factors driving BTC higher and predicting levels to watch as indicators of the next bull run.
The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban
Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.