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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 Climbs Above $60K After Report That SEC Won’t Block Futures ETF
The key cryptocurrency’s price touched $60,300 Friday.
Bitcoin Spikes After Bloomberg Reports SEC Won’t Block Futures ETF
Bitcoin rallied Friday following reports that a bitcoin futures ETF is likely to clear the U.S. SEC. Omer Ozden, CEO of New York-based merchant bank RockTree Capital, discusses his crypto markets analysis and outlook. Plus, his take on the impact of China’s crypto crackdown on trading in Asia.
Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
The firm’s first upside target for bitcoin is close to $61,000 and then the highs from earlier this year of around $64,860.
Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins
Analysts see strong fundamentals for alternative cryptocurrencies.
Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding
Short-term puts are trading at relatively higher prices than calls, signaling nervousness in the crypto market.
Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding
Bitcoin showed signs of exhaustion after the minutes from the Federal Reserve’s September meeting, released late Wednesday, flagged inflation concerns and revealed growing support for a faster unwinding of stimulus. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable
Crypto is increasingly interconnected in the global financial system, regulators warn. But the potential knock-on effects of a crypto market collapse would be of their own making.
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Products
The four-member alliance is already working on products to boost financial inclusion with bitcoin in the Central American country.
Stacks Foundation, Brink to Fund Bitcoin Development Fellowship Using ‘Stacking’ Rewards
The organizations estimate they will raise $165,000 over one year.
Strike Users in US Can Now Get Paid in Bitcoin
Tested with professional athletes, the service is now widely available in 48 U.S. states.
