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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
Crypto Fund Inflows Slow After Record Jolt From Bitcoin Futures ETF
The majority of inflows were bitcoin-related, with a total of $269 million pumped into investment funds focused on the original cryptocurrency.
Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process
Hundreds of Salvadorans have reported identity thefts, saying hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele's government. "The Hash" hosts discuss the latest development in El Salvador's rollout of bitcoin as legal tender.
Could the SEC Approve Grayscale’s Bitcoin Spot ETF Next Year?
Grayscale Investments filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Bitcoin Trust (GBTC) into a bitcoin spot ETF, but could it get greenlit this year? Grayscale Global Head of ETFs Dave LaValle shares his insights into the U.S. regulatory landscape and the industry implications of the potential SEC approval on a physically-backed bitcoin ETF. Plus, his views on stablecoins.
Meme Tokens Led ‘Uptober’ as SHIB Mooned 765%
Bitcoin, which jumped 40% in October, wasn’t the only dog in the hunt.
Bitcoin Eyes Fed Meeting After Biggest Monthly Price Gain Since December 2020
Goldman Sachs has moved forward its projection for the first Fed interest rate hike to July 2022.
Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally
ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.
Bitcoin White Paper Turns 13
Bitcoin celebrates the 13th anniversary of the release of the white paper Sunday. CoinDesk's Christie Harkin and Brad Keoun discuss the significance of the milestone, the mainstream adoption of bitcoin, and what the crypto sphere can expect from the king of digital currency next.
Bitcoin’s Next Move Ahead of Options Expiry
A full $3.1 billion worth of BTC options are set to mature Friday, which could be a source of volatility. Currently, the top volume contracts have been around the $60,000 strike price, with calls outweighing puts. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
The Rise of Shib Coin and the State of the Crypto Markets
“All About Bitcoin’s” Week in Review panel weighs in on the major crypto news of the week: bitcoin’s price dip Thursday, the rise of Shiba Inu coin (SHIB), and the booming bitcoin ETF market after the SEC approved various U.S. bitcoin ETFs.