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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
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
The news seems likely to further cement ideas that the Fed will trim rates just 25 basis points at its next policy meeting in November.
First Mover Americas: Bitcoin Bounces From $60K
The latest price moves in crypto markets in context for Oct. 4, 2024.
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
Bitcoin ETFs Register Net Outflows for Third Straight Day
Both bitcoin and ether spot ETFs bleed money as geopolitical tensions weigh over risk assets.
Polymarket Bettors Say HBO Documentary Will Name Len Sassaman as Satoshi Nakamoto
Polymarket bettors are also confident that this won't be the smoking gun.
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical risk and the upcoming U.S. election are likely to reinforce the 'debasement trade,' to the benefit of both bitcoin and gold, the report said.
Bitcoin Set for Unusually Busy Weekend After Friday's Payrolls Data, Volatility Kink Indicates
BTC's implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Most gains for bitcoin come in the latter part of the month.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.
Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.
