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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
Protocol Village: MultiversX Reports That Tech Enthusiast Set Up Testnet Node on Smartphone
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 31-Nov. 6.
Trump Wins, Bitcoin Unlikely to See Big 'Sell-The-Fact' Price Drop: Omkar Godbole
While sell-the-fact price slide looks unlikely, traders still need to watch out for the other side of the Trump trade – hardening bond yields and rising dollar index, says CoinDesk analyst Omkar Godbole.
First Mover Americas: BTC Hit All-Time High as Trump Closed In on Victory
The latest price moves in crypto markets in context for Nov. 6, 2024.
Bitcoin, Solana Hit New Cycle Highs Against Ether as Trump Edges Closer to U.S. Presidency
Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.
Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
Bitcoin's 'Coinbase Premium' Jumps to Two-Month High as Prices Top $74K Amid Trump's Early Lead
Associated Press has Trump leading the electoral map 101 to 71.
Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?
Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.
