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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
Is Bitcoin’s Stagnation a Sign It’s Becoming Less Volatile?
Bitcoin is known for its “lurch and lull” cycles, and last weekend’s drop in price is shaping up to be a lull as bitcoin remains stagnant around $55K. CoinDesk’s Galen Moore discusses bitcoin’s volatility and how it compares to other cryptocurrencies and DeFi.
How a Chinese Mining Accident Caused a Bitcoin 'Flash Crash'
Blackouts in China caused by coal plant accidents have been blamed for knocking out the world's biggest bitcoin mining operation in Xinjiang and cutting the global hashrate by nearly 50%. But despite the panic, the Bitcoin network continued to function normally. Jason Les of Riot Blockchain joins "First Mover" to discuss the resilience of the Bitcoin network.
Bitcoin and Ether Hit New All-Time Highs as Tesla Invests $1.5B in BTC and CME Launches ETH Futures Trading
Former Controller of the Currency Brian Brooks and CME’s Director Tim McCourt discuss the hot crypto market and regulatory implications, as fun and games with Dogecoin continues.
What's Scaring the Bitcoin Markets?
Bitcoin's price has been relatively stagnant after taking a nosedive over the weekend due to Twitter rumors and a series of mining accidents in China that impacted the hashrate. What's scaring the markets? Charlie Morris of ByteTree joins "First Mover" to share his thoughts on what's impacting the price of bitcoin and why dogecoin is spiking.
Bitcoin’s Weekend Drop Triggered Oversold Readings
The nearly 15% drop in bitcoin over the weekend triggered oversold ratings on intraday charts. Christine Lee breaks down the data in today’s “Chart of the Day.”
What Caused the Weekend BTC Flash Crash?
Bitcoin dropped nearly 15% over the weekend, triggering oversold readings. BitBull Capital CEO Joe DiPasquale joins “All About Bitcoin” to discuss what caused the sudden drop and what investors are watching now.
Chart of the Day: Privacy Coins Regaining Momentum
Privacy coins are soaring amid greater regulatory scrutiny of cryptocurrencies. Christine Lee breaks down the data in today’s Chart of the Day.
Did a Coal Mine Accident in China Impact the Bitcoin Hashrate?
A series of accidents at Chinese coal mines cut power to several Chinese bitcoin miners, which has made a slight impact on the overall bitcoin hashrate. Christie Harkin explains the situation. Plus, is bitcoin due for a correction, or will the bull market continue?
Paris Hilton Is Obsessed with Crypto and NFTs
Paris Hilton: reality television star, heiress…long-time crypto investor? Paris was an early adopter of bitcoin and ethereum and is now dropping an NFT collection on Nifty Gateway. Is Paris Hilton a genuine crypto enthusiast or opportunist? “The Hash” panel debates.
Reaction to Turkey’s Crypto Payments Ban from Country’s Largest Crypto Exchange
Turkey’s government has banned crypto and other e-money payments amid a national currency crisis. Özgür Güneri, CEO of BtcTurk, Turkey’s largest cryptocurrency exchange, joins “First Mover” to discuss the unfolding situation and how this will impact crypto investments in Turkey and the broader crypto markets.