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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
SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security
Gensler was responding to CNBC's question on whether the SEC chair was "warming up to top-tier crypto?"
Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Conflux (CFX) saw an 18% rise following news of liquidity injection by the People's Bank of China, with traders focusing on assets perceived as 'China beta' like CFX. PLUS: Bitcoin ETF inflows continue and dog-themed memecoins catch a bid.
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.
Bitcoin Jumps Over $64K on China Stimulus; IBIT Options Could Provide Longer-Term Boost
Asian markets roared higher and gold notched another record following another round of Chinese fiscal and monetary stimulus.
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
The latest price moves in crypto markets in context for Sept. 26, 2024.
Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.
Protocol Village: BitcoinOS, Bitcoin Layer-2 Project, Open-Sources 'BitSNARK' Verification Protocol
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 19-25.
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
Smaller bitcoin investors and reduced liquidity signal potential for continued price growth
U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels
Expansionary policies by not just the Fed, but other global central banks, appear to be fueling asset price appreciation.
