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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 Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
The latest price moves in crypto markets in context for July 11, 2024.
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
The data is expected to show a continued progress on the inflation front, cementing the case for Fed rate cuts.
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.
First Mover Americas: Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived
The latest price moves in crypto markets in context for July 10, 2024.
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.
It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.
MEV Has Spread to Bitcoin, in Subtler Forms Than on Ethereum
There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.
