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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
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
Lame price action has apparently caused crowd sentiment to be in negative territory for four straight weeks, a sign that may spell relief for bulls in the near term.
Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.
First Mover Americas: Bitcoin Falls Below $64K Following $900M in ETF Outflows
The latest price moves in crypto markets in context for June 21, 2024.
Bitcoin ETFs Post $900M in Net Outflows This Week
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.
Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K Calls
Demand for BTC calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.
Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M
The company now holds 226,331 bitcoins worth just shy of $15 billion.
First Mover Americas: Crypto Assets Rally With BTC Returning to $66K
The latest price moves in crypto markets in context for June 20, 2024.
VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
