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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 Greed Index Flashes 'Extreme Fear' as Market Drops 10%
Tuesday’s drop from 49 to 25 is one of the sharpest since September and indicative of a quick shift toward overly bearish sentiment.
U.S. Bitcoin ETFs Post Year's 2nd-Biggest Outflows as Basis Trade Drops Below 5%
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
Bitcoin Slides Below $87K to 3-Month Low as Nasdaq Futures Dip, Yen Sparks Risk-Off Fears
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
Bitcoin Slips Under $94K as Stocks Try to Shake Last Week's Jitters
Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.
Strategy Bitcoin Stack Just Shy of 500K Tokens After Latest $2B Purchase
The Michael Saylor-led company used funds from last week's $2 billion 0% convertible note offering.
Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack
The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.
