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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
First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
The latest price moves in crypto markets in context for June 14, 2024.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Here's Why Bitcoin's Not Keeping Pace With Nasdaq
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market
SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.
First Mover Americas: Bitcoin Holds $67K, CRV Slides
The latest price moves in crypto markets in context for June 13, 2024.
MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash
The Nasdaq-listed firm currently holds 214,400 BTC.
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.
