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



Markets

AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K

Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.

(Markus Winkler/Unsplash)

Markets

Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump

The independent candidate is suspending his campaign for president and removing his name from the ballot in ten "battleground" states.

Bitcoin price 8/23 (CoinDesk)

Markets

Fed Chair Jerome Powell: Time Has Come for Policy to Adjust

Bitcoin rose in the immediate aftermath of his remarks at the Fed's Jackson Hole conference.

Jackson Hole (Joshua Earle/Unsplash)

Markets

First Mover Americas: Will BTC React to Powell’s Jackson Hole Speech?

The latest price moves in crypto markets in context for Aug. 23, 2024.

BTC's price chart. (CoinDesk)

Markets

Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows

Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.

(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Markets

Aave Token Has Beaten the Market With a 45% Price Surge. Here's Why

AAVE has outperformed every other top 100 cryptocurrency by market value in the past four weeks.

Aave is the Finnish word for ghost (Metis)

Markets

First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal

The latest price moves in crypto markets in context for Aug. 22, 2024.

BTC price, FMA Aug. 22 2024 (CoinDesk)

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