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

Merkado

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.

Ni Stephen AlpherAgo 23, 2024

Mga Podcast

From Gold to Crypto: Dan Tapiero on Global Market Trends

Ni Helene Braun, Jennifer SanasieAgo 23, 2024

Key Bitcoin Support Levels to Watch as Volatility Rises

Merkado

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.

Ni Omkar GodboleAgo 23, 2024

Mga Podcast

Babylon Launch Pumps Fees, Bitfarms Merges with Stronghold, Public Miner Q2 Numbers, and the IMF’s (not so Modest) Tax Proposal

Ni William FoxleyAgo 23, 2024

Wealth Optimization Strategies For Bitcoiners

Merkado

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.

Ni Shaurya MalwaAgo 23, 2024