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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 Plunges to $64K as U.S. Tech Rout Hits Crypto, Leads to $250M Long Bets Being Liquidated
BTC nosedived from over $65,500 to $64,100 within minutes in the early hours of Thursday as Asian markets suffered.
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana's SOL and Ripple's XRP were notable outperformers.
Protocol Village: Hemi Labs Announces 'Hemi' as Modular L2 Focused on Interoperability Between Bitcoin, Ethereum
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.
First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
The latest price moves in crypto markets in context for July 24, 2024.
Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility
Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.
Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
Bitcoin Bulls Beware as 'Doctor Copper' Slides Against Gold
"Doctor copper" is losing ground against safe haven gold, signaling economic weakness and risk aversion on the horizon.
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.
First Mover Americas: Ether Little Changed After Spot ETF Approval
The latest price moves in crypto markets in context for July 23, 2024.
Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees
One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.
