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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
The Bullish Fed Rate-Cut Play in Bitcoin Is Not as Straightforward as You Think
At first glance, a Fed interest-rate cut appears to be a bullish signal, but that's not necessarily true.
Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves
Thursday was another big day of transfers to exchanges linked to German authorities, blockchain data shows.
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.
Protocol Village: Tezos-Focused Trilitech Building Prototype of 'Jstz' as JavaScript-Based L2
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.
Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
The latest price moves in crypto markets in context for July 11, 2024.
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
The data is expected to show a continued progress on the inflation front, cementing the case for Fed rate cuts.
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.
