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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's Retreat From $70K Characterized by 'Vol Lethargy'
Deribit's BTC DVOL index, a measure of volatility expectations, has slipped to its lowest since early February.
First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows
The latest price moves in crypto markets in context for July 2, 2024.
Bitcoin's Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests
Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, FalconX's David Lawant noted.
Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord
Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.
First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles
The latest price moves in crypto markets in context for July 1, 2024.
Metaplanet Buys Another $1.2M Worth of Bitcoin as Investment Strategy Progresses
The Japanese investment adviser said it acquired more than 20.2 BTC.
Bitcoin's Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin's price.
Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
The price of bitcoin has dipped nearly 15% during the second quarter and altcoins fared even worse.
First Mover Americas: Bitcoin Awaits PCE Inflation Report
The latest price moves in crypto markets in context for June 28, 2024.
