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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
Elevated Ether Volatility Expectations May Be Unfounded
The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Hashrate for the Bitcoin network typically flattens or declines during North American summer time, industry experts say.
MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says
Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.
First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected
The latest price moves in crypto markets in context for June 18, 2024.
Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021
Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.
Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K
The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.
Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
The company also revealed that it's running Bitcoin and Lightning network nodes.
