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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 Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
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The latest price moves in crypto markets in context for March 25, 2024.
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome
Carlos Domingo, founder and CEO of Securitize, gives the scoop on why Blackrock’s new fund had to launch early and has a suggestion for how to handle dustings of Tornado Cash ETH.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs are poised for their first week of net negative flows since late January.
BlackRock Seeing Only 'A Little Bit' of Demand for Ethereum from Clients, Head of Digital Assets Says
Robert Mitchnick, the asset manager's head of digital assets, said that there's a misconception that BlackRock will have a "long tail" of other crypto services.
