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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 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock
The plunge from all-time highs turned the $60,000 area into a support level for prices, one observer noted.
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
The Protocol: Bitcoin Cry for Help Heard
It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of volunteers. But there may be help on the way.
Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts
The world's largest crypto has risen about 60% in just the two months since the opening of the spot bitcoin ETFs.
Protocol Village: AI-Enabled Prediction Market PredX Launches Testnet on Sei Chain
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 29-March 6.
First Mover Americas: What Comes After BTC’s Flirt With Record High
The latest price moves in crypto markets in context for March 6, 2024.
Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking
The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.
Bitcoin Rebounds as $150K Target for 2024 Comes in View
Crypto markets slid as much as 10% in the past 24 hours, but have quickly been bought up by bulls.
Crypto Funding Rates Reset After Bitcoin's Sharp Pullback From $69K
The market-wide resetting of funding rates means potential for a more long-lasting move to record highs in bitcoin.
