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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
Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval
ARK Invest's CEO previously predicted the price would reach $1 million by 2030.
Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto's Staunchest Supporters
They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say
The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Cryptocurrency-focused stocks such as Coinbase and bitcoin miners are also down significantly since Thursday's market open.
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts
Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.
First Mover Americas: Grayscale's Is the First ETF to Begin Trading
The latest price moves in crypto markets in context for Jan. 11, 2024.
Gary Gensler Voted to Approve Bitcoin ETFs, Despite Public Criticism
Three out of five committee members approved the various filings that gave the green light for the first-ever spot bitcoin ETFs to be offered in the U.S.
Bitcoin ETF Frenzy Brings Windfall Volume to Decentralized Predictions Platform Polymarket
Polymarket saw betting contracts worth more than $5.7 million change hands on Wednesday.
Bitcoin ETFs Secure Approval Exactly 15 Years After Hal Finney’s Iconic ‘Running Bitcoin’ Tweet
Finney, who died in August 2014, was also the first person besides Bitcoin’s pseudonymous creator, Satoshi Nakamoto, to download and run Bitcoin’s software.
