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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
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
Michael Saylor's MicroStrategy was a rare crypto name moving higher on Tuesday.
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'
The Mad Money Host three months ago was highly bearish on the world's largest cryptocurrency.
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
The latest price moves in crypto markets in context for Jan. 2, 2024.
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
Bitcoin Spot ETF Anticipation Boosts BTC Price to Nearly $46K in Strong Start to 2024
Speculation has been growing that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.
