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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-Focused Payments App Strike Rolls Out Services to Africa
"Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth," the firm said in a blog post.
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.
First Mover Americas: Bitcoin’s Bitfinex-Led Surge
The latest price moves in crypto markets in context for Feb. 27, 2024.
Chart Expert Peter Brandt Raises Bitcoin's 2025 Target to $200K on Channel Breakout
Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.
Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Bitcoin Funding Rates Jump to 100%, Sparking Opportunity for Savvy Traders
One observer said that elevated funding rates offer crypto hedge funds exceptionally attractive arbitrage opportunities.
Bitcoin Tops $57K as Rally Picks Up Steam
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin
In a document dump of emails, Bitcoin’s pseudonymous creator foresaw many of the biggest trends driving the development of the first cryptocurrency.
