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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
The European Central Bank Is Either Lying About Bitcoin or Lying to Itself
ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.
Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says
Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
First Mover Americas: AI Mania Heats Up
The latest price moves in crypto markets in context for Feb. 22, 2024.
Bitcoin ETF Approval Comparable to 'Naked Emperor’s New Clothes,’ ECB Officials Say
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since don't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
Bitcoin Could Hit $150K This Year, Says Fundstrat's Tom Lee
Lee took note of fresh demand via the new spot bitcoin ETFs, the halving and expected monetary policy easing as being catalysts for higher prices.
Protocol Village: Fuel Labs Evolves Into 'Rollup OS,' With Multiple Native Assets, Combating State Bloat
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21.
Nvidia's Hotly Anticipated Earnings May 'Trigger' Bitcoin and Crypto Correction, Analyst Says
'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, QCP Capital said.
First Mover Americas: VanEck’s ETF Volume Surges, Fairshake Raises Another $5M
The latest price moves in crypto markets in context for Feb. 21, 2024.
