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

Podcasts

Crypto Update | What's Behind Bitcoin's Weekend Rally? With Victoria Bills

By Jennifer SanasieFeb 12, 2024

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Markets

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Bitcoin topped Monday the $50,000 for the first time since December 2021, and could run further towards $52,000, one analyst noted.

By Krisztian SandorFeb 12, 2024

Markets

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The latest price moves in crypto markets in context for Feb. 12, 2024.

By Lyllah Ledesma, Omkar GodboleFeb 12, 2024

Markets

Bitcoin May Face Stiff Resistance Near $48.5K, On-Chain Analysis Shows

Nearly 270,000 BTC have been acquired at an average cost of $48,491, as analysis by IntoTheBlock shows.

By Omkar GodboleFeb 12, 2024

Markets

Bitcoin 'Stronger’ Ahead of Halving: Grayscale

Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.

By Shaurya MalwaFeb 12, 2024

image of someone splitting a log vertically in half with a long-handled ax

Markets

Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K

The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.

By Omkar GodboleFeb 12, 2024