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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 Rebounds Above $44K as Spot BTC ETF Approval Looks Increasingly Likely
Reports swirled Thursday that the SEC was giving final comments to issuers and may approve multiple spot-based bitcoin ETF applications very soon.
First Mover Americas: Explaining Bitcoin's Sudden Drop
The latest price moves in crypto markets in context for Jan. 4, 2024.
Bullish Bitcoin Market Sentiment at Display as 'Buy the Dip' Mentions Soar
Buying the dip is one of the most famous narratives in the crypto community, indicating an intention to purchase the token when the price drops.
Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC
Receipts Depositary Corp. aims to address the institutional desire for bitcoin investments that may not be satisfied by a spot ETF.
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say
Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
