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



Markets

Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates

Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year.

(377053/Pixabay)

Markets

Bitcoin Jumps Over $30K as ETF Hope Drives Bulls

Bitcoin forks led alternative token gains in the past 24 hours, outpacing major tokens.

Bulls fighting. (Bykofoto/Shutterstock)

Markets

Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.

XRP price on Oct. 19 (CoinDesk)

Finance

Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport

The prediction is based on potential inflows of as much as $24 billion.

(Shutterstock)

Markets

First Mover Americas: New York AG Sues Gemini, DCG, Genesis

The latest price moves in crypto markets in context for Oct. 19, 2023.

Genesis (Spencer Wing/Pixabay)

Markets

Bitcoin ETF Rumor Had a Silver Lining and It's Apparent in the Crypto Options Market

The bitcoin options market has flipped bullish across different timeframes since Monday's erroneous ETF report.

(Jonny Clow/Unsplash)

Markets

Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi

Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends.

YouTube, laptop, notebook (TymonOziemblewski/Pixabay)

Markets

The Crypto Winter May Be Over: Morgan Stanley Wealth Management

Most of bitcoin’s gains come directly after the halving, and the next such event is expected in April 2024, the firm said.

cherry blossom

Finance

Elon Musk's Tesla Didn't Buy or Sell Any Bitcoin During the Third Quarter

Tesla did not buy or sell any bitcoin in the three months ended September.

A Tesla charging station (Getty Images)

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