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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
First Mover Americas: Bitcoin Ends the Week in Muted Mood
The latest price moves in crypto markets in context for Dec. 15, 2023.
'Bitcoin NFT' Hysteria Comes to Sotheby's as Super-Mario-Style Mushroom Character Tops $200K
In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.
TradFi Goes All-In on Fed Rate Cuts. What It Means for Bitcoin
The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in crypto markets in context for Dec. 14, 2023.
JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin's blockchain activity, miner flows, and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year
Cardano's ADA, Avalanche's AVAX and Injective's INJ tokens led altcoin gains as risk assets rallied on dovish Fed.
Protocol Village: COTI Layer-1 Blockchain to Become Ethereum Layer-2 Network
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 7-Dec. 13, with live updates throughout.
Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024
Market participants will look to Fed Chair Jerome Powell's post-meeting press conference for additional signs about the direction of future policy.
