- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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 Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.
Bitcoin Magazine Owner Backs First Ordinals Fund, Which Bought $85K Rock
The "Unbroken Chain" fund, as it is known, plans to raise $5 million from its limited partners and will trade in various Ordinals types, including BRC-20 tokens – sometimes positioned as NFTs on Bitcoin. Already the new group has bought an image of a rock for about $85,000.
First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
The latest price moves in crypto markets in context for Oct. 17, 2023.
Crypto Day Ahead: U.S. Retail Sales Data to Test Dollar Buoyancy
Soft data would challenge the "U.S. exceptionalism" story and may hurt the dollar, paving the way for a positive bitcoin price action.
Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows.
Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021
Bitcoin's dominance rate (index), which measures the top cryptocurrency's share in the total crypto market, touched a 2.5-year high of 52.45% on Monday.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Data.
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Loss?
One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle.
