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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 Dominance Continues to Climb
The latest price moves in crypto markets in context for Oct. 10, 2023.
Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment
The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022.
Bitcoin, Ether Options Order Books Signal Calm Amid Mounting Risks
The bid-ask ratio in bitcoin and ether options markets leans below one, signaling a bias for volatility selling, one observer said.
First Mover Americas: Crypto Funds See Largest Inflows Since July
The latest price moves in crypto markets in context for Oct. 9, 2023.
Bitcoin Is Better Than Digital Gold: Matrixport
SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.
Here's the One Thing Bitcoin Traders Should Be Watching
Bank of America's latest take on U.S. Treasury notes suggests a major market event ahead.
