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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 Blasts to $44K on Coinbase, Could Run Toward $48K Resistance: LMAX Analyst
The sharp move higher from $42,000 Tuesday prompted $73 million in liquidations, mostly from leveraged positions betting on lower prices.
Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too
The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.
BlackRock, Bitwise File Updated Applications for Spot Bitcoin ETF
BlackRock’s amended filing included clarifications on topics such as the Trust’s structure and potential regulatory impacts on it.
Bitcoin Ecosystem Developments in 2023 as BTC Hits Fresh 2023 High
The Bitcoin ecosystem is under a renewed spotlight as the price of the largest cryptocurrency hovers around $42,000 for the first time since April 2022. Trust Machines CEO Muneeb Ali, along with Swan CEO Cory Klippsten, reflect on the developments for the Bitcoin network this past year and where BTC's price could be headed next.
First Mover Americas: BlackRock Received $100K Seed Funding for Its Spot BTC ETF
The latest price moves in crypto markets in context for Dec. 5, 2023.
Coinbase's Rally Still Has Legs, Chart Analyst Says
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
BlackRock Received $100K Seed Funding for Spot Bitcoin ETF
The unknown seed investor agreed to purchase $100,000 shares on October 27, 2023, BlackRock’s latest filing reveals.
Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T
The combined market value of cryptocurrencies is the highest since May 2022, when Terra's collapse marked the beginning of the crypto winter.
Michael Saylor's Bitcoin Bet Profit Tops $2B
MicroStrategy held nearly 175,000 bitcoins in its treasury as of the end of November.
