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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 Edges Higher to $27.7K; AVAX, XRP Jump as Crypto Market Settles
Crypto analysts forecast low volatility and consolidation for the month.
Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead
Initial action suggested only very modest interest in the first U.S. futures-based ether ETFs.
First Mover Americas: Judge Dismisses SEC’s Attempt to Appeal Ripple Ruling
The latest price moves in crypto markets in context for Oct. 4, 2023.
Canadian Exchange TMX Soon to Start Bitcoin Futures Trading
The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.
ETH Slumps Amid Slow Start for Ether Futures ETFs
It was a slow start for futures-based ether exchange-traded funds (ETFs) on their first day of trading. A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
First Mover Americas: Slow Start for Ether Futures ETFs
The latest price moves in crypto markets in context for Oct. 3, 2023.
Bitcoin Buckles to $27.4K as Crypto Rally Fizzles on Macro Jitters
BTC dropped 3.5% over the past 24 hours, while ether lost near 4% amid a dismal first day of ETH futures ETF trading in the U.S.
Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin slumped below $28,000, and ether dipped below $1670.
