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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 Remains on Track for $100K by Year-End 2024: Standard Chartered
An earlier-than-expected spot bitcoin ETF in the U.S. could be the key catalyst, said the bank.
Bitcoin Pushes Above $37.7K on Dovish Comments From Fed's Waller
The typically hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.
First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand
The latest price moves in crypto markets in context for Nov. 28, 2023.
CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal
The rare signal indicates that institutions have long exposure but not via spot, one observer said.
First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
The latest price moves in crypto markets in context for Nov. 27, 2023.
Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
Traders expect the Fed to cut rates by 100 basis points next year, weakening the dollar and incentivizing risk-taking in crypto and traditional markets.
