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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
A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu
Open interest or the dollar amount locked in open SHIB futures contracts has topped $100 million for the first time since February.
Matrixport's Bitcoin Greed & Fear Index Suggests Upswing Ahead
Crypto-services provider Matrixport's Bitcoin Greed & Fear Index, which has a solid track record of marking trend reversals, is signaling a bull revival in bitcoin (BTC). This comes as bitcoin has been listless, trading between $28,000 and $30,000 over the last two weeks. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
The latest price moves in crypto markets in context for August 11, 2023.
Matrixport's Bitcoin Greed & Fear Index Indicates Upswing Ahead
The index has a solid track record of marking trend changes in the bitcoin market.
First Mover Asia: Bitcoin Is CPI Resistant
Modest Consumer Price Index numbers mean that the chance of another rate hike is dwindling.
CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation
Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.
Bitcoin Rallies Keep Getting Quickly Sold — What's Up?
The world’s largest cryptocurrency has lacked sustained momentum, as it sells off shortly after each attempted leg higher.
