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



Markets

XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K

Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.

XRP weekly performance

Markets

Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?

Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.

Bitcoin miners (Shutterstock)

Markets

Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers

Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.

Bitcoin daily price chart. (CoinDesk Indices)

Markets

First Mover Americas: Reddit Community’s MOON Tokens Soar

The latest price moves in crypto markets in context for July 18, 2023.

(WikiImages/Pixabay)

Markets

Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst

U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.

BTC and DXY (TradingView)

Markets

Levered Bullish Longs Getting Liquidated as Bitcoin Market Softens

CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions

Notional is launching a new leveraged lending product. (Shutterstock)

Markets

First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low

PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.

Bitcoin daily chart. (CoinDesk Indices)

Markets

Bitcoin Dips Below $30K to Lowest Since Late June as Altcoins Pare Gains From XRP Lawsuit

Ripple's XRP, Solana's SOL and Lido Finance's LDO lost more than 4% in the last 24 hours.

BTC price chart (CoinDesk)

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