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

As Prices Consolidate in Spot Markets, Asset Managers Increase Long Positions in Derivative Markets

The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.

(Getty Images)

Tech

Jack Dorsey Questions Apple's Tim Cook Over Bitcoin Support as Damus Deplatforming Looms

The former Twitter CEO posted a tweet asking Cook why Apple Pay doesn’t support Bitcoin, following the news that the smartphone maker was threatening to eject the Bitcoin-friendly app Damus from the App Store.

Consensus 2021 Highlights

Markets

First Leveraged Bitcoin ETF in U.S. Sees $4.2M in Trading Volume Since Debut

The ETF saw about $500K worth of trades in the first 15 minutes.

(AhmadArdity/Pixabay)

Markets

Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report

Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC.

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

Markets

Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies

The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.

(Allan Nygren/Unsplash)

Markets

First Mover Americas: Crypto Funds See Largest Inflow in a Year

The latest price moves in crypto markets in context for June 27, 2023.

BBitcoin faces headwinds (Pixabay)

Markets

Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry

The spread has flipped negative with consistent institutional selling of ether calls. Some of these positions could be rolled over ahead of Friday's expiry, leading to captivating shifts in volatility, crypto exchange Deribit said.

(Wance Paleri/Unsplash)

Markets

First Mover Asia: Bitcoin Could Experience Price Turbulence as $30K Is Tested

ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially.

Bitcoin daily chart (CoinDesk)

Tech

Damus Founder Now Expects Deplatforming From Apple App Store

Apple cited violation of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.

Apple iPhone. (Jonas Vandermeiren/Unsplash)

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