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

First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins

The latest price moves in crypto markets in context for August 11, 2023.

El patrón aún se está desarrollando, ya que una búsqueda en Google de las altcoins muestra un bajo interés por parte del público en general. (Josh Olszewicz)

Markets

Matrixport's Bitcoin Greed & Fear Index Indicates Upswing Ahead

The index has a solid track record of marking trend changes in the bitcoin market.

La volatilidad de bitcoin y ether está haciendo tambalear tanto a alcistas como bajistas. (Matt Hardy/Unsplash)

Markets

First Mover Asia: Bitcoin Is CPI Resistant

Modest Consumer Price Index numbers mean that the chance of another rate hike is dwindling.

(CoinDesk Indicies)

Tech

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 Depot CEO Brandon Mintz (Bitcoin Depot)

Markets

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.

(Unsplash, Kanchanara)

Finance

SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport

A report from the firm cited how big Grayscale Bitcoin Trust was at its peak.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Finance

Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse

The Web3 app supports Ordinals, the technology that brought non-fungible tokens to the Bitcoin ecosystem.

(Pixabay)

Markets

Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI

Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risky assets, including bitcoin.

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

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