- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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
Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data
The U.S. government previously sold 9,861 bitcoin for $216 million in March.
Bitcoin Holds Just Below $31K After U.S. Inflation Improves More Than Forecast
Economists had forecast sizable year-over-year declines in both headline and core inflation for this report.
First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data
The latest price moves in crypto markets in context for July 12, 2023.
Bitcoin April 2024 Forecast Raised to $56.6K: Berenberg
The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.
MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein
A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
Crypto traders anticipate a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
Bitcoin Quiets Down in July After a Tumultuous First Half of 2023
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Tim Draper Still Thinks Bitcoin Can Reach $250K – Just 2 Years Later Than He Expected
The billionaire investor predicted that the cryptocurrency would reach $250,000 by June 2023, but he said he wasn’t expecting the U.S. to be so aggressive in its enforcement actions.
