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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
First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long Weekend
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3.
Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis
A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.
Crypto Traders Cautious on Bitcoin as Fiat Liquidity Measures Point Lower
It would be unusual for bitcoin to stay bullish when fiat liquidity measures are pointing lower, one portfolio manager said.
Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis
Creditors of the crypto financial firm Genesis propose a package $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.
First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling
PLUS: The first half of 2023 has so far been very promising for the crypto majors.
Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
First Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023
The latest price moves in crypto markets in context for July 3, 2023.
First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications
PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can’t help but feel that something is amiss.
