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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
XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year High
XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high
Crypto Rally Doesn't Hold After Soft Inflation Data
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
U.S. Treasury Market Most Volatile in 4 Months May Slow Any Bitcoin Price Recovery After CPI
Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.
Inflation Relief as U.S. CPI Dips to Less Than Forecast 2.8% in February
The bitcoin price jumped above $84,000 on the welcome news.
Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI
The bullish divergence means the stage is set for a positive response to a potential soft U.s.
Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%
Ethereum-to-bitcoin ratio hits lowest level since 2020, as four-year CAGR goes negative.
Metaplanet Increases Bitcoin Holdings With $13.5M Purchase and Bond Issuance
The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.
Bitcoin Sees Relief Run to $82K; SEC Delays XRP, DOGE, LTC ETF Filings
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Bitcoin CME Futures Spread Slides to $490, Undoing the 'Trump Bump' in BTC
The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.
