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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
Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.
Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
First Ever Canadian Bitcoin Conference Wraps Up in Toronto
The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter regulation of Canadian exchanges.
First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
First Mover Americas: Bitcoin Trades Flat, Altcoins Nurse Losses
The latest price moves in crypto markets in context for June 19, 2023.
Bitcoin Could Benefit From These 3 Bullish Tailwinds
The path of least resistance for bitcoin may be on the higher side due to inter-market factors, optimism from BlackRock's ETF filing and safe haven flows.
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.
Inverse Correlations, FOMC Action, and a Possible Spot Bitcoin Trust
Bitcoin and ether end the week higher, following the announcement of BlackRock’s Bitcoin trust application.
