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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
BlackRock’s Bitcoin ETF Would Be a Big Deal
And it doesn’t really matter if it’s technically a trust.
Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism
Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.
BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF
The asset management giant included a surveillance-sharing agreement in its proposal, which could eliminate the risk of market manipulation related to bitcoin.
First Mover Americas: BlackRock Files for a Spot Bitcoin ETF
The latest price moves in crypto markets in context for June 16, 2023.
Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook
Total crypto market capitalization rose, with dogecoin (DOGE) leading gains among major tokens.
First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.
BlackRock's iShares Files Paperwork for Spot Bitcoin ETF
The SEC has rejected numerous attempts by other fund companies to launch a spot bitcoin ETF.
Bitcoin, Ether Move Toward Oversold Territory in Post FOMC Downturn
CoinDesk Indices Trend indicators are signaling a bitcoin and ether downtrend
Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
Tether’s USDT stablecoin deviated from its $1 peg, while other major cryptos spend their day in red territory.
