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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
Low Trading Volumes, Diminishing Liquidity Spur Bitcoin Price Volatility
Bitcoin volumes are below their 20-day moving average for the eighth consecutive day as traders search for the next trading range.
First Mover Americas: Bitcoin, Up 70% This Year, Rebounds Past $28K
The latest price moves in crypto markets in context for March 29, 2023.
Bitcoin Heads for Best Quarter in 2 Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for the rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
Bitcoin Regains $28K; XRP Surges for a Second Day
Classifying XRP as a commodity could mean Ripple wins its case against the SEC, which some traders may consider bullish for the token.
First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.
Bitcoin Layer 2 Stacks' Token a Top Performer in March
STX has gained 23% for the month and is up 350% over the past year.
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., U.K., EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s actionagainst Binance and CEO Changpeng Zhao.
On-Chain Stablecoin, Profitability Ratios Signal Investor Caution
The recent increase in bitcoin's price shows investors positioning themselves for a potential price downturn.
