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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
Bitcoin Crosses Above $101K as XRP, AI Tokens Lead Crypto Rally Following CPI
Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.
Bitcoin’s $100K Breakout Pause Likely Due to Liquidity Factors and Nvidia's Stalled Rally
Slower inflow of liquidity and risk-off cues from NVDA might be holding back the upside.
El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry
Regulators from both countries are looking to collaborate to foster crypto innovation.
XRP, APT, ADA Tumble Another 15%; Investors May Be Paring Longs Ahead of CPI Data
Bitcoin is again outperforming, sliding just 3% back to $95,000.
Microsoft Shareholders Vote Down Bitcoin Treasury Proposal
The negative vote was expected even as MicroStrategy Executive Chairman Michael Saylor tried to convince Microsoft shareholders otherwise.
Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."
Bitcoin Miners Cipher, CleanSpark and MARA Upgraded at JPMorgan
The bank updated estimates for a number of mining stocks in its coverage following third quarter results and recent gains in bitcoin and the hashrate.
Derive Protocol Crosses $100M in Value Locked as Bitcoin Whales Make Waves in Options Trading
Record activity in Derive's onchain options market is consistent with the broad-based demand for derivatives tied to all things crypto
Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins
Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.
November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says
Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
