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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
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.
Gauging Bitcoin, XRP Resistance Levels After Record Price Rallies
As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.
Did Hawk Tuah Crypto Debacle Eclipse Bitcoin's $100K Moment?
BTC's big milestone captured global headlines. So why were my friends more interested in Hawk Tuah coin?
U.S. Added 227K Jobs in November, Topping Estimates for 200K
Friday morning's jobs report is one of the last pieces of key economic data the Fed will see prior to its mid-December interest-rate decision.
U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks
The investment interest comes after ether added about 60% in a month.
Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi
The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said.
FOMO Traders Beware, Bitcoin's 'High-Wave' Price Action Points to Confusion: Godbole
BTC's latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
Bitcoin Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
BTC has been red-hot lately, taking out a milestone, but the bottom just fell out.
Everyone Wants a Piece of the Bitcoin Pie, Now the AI Bots Are Coming for It Too
AI-focused Ethereum layer-2 Mode is the latest network to bridge to Bitcoin in an attempt to get access to deep wells of liquidity held in BTC.
