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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 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.
Why Bitcoin Is Your Best Bet Against Inflation
Angel investor Tatiana Koffman discusses decades of Federal Reserve monetary policy, and why billionaire Paul Tudor Jones once predicted that bitcoin would become a workable inflation hedge.
Fear and Greed Index Pulls Back After Hitting 'Greediest' Level Since Late 2021
The gauge spent most of 2022 mired in "fear" territory.
First Mover Americas: Bitcoin Drops on CFTC’s Suit vs. Binance
The latest price moves in crypto markets in context for March 28, 2023.
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
Low liquidity means a wave of buy or sell orders can have an outsized impact on bitcoin's market price.
