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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 Futures on CME Outpace Those on Binance to Trade at Widest Premium Since November 2021
The CME accounts for a majority of activity in standard futures market tied to bitcoin, one observer said, while explaining a relatively higher premium in futures listed on the Chicago-based exchange.
First Mover Asia: Resilient Bitcoin Rebounds Above $24K Despite Investors' Inflation, Labor Market Concerns
ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak.
Crypto Markets Analysis: Bitcoin, Ether Trade Sideways as Jobs Data Remains Robust
Crypto markets chug along as a stubbornly tight labor market suggests that inflation will remain troublesome.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%.
Bitcoin’s Future Hinges on Donations, and That’s Got People Worried
It costs up to $200 million a year to keep Bitcoin’s code maintained and functioning. Can developers find the resources they need in a plunging market? Frederick Munawa checks in.
Bitcoin NFTs: What Are Ordinal NFTs and How Do You Mint One?
NFTs on Bitcoin are different from the Ethereum NFTs most people are familiar with. Here’s what you need to know.
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said.
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot.
