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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 Long-Term Holders Have 163K More BTC to Sell, History Indicates: Van Straten
Long-term holders have sold almost 550,000 BTC as the rising price spurs profit-taking.
Bitcoin Slides Near $94K, but Short-Term Bullish Target of $100K BTC Unchanged
Analysts view a correction of as much as 10% from the peak (or as low as $92,000) as a “natural phenomenon.” But expect choppiness ahead.
$100K Bitcoin Blocked By Monster Sell Wall
A sizeable well wall is blocking Bitcoin from breaching the $100,000 threshold, despite the bullish frenzy for the largest cryptocurrency by market cap. CoinDesk's Christine Lee explains on "Chart of the Day."
Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
Traders are rotating profits as bitcoin's rally stalled out, allowing the second largest crypto to shine for at least a little bit.
Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
A flurry of copycats are trying capture MicroStrategy's magic. Will it work?
First Mover Americas: Bitcoin Regains $98K After Weekend Slump
The latest price moves in crypto markets in context for November 25, 2024.
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility
Approximately 45% ($4.2 billion) of the notional value in bitcoin that is set to expire is currently "in the money".
XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations
BTC dropped more than 3.5% from its peak, as profit-taking led to a pullback from the near $100,000 mark late Friday.
Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund
Intelligent Alpha’s investment committee is composed of three AIs and the fund's CEO tries to stay out of their way.
