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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
Crypto Markets Today: Bitcoin Finishes Best Week Since March; Solana’s Bonk Barks
ALSO: Bitcoin cash jumps ahead of optimistic May hard fork. Traders are starting to handicap various market scenarios ahead of Ethereum's next big milestone in March.
Crypto Markets Analysis: A Fresh Look at Bitcoin Price Charts After Biggest Rally in 9 Months
Bitcoin reaches a key support level in its push higher, where the $19,000 threshold previously may have looked like resistance.
Left for Dead Crypto Names Roar Higher as Bitcoin Bounces
Bitcoin has put together its first sustained rally since the FTX collapse in early November.
Bitcoin Hovers Close to $19K After Biggest One-Day Price Jump in 2 Months
Bitcoin (BTC) posted its biggest one-day return in two months, trading near the $19,000 level. Defiance ETFs CEO Sylvia Jablonski discusses the recent rally in the largest cryptocurrency by market capitalization. Plus, how the macro environment will continue to impact digital assets.
Bitcoin's 'Volatility Smile' Shows Increased Demand for Bullish Exposure
Bitcoin's volatility smile is a graphical representation of implied volatility or demand for options at different strike levels.
First Mover Asia: What's Next for Bitcoin After Biggest One-Day Price Pop in 2 Months?
Plus: Shaurya Malwa writes that security firms are predicting that blockchain bridges can avoid some of the carnage of 2022 this year by security features built during the bear market.
Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.
Bitcoin Has Already Risen 14% In 2023
Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
Crypto Markets Analysis: Inflation Cools, but Hopes for Fed Pivot Might Be Too Hot
Declines in energy prices drive lower U.S. inflation, and crypto prices advance. But a closer look at the December Consumer Price Index report showing a 6.5% inflation rate suggests the Federal Reserve may have to stay hawkish for a while.
