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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
Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes
The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.
South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents of Mossel Bay on bitcoin, finance and other subjects.
Bitcoin Holding Steady Amid Heightened Market Volatility
Bitcoin (BTC) is holding remarkably steady amid heightened volatility in nearly every traditional market asset, including U.S. government bonds, which are widely regarded as the safest, according to the American Economic Review. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Recovers $19K Though Inflation Fears Haunt Market
The largest cryptocurrency's price had slipped earlier Tuesday to its lowest in almost two weeks, but the market recovered as U.S. stocks rebounded.
Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection
Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.
Bitcoin: Breaking Up Money and State
Bitcoin will gradually force governments to give up control over money, in what would be the largest cultural-political shift since the separation of church and state.
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
The app also launched a crypto trading feature, starting with bitcoin
Bitcoin Struggles Around $19K Ahead of Inflation Data
Bitcoin (BTC) traded flat at $19,200 ahead of the next inflation report coming later this week. GSR Markets Global Head of Product Benoit Bosc joins “First Mover” to discuss his crypto outlook amid recession concerns. Plus, why he is hopeful about crypto eventually decoupling from the stock market.
First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball
The latest price moves in crypto markets in context for Oct. 11, 2022.
