- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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
First Mover Americas: Bitcoin Higher After Jobs Report and Arweave's Meta Effect
The latest price moves in crypto markets in context for Nov. 4, 2022.
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
A recent Alameda document showed the biggest asset on the organization's balance sheet was FTX’s FTT token.
Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.
Marathon Digital CEO: We're Bullish on Bitcoin
Marathon Digital Holdings (MARA) mined 615 bitcoin (BTC) in October, the highest monthly total in its history. CEO Fred Thiel shares insights into Marathon Digital's business operations and the state of bitcoin mining amid crypto winter.
Bitcoin Holders Continue to Shrug Off Macro Data
The cost basis for bitcoin has fallen and bitcoin holders appear to be feeling less pain.
Bitcoin Draws Stability From $20K Price Floor as Traditional Markets Slide
Bitcoin traded above the psychologically important price level for a 10th consecutive day, even as stocks took a hit from the U.S. central bank’s ongoing move to tighten monetary conditions.
Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated
The Federal Reserve on Wednesday raised interest rates by 75 basis points, in a move that was widely anticipated by market participants, including bitcoin (BTC) traders. "We continue to anticipate ongoing increases will be appropriate," Fed Chair Jerome Powell said.
