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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: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
A surprisingly robust jobs report and other signals spur investors’ return to riskier assets.
Recent Moving Average Crossover May Signal Higher Bitcoin Prices This Month
A crossover of the 10- and 50-day moving averages has historically been a positive signal. BTC’s lack of volatility, however, may interfere.
What This Week's Fed Decision, Jobs Report Means for Crypto
The U.S. Federal Reserve approved a fourth straight interest rate hike this week, while the Department of Labor said employers added 261,000 jobs in October. CoinDesk Markets Managing Editor Brad Keoun discusses the implications for the crypto markets and global finance. Plus, CoinDesk Research Analyst George Kaloudis on bitcoin's hashrate and volatility.
Bitcoin in NASDAQ Futures Rising Toward 4-Month High
High-growth tech stocks are faltering while bitcoin (BTC) is falling less and showing far greater resiliency amid global macro headwinds. Separately, Bitcoin in NASDAQ futures, or BitDAQ, is rising toward a four-month high. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin supera los US$21K a pesar del inesperado informe de empleo de EE. UU.
El precio de bitcoin subió hasta US$21.287 en las últimas 24 horas, el valor más alto desde el 13 de septiembre.
Fintech argentina Ualá habilita la compraventa de bitcoin y ether
El servicio estará disponible para 4,5 millones de usuarios en el país sudamericano en las próximas semanas.
Bitcoin Hits 7-Week High, Shrugging Off Unexpectedly Strong US Jobs Report
The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13.
Argentine Fintech Uala Launches Bitcoin, Ether Trading Feature
The service will be available to 4.5 million users in the South American country in the coming weeks.
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.
