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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's Pre-Fed Weakness Has Chart Analysts Focused on Support at $18.3K
That's a level where traders who have taken long positions may exit, according to one technical analyst.
First Mover Americas: Bitcoin Traders Await Fed, Cosmos Is Heating Up
The latest price moves in crypto markets in context for Sept. 20, 2022.
MicroStrategy Buys 301 More Bitcoins, Now Holds Almost 130K
The software company purchased the additional coins at an average price of $19,851.
First Mover Asia: Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC
Kwon, who is no longer in Singapore, says he is not "on the run," although Korean authorities have asked Interpol to issue a "red notice" requesting his arrest; Taiwan is an unlikely hideout.
Current Crypto Market Lacks ‘Positive Catalysts’ and Investors Are ‘Spooked,’ Analyst Says
Brett Sifling, director of Get Invested at Gerber Kawasaki, joins “All About Bitcoin” to discuss his outlook on bitcoin (BTC) amid the recent market turbulence. Plus, a closer look at how bitcoin may react ahead of an expected interest rate hike from the Federal Reserve.
Market Wrap: Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears
Both assets are likely to remain in a tight trading range, at least until the Federal Reserve announces its latest interest rate hike or some other catalyst appears.
THNDR Games Launches Play-to-Earn Bitcoin Solitaire Mobile Game
The new game, dubbed Club Bitcoin: Solitaire, aims to increase bitcoin adoption by specifically targeting female audiences and emerging markets.
First Mover Americas: Bitcoin Drops to 3-Month Low as Crypto Traders Turn to Fed
The latest price moves in crypto markets in context for Sept. 19, 2022.
Goldman's Bullish Stance on 'Real Bond Yield' Spells Bad News for Crypto
Real yields turned positive early early this year, removing the punch bowl that lubricated the party in risky assets, including cryptocurrencies.
