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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 Spikes Above $89K in Wild Trading Session, Battering Both Bulls and Bears
Such cumulative losses are the highest since early April, when BTC briefly crossed its previous peak at over $73,000.
Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K
BTC's breakout has the market in a state of euphoria, QCP Capital said.
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
Michael Saylor's company surpassed its lofty dotcom bubble highs, now holding over $24 billion worth of BTC in its treasury.
Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
Gold and most of the so-called magnificent seven tech stocks are down on the day.
Why Bitcoin's Record Price Rally May Be Choked Between $90K and $100K?
As bitcoin's ongoing price surge gives off an aura of invincibility, one force threatens to slow the ascent above $90,000.
MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B
The company's bitcoin yield thus far this quarter is 7.4% and over 26% year-to-date.
Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered
A Republican sweep is the best result for the digital assets sector and could bring regulatory and other positive changes, the report said.
First Mover Americas: Bitcoin Hits $82K as Weekend Rally Extends
The latest price moves in crypto markets in context for Nov. 11, 2024.
Pre-Market Trading in U.S. Crypto Stocks Explodes, With MicroStrategy Topping $300
As bitcoin climbs above $82,000, U.S. crypto equities are soaring in pre-market trading, with Semler Scientific leading with a 25% gain.
Where the Demand Comes From as Bitcoin Breaks Through $82K: Van Straten
As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.
