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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
Crypto Stocks Retreat on Bitcoin's Dip as Macroeconomic Concerns Linger
Cryptocurrency mining equities were among the worst-hit in Friday's trading session.
Bitcoin Plunges Most in 2 Months, Dashing Recovery Hopes
The leading cryptocurrency by market cap tumbles in sync with traditional markets after Germany reports record producer price inflation at 37%.
First Mover Asia: Bitcoin Sinks Below $23K; South Korea's Bumpy Crypto Path Forward
The largest cryptocurrency in market value fell late in the day to continue its recent losing streak.
Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish
BTC, while higher, is still being outpaced by ether thanks to continued enthusiasm about the Ethereum Merge expected next month.
The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?
BTC’s anarchic beginnings are betrayed and legitimized by the world’s largest asset manager.
First Mover Americas: Fifth Day of Declining Bitcoin Price Has Some Traders Looking Out Below
The latest price moves in crypto markets in context for Aug. 18, 2022.
Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time
Increasing and elevated rates are headwinds for bitcoin, one researcher said.
Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.
First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
The price of the troubled crypto lending platform's CEL has been rising, to many observers' puzzlement; ether falls.
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
Traditional markets were mixed on sluggish July U.S. retail sales.
