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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
First Mover Asia: Bitcoin Sees No October Rise Yet; the Dollar as the Protocol in the Future of Money?
The largest crypto by market capitalization was down slightly in the opening days of the historically strong month for its price.
Sorry, Ether: Sound Money Doesn’t Exist and Neither Does 'Ultra' Sound Money
Sound money should reliably store value over time. No currency – not bitcoin, not ether, not the U.S. dollar – seems to be doing that these days.
Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data
The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward.
British Pound Performance Could ‘Get Ugly’ in Short Term: OANDA Analyst
Is now a better time to invest in bitcoin (BTC) or the British pound? OANDA Senior Market Analyst Edward Moya explains why he could “be more constructive with bitcoin.” He added, “No one has an idea as far as how low the pound can go.”
Bitcoin on Track to Post Sixth Straight September Loss
September has been a historically bad month for bitcoin (BTC), which posted losses for the last five years. Is October's record better? OANDA Senior Market Analyst Edward Moya discusses his crypto markets analysis.
First Mover Americas: Bitcoin to Post Sixth Straight September Loss, but LINK and UNI Manage Gains
The latest price moves in crypto markets in context for Sept. 30, 2022.
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data
XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure
The new hire will also been tasked with designing decentralized finance technologies.
Bitcoin's Bullish Seasonality Muddled by Continued Slide in 'USD Liquidity Index'
Bitcoin has put in a positive performance in October in eight out of the past 12 years. However, the bullish seasonality may not play out this year, thanks to the declining USD liquidity.
First Mover Asia: IOTA’s Shimmer Joins the Race to Become the Next Big Blockchain; Bitcoin Seesaws Before Holding Near $19.5K
The unveiling of the Shimmer blockchain platform comes amid a flurry of such upstarts, each promising to be faster and cheaper than other protocols.
