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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 Maximalist Michael Saylor Makes the Case Against Ethereum
The MicroStrategy CEO cautioned that the "protocol doesn’t look like it's going to be completed or stable for another 36 months."
Bitcoin Above $21K Ahead of Key Fed Decision
Arca’s Director of Research Katie Talati discusses her outlook for bitcoin (BTC) as the largest cryptocurrency by market cap climbs above $21,000. She also weighs in on institutional traders’ mixed views about Tesla selling $936 million worth of bitcoin in the second quarter.
First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood's Ark Dumps Coinbase Shares
The latest price moves in crypto markets in context for July 27, 2022.
Crypto Traders Split on Upcoming Fed Rate Hike's Impact on Bitcoin
The U.S. central bank has raised rates by 150 bps since March, injecting volatility into asset markets. Some analysts expect BTC to stay resilient after Wednesday's expected hike.
First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles
Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls.
Market Wrap: Bitcoin Declines Further as Momentum Wanes
BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.
Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC Probe
Bitcoin is lower by 3% on Tuesday, with ether and Solana's SOL down by about 7%.
Bitcoin Below $21K Ahead of Big Tech Earnings and FOMC Meeting
Bitcoin and other major cryptos are trending lower Wednesday with investors eyeing the Federal Reserve’s expected 75-basis-point interest rate hike and the release of quarterly earnings reports from Apple and other tech giants. XBTO Group Head of Trading Paul Eisma discusses his crypto markets analysis and outlook.
First Mover Americas: BTC to $15K? As Rally Stalls, Some Traders Fear Another Leg Down
The latest price moves in crypto markets in context for July 26, 2022.
