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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
Analysts Warn of Headwinds as Cryptos Gain Ahead of CPI Data, Luna Classic Pares Rally
U.S. inflation data for August will be released Tuesday, and some economists expect it to show that price growth slowed for a second straight month.
The Conservative Party of Canada Elects Pro-Bitcoin Leader Pierre Poilievre as Party Head
Pierre Poilievre won the leadership race by a landslide and plans to make Canada the “blockchain capital of the world.”
First Mover Asia: Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags
Two of Thailand’s largest banks participated in the round, but the country also faces a major obstacle keeping its best tech talent.
‘Wall Street’ Doesn’t Need Bitcoin; Bitcoin Doesn’t Need ‘Wall Street’
... Or any other institutions for that matter.
After Big Rally Past $21K, Bitcoin’s Price Momentum May Not Last
Bitcoin’s price gain was the biggest in six months, leading a broad-market rally in cryptocurrencies that pushed the industry’s market capitalization back over $1 trillion.
MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases
The deal is a sign Executive Chairman Michael Saylor isn't backing off his audacious plan to turn his software developer into a bitcoin proxy.
Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets
The largest cryptocurrency and stocks are almost trading in tandem again – as risky asset markets move in response to fresh developments in the economy and international affairs.
Market Wrap: Bitcoin Notches Biggest Gain in 6 Months as Price Soars
Traders appear to be shrugging off interest rate fears as they wait for more inflation data next week
Bitcoin Jumps Most in 6 Months as Investors Anticipate US CPI Report
Bitcoin and other major cryptocurrencies bounced early Friday as traditional market investors shrugged off U.S. Federal Reserve Chairman Jerome Powell’s pro-liquidity tightening stance. “The Hash” team discusses the macro environment and its impact on crypto.
First Mover Americas: Bitcoin Jumps Most in Six Months, as 'Powell Pivot' Speculation Returns
The latest price moves in crypto markets in context for Sept. 9, 2022.
