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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 Americas: Bitcoin Drops to 3-Month Low as Crypto Traders Turn to Fed
The latest price moves in crypto markets in context for Sept. 19, 2022.
Goldman's Bullish Stance on 'Real Bond Yield' Spells Bad News for Crypto
Real yields turned positive early early this year, removing the punch bowl that lubricated the party in risky assets, including cryptocurrencies.
As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon
ETH deposits to exchanges have yet to pull back, one observer noted. Investors began moving coins to exchanges ahead of last Thursday's Ethereum Merge.
First Mover Asia: Cryptos Slide in Weekend Trading; Did Ethereum Pick the Wrong Time to Merge?
Ether sinks to its lowest level since July; bitcoin falls below $19.5K.
Institutions Are Still 'Wait-And-See' With Ethereum
Big investors still seem to like bitcoin more, but their interest in ether is growing.
Market Wrap: Bitcoin and Ether Close the Week Lower
Ether continues to decline as traders position for what’s next for the Ethereum protocol.
Bitcoin Outlook Ahead of Key Fed Decision Next Week
CoinDesk's Markets Managing Editor Brad Keoun discusses the outlook for bitcoin (BTC) ahead of the FOMC meeting scheduled next week. CoinDesk Tech Managing Editor Christie Harkin weighs in on where bitcoin is headed as the Merge hype fades away.
Bitcoin Outperformed Ether During Merge Week
MottCapital data indicates that the S&P 500 is closely tracking the 2008 bear market slide, which means cryptocurrencies could see further drops. Plus, bitcoin (BTC) has outperformed ether (ETH) over the past week, despite the Merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
First Mover Americas: Ether Declines 7% Post-Merge and Makes Ether Futures More Sensitive to Staking Yields
The latest price moves in crypto markets in context for Sept. 16, 2022.
El Salvador's Debt Rating Cut to CC by Fitch
The rating agency said the country is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption.
