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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 Lower as US Futures Slide; Ether Continues to Steal Crypto Market Share
The latest price moves in crypto markets in context for Aug. 17, 2022.
First Mover Asia: Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
The CEO of options trading platform Tastyworks sees cryptos rebounding only when equities are also rallying.
Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline
BTC declines for the third consecutive day on below-average volume.
Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern
Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform
Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.
Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery
The rising wedge – a pattern that has appeared in bitcoin's price charts – has some analysts and traders calling for a renewed sell-off toward $16,400.
First Mover Americas: BTC Dips Below $24K as Ether Holds Strength
The latest price moves in crypto markets in context for Aug. 16, 2022.
First Mover Asia: Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions
The Singapore-based crypto savings platform angered users with its decision, but the law may be on the company's side if a complaint ever makes it to court.
Market Wrap: BTC Not Quite Ready to Stay Above $25K
Bitcoin cracked the psychologically important threshold overnight, but retraced in U.S. trading hours.
