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 Sinks Below $23K; South Korea's Bumpy Crypto Path Forward

The largest cryptocurrency in market value fell late in the day to continue its recent losing streak.

By James RubinAug 19, 2022

(Andriy Onufriyenko/Getty Images)

Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish

BTC, while higher, is still being outpaced by ether thanks to continued enthusiasm about the Ethereum Merge expected next month.

By Glenn Williams Jr., Jimmy HeAug 18, 2022

Are the waters too still? The market could be waiting for large speculators to add to their long positions as a sign BTC will rise again. (Constant Loubier/Unsplash)

The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?

BTC’s anarchic beginnings are betrayed and legitimized by the world’s largest asset manager.

By Zac ColbertAug 18, 2022

(Nick Nice/Unsplash)

Bitcoin pierde tendencia alcista a medida que la Fed prevé tasas restrictivas por mucho tiempo

Las tasas crecientes y elevadas no son favorables para bitcoin, dijo un investigador.

By Omkar GodboleAug 18, 2022

Gráfico de relación entre bitcoin y el dólar estadounidense. (Omkar Godbole/TradingView)

First Mover Americas: Fifth Day of Declining Bitcoin Price Has Some Traders Looking Out Below

The latest price moves in crypto markets in context for Aug. 18, 2022.

By Lyllah Ledesma, Omkar GodboleAug 18, 2022

BTC has lost momentum, continuing its downward trend. (Bettmann/Getty Images)

Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time

Increasing and elevated rates are headwinds for bitcoin, one researcher said.

By Omkar GodboleAug 18, 2022

Bitcoin has dropped below a trendline rising from July's lows. (TradingView)

Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.

By Jamie CrawleyAug 18, 2022

Mining rigs in Plattsburgh, N.Y. (Fran Velasquez/CoinDesk)

First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again

The price of the troubled crypto lending platform's CEL has been rising, to many observers' puzzlement; ether falls.

By Shaurya Malwa, James RubinAug 18, 2022

Thermometer (Getty Images)

Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day

Traditional markets were mixed on sluggish July U.S. retail sales.

By Glenn Williams Jr., Helene Braun, Jimmy HeAug 17, 2022

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

DCG Company Genesis Cuts 20% of Staff Amid Crypto Winter, and Colombia Explores CBDC to Combat Tax Evasion

By Adam B. Levine, Zack Seward, Jennifer Sanasie, Wendy OAug 17, 2022

The Hash

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