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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
Market Wrap: Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker
Investors appear uncertain on market direction.
What to Make of Bitcoin's Latest Rally
Bitcoin rallied coming off extremely oversold conditions, according to data analytics firm Glassnode. Is it a bear market relief rally or the start of a sustained bullish charge? Plus, insights into movement on bitcoin's active addresses and block size as "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Miami Mayor on Crypto Market Downturn, New Initiative to Launch 5,000 ETH NFTs
Miami Mayor Francis Suarez joins “First Mover” to discuss the recent market downturn, Miamicoin’s recent crash, and his continuous support for the crypto industry. TIME President Keith Grossman joins Mayor Suarez with more details on Miami’s plan to launch 5,000 Ethereum NFTs in collaboration with TIME, Mastercard and Salesforce. Plus, an outlook on Web3 adoption.
Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit
The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”
Flippening Ahead?; NFT Sales Fall Again
Ethereum overtakes Bitcoin in options market, prompting suggestion the flippening is imminent. Binance clarifies details of compliance efforts. Singapore court gives Vauld three months protection from creditorsNFT sales limp into July with a 25% drop from June as broader crypto slump spreads. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
What Is Crypto’s Downfall? Its Complexity
But that doesn't mean bitcoiners should close their mind to the wider blockchain industry.
First Mover Americas: BTC, ETH Drop Amid Geopolitical Tensions
The latest price moves in crypto markets in context for Aug. 2, 2022.
Bitcoin Brokerage River Financial Drops Fees for Recurring Trades
Crypto-exchange Binance also recently announced zero-fee bitcoin trades on its platform.
Bitcoin, Ether Slump as US House Speaker Pelosi's Taiwan Trip Weakens Risk Sentiment
"There will be serious consequences if Pelosi visits Taiwan," China's foreign ministry spokesperson said on Monday. But geopolitical tensions are hard to predict and often trigger knee-jerk reactions in risk assets.
First Mover Asia: Was the Metaverse All Just a Dream?
Bitcoin has fallen for four straight days, but the (small-ish) scope of the price decline offers a reminder of how listless digital-asset markets have suddenly become. Sam Reynolds totes up the losses on metaverse-related tokens.
