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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 Below $20K and BTC's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The latest price moves in crypto markets in context for July 12, 2022.
Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.
First Mover Asia: Does Anyone Care Anymore if Bitcoin Dips Below $20K?
The more blasé crypto analysts become about a bitcoin price in the $10,000s, the more it seems like the bottom is in. Plus: The euro on Monday approached parity with the U.S. dollar.
Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement
BTC declined for the fourth consecutive day, erasing Friday’s push above $22,000.
Bitcoin in 'Accumulation' Phase, On-Chain Indicators Suggest
Bitcoin's (BTC) Puell Multiple, the daily issuance of bitcoins in U.S. dollar terms by the 365-day average of the value, indicates it's time to start stacking BTC again. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Signs Bitcoin May Have Bottomed: Here’s What Experts Told Us
Where will bitcoin bottom out? As investors face a crypto bear market, many are looking for signals the cryptocurrency has hit a bottom. There are no sure signs, but here's what seasoned traders look for.
First Mover Americas: Bitcoin Struggles to Hold $20.5K and Twitter Shares Dip 6%
The latest moves in crypto markets in context for July 11, 2022.
Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest
Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.
First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA's Incoming CEO
Bitcoin slides for third day, heads back down toward $20K.
Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
What is going to be most interesting here is seeing what happens to bitcoin and other cryptos during these Hard Times.
