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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 Gains for Third Consecutive Day as Binance Launches Zero Trading Fees
The crypto exchange giant's trading volume skyrocketed after its global new policy went live.
Binance Launches Zero-Fee Bitcoin Trading, Volume Spikes
New data shows skyrocketing bitcoin trading volume on crypto exchange Binance immediately after 0% commission trading went live earlier Friday. CoinDesk Regulatory Reporter Amitoj Singh breaks down the Chart of the Day.
Bitcoin Outlook Amid Macro Headwinds
The Labor Department reported employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Medley Global Advisors Managing Director Ben Emons discusses what this means for bitcoin and why it should calm fears of a recession.
Bitcoin Will Make a Comeback, Rockefeller International Chairman Says
“We need the excesses to get weeded out,” Ruchir Sharma told CoinDesk TV.
Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
First Mover Americas: Bitcoin’s Bear Cross Is Bullish and a Big June Jobs Beat
The latest moves in crypto markets in context for July 8, 2022.
XRP Leads Recovery Among Major Cryptocurrencies; Fed Policymakers Back 75 Basis Point Hike
Two at the central bank favor higher rate increases to beat price pressures even if it means slowing growth.
Bitcoin 'Bear Cross' Raises Outlook for Bull Revival
A bearish but historically contrary indicator suggests an end to the market decline and a bullish revival ahead.
First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K
The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.
