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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
Bitcoin Could Go as Low as $14K: Bitfreedom
Bitcoin has a history of 80% drawdowns from all time highs as tracked by Bitfreedom Research, which says BTC could go as low as $14,000 this year if we repeat another 80% drawdown from bitcoin’s previous high of about $69,000 touched last November.
Bitcoin Back Above $20K as Analysts Debate Whether It's Good Time to Buy
It's still to be seen whether BTC will experience price declines similar to 2013 and 2017.
First Mover Americas: Polygon's MATIC Rallies 25%; BTC Trades Flat
The latest moves in crypto markets in context for June 23, 2022.
Avalanche Bridge Launches Native Bitcoin Support; AVAX Surges 7.4%
The AVAX token is beginning to gain some upside momentum despite a drop-off in DeFi activity.
First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K
DeFi apps have avoided any massive on-chain liquidations, surprises or smart contract failures, even as crypto markets have shed value.
Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam
The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.
How Web3 and Bitcoin Billionaires Will Revolutionize Philanthropy
Rhys Lindmark discusses "impact DAOs," crypto wealth creation and charity in a post-Consensus 2022 interview.
