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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 Asia: Indian Crypto Exchanges' Trading Volume Continues to Dive Following New Tax Law; Cryptos Higher
WazirX and CoinDcx volumes were less than a third of their levels prior to the regulations going into effect; bitcoin and ether rise.
Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report
The bitcoin seized in various criminal investigations and donated could be worth as much as $77 million, according to the report.
ETF Trade Flows Dip as Bitcoin Drifts Between $37K-$45K
As Australia prepares for its first bitcoin exchange-traded funds, ETF traders are exiting the Canada-based 3iQ Coinshares bitcoin ETF while BTC trends between $37,000 and $45,000. Plus, a conversation about a noted compression in premiums as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Bullish Uptick in BTC Price and Possible Short Squeeze Signals
CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis, noting bullish momentum and possible signs of an upcoming short squeeze. Plus, BTC put-call ratios and the current state of Bitcoin’s supply.
Bitcoin Payments: The Beginning of Something Extraordinary
Why the first cryptocurrency needs a scaling layer, and the possibilities the Lightning Network opens up. This article is part of Payments Week.
Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses
The relief bounce in stocks and cryptos could be short-lived as recession risks linger.
Is Bitcoin Legal?
The legality of your bitcoin activities will depend on where you are and what you are doing with it.
Bitcoin Recovers to $39K as Stocks Rebound
The largest cryptocurrency's correlation with tech stocks has strengthened.
