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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: Cryptos Climb Amid Lower Volatility; Sentiment Improves
So far, BTC has avoided significant price drops. But option traders are protecting against the downside.
Bitcoin Back Above $31K, Ethereum Merge Around the Corner
Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC's current price range remains intact after several weeks of negative returns.
StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
New York Mining 'Ban' Is a Green Opportunity
The state’s possible moratorium on new carbon-based mining could be seen as an opportunity.
First Mover Americas: Bitcoin Snaps Record Losing Streak, Climbs Above $31K
The latest moves in crypto markets in context for June 6, 2022.
First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading
Ether and other major altcoins are slightly in the green as investors continue to look for clarity on the direction of the global economy; stablecoins face increasing scrutiny.
Bitcoin Might, in Fact, Be the Great ‘Equalizer’
A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.
