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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 Slips as Relief Bounce Loses Steam, Support at $27K
Long-term momentum remains negative, capping upside moves in price.
Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds
As the price of bitcoin falls, miners are cornered into powering off or selling their holdings.
How to Make Money From the Crypto Backlash
Welcome to the hype-disappointment-devastation-education-conviction-hype cycle.
First Mover Americas: BTC Starts June Trading Flat, Alts Decline
The latest moves in crypto markets in context for June 1, 2022.
First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?
Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.
Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
BTC bounced after a nine-week losing streak, although some analysts remain skeptical.
Harlem Bitcoin Community Organizers Urge Action to Improve Crypto Regulations in New York
Harlem Bitcoin Community Founders Shakib Farah, Jon Logan and Jesse Cervantes discuss the highly-charged debate over bitcoin's energy consumption and crypto mining in New York.
Harlem Bitcoin Community Founders on Crypto in New York
Safari Restaurant Owner Shakib Farah, NYC Firefighter Jon Logan and Former NYC Public School Teacher Jesse Cervantes discuss their crypto journeys from how they were introduced to BTC to co-founding the Harlem Bitcoin Community. They talk about the burgeoning crypto scene in Harlem and what goals they hope to achieve.
Bitcoin Relief Bounce Faces Resistance at $33K-$35K
Buyers are reacting to oversold conditions, although upside appears limited.
