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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 Investors Eye 200-Day Average After Three-Day Rally, Analyst Says
The cryptocurrency's recent bounce from under $40,000 has restored the short-term bullish bias.
First Mover Asia: Bitcoin 'Minnows' Are Punching Above Their Weight Class; BTC Holds Around $41,500, APE Surges on Rumors
Indecisiveness ruled markets Wednesday as bitcoin flipped between gains and losses on the day.
Bitcoin Miner Bit Digital Files to Raise Up to $500M in Equity
The proceeds will be used for capital expenditures, buying new mining equipment and other potential acquisitions.
Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps
BTC was roughly flat over the past 24 hours, compared with a 24% rally in APE.
Tesla’s Bitcoin Holdings Unchanged in Q1
The electric car maker hasn’t bought or sold any of the bitcoin held on its balance sheet for the past four quarters.
Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K
Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.
Teucrium BTC Futures Approval Leads to Optimism for US Spot Bitcoin ETF
Earlier this month, the U.S. Securities and Exchange Commission (SEC) approved a bitcoin futures ETF for Teucrium Futures Fund based on a different set of laws, giving investors hope about the possibility of an approved spot bitcoin ETF.
Bitcoin Holding Support With Higher Price Lows; Resistance at $46K
There has been a loss of downside momentum on the daily chart, which could keep short-term buyers active.
Australia to List Crypto Spot ETFs; WazirX Founders Leave India
Bitcoin and Ethereum spot ETFs landing in Australia next week. India’s WazirX founders move to Dubai. Memecoin fans hope to head to the moon on “Dogecoin Day.” Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”