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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 Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading
The latest price moves in crypto markets in context for Oct. 24, 2024.
Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.
Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests
In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.
Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Institution Takes $25M Hedge Bet on Derive's Bitcoin Options Market as U.S. Election Looms
The strategy will profit most if BTC rises to $80,000 by the end of November.
Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
Beige Book bolsters hope for quarter-point Fed rate cuts in November and December.
Number of Bitcoin Whales Jumps to Highest Since January 2021
Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.
Protocol Village: Blockchain Key Manager Cubist, Led by Carnegie Mellon Prof, Launches Bridge-Security System 'Bascule'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 17-23.
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.
