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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: Crypto Sell-Off Pauses as Volatility Fades; Altcoins Outperform
BTC struggled to hold $40K while SHIB rallied by as much as 12%.
Bitcoin and Today’s Wicked Inflation Share a Common Ancestor
In 2010, heterodox Fed member Thomas Hoenig spoke out against the central bank's experimental monetary policy.
Inflation Reaches 40-Year High of 8.5%, Can Crypto Help?
The inflation rate in the U.S. have yet again reached a 40-year high of 8.5% amid geopolitical uncertainty. “The Hash” group discusses whether or not bitcoin can be used as an inflation hedge and its steady price action following the Consumer Price Index (CPI) announcement.
Scenes From Bitcoin Miami 2022: The Stars, the Shows and That Giant Bull
Miami Beach's sprawling Convention Center and its environs were scenes of perpetual motion during the four-day extravaganza.
Bitcoin Stabilizes at $40K Support, Resistance at $43K-$47K
Selling pressure could fade over the next few days.
US Inflation Surges to New 40-Year High, What That Means for Crypto
GSR Markets’ Benoit Bosc discusses the current state of the crypto markets as the U.S. Consumer Price Index (CPI) rose to 8.5%, hitting a new 40-year high. Meanwhile, bitcoin and other digital assets are trading down.
First Mover Americas: Crypto Traders Eye US CPI Report, Monero Shines
The latest moves in crypto markets in context for April 12, 2022.
US Inflation Jumps to Fresh 4-Decade High of 8.5% in March
The U.S. Consumer Price Index accelerated last month as supply bottlenecks and war-related sanctions pushed already-elevated inflation higher.
