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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 Breaks Bullish Trend Line; US Jobs Data Eyed
An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets.
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
Bitcoin continues losses as major markets around Asia end the week.
Swan Bitcoin Benefit Plan Helps Companies Reward Employees in Crypto
Early customers of the financial services company's program are providing monthly bitcoin bonuses of between $50 and $100.
BTC Behaving as a Risk-On Asset?
Bitwise Chief Investment Officer Matt Hougan discusses bitcoin’s price activity as a risk-on asset amid the recent price plunge possibly caused by hawkish Federal Reserve policy. Plus, insights into why we might face an upcoming recession and the impact of institutional investment.
First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working
Gucci will begin accepting crypto payments at five stores as part of a wider commitment, but the success of its initiatives is uncertain; bitcoin plummets in Thursday trading.
Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin
BTC declined by as much as 10% on Thursday, its largest price drop in two months.
BTC Plunges Over 10%, S&P 500 Sinks Amid Fed's Interest Rate Hike
After a short-lived spike in response to the Federal Reserve’s 50 basis-point interest rate hike, bitcoin dropped over 10% to its biggest one-day decline in two months. Plus, a look into the reaction of traditional assets, including the S&P 500 and the Nasdaq Composite Index, as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Developer Jeremy Rubin on BIP119 Controversy
Judica Founder and BIP119 Proponent Jeremy Rubin discusses the details of his Bitcoin Improvement Proposal (BIP), addressing the controversy it has stirred among the developer community. Rubin explains the ability of BIP119 to add smart contract capabilities to Bitcoin, his longtime involvement in the BTC community and more.
Bitcoin Dips Below $38K, Support at $30K-$32K
BTC is in danger of breaking below a short-term uptrend.
