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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 Price Eyes 200-Day Simple Moving Average
The Strategic Funds Managing Director Marc Lopresti provides his analysis on bitcoin's next move after a three-day price rally. Lopresti also explains why his firm is bullish on altcoins like Avalanche and Solana. Plus, a conversation about the continued growth of institutional interest in crypto, noting a rumored partnership between FTX and Goldman Sachs.
Bitcoin Momentum Strengthens Despite Short-Term Pause
BTC is holding support, similar to what occurred in late March before a 16% price rise.
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
Rep. Huffman and other congressional Democrats wrote the EPA chief on the potential harm to the climate and environment.
First Mover Americas: Bitcoin Tops $42.5K, Commerzbank Revives Hopes of Mainstream Crypto Adoption
The latest moves in crypto markets in context for April 21, 2022.
Sweden, EU Discussed Bitcoin Proof-of-Work Ban: Report
Documents released by a German site suggest concern about the environmental impact of the crypto mining method.
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.
