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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
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.
Long Crypto Traders Feel Pain as Bitcoin's Slide Leads to $430M in Liquidations
Nearly 90% of all liquidations in the past 24 hours came from traders betting on the upside.
First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange is re-entering the industry with a rating service. But is he in touch with the latest developments?; ether also falls.
Market Wrap: Bitcoin Sell-Off Deepens as Correlation With Stocks Rises
BTC is down 40% from its November peak, compared with a 16% drop in the Nasdaq 100 over the same period.
