- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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
Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App
The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele.
First Mover Americas: Number of Bitcoin Held by Funds Hits Record High
The latest moves in crypto markets in context for March 4, 2022.
Bitcoin Slips Under $42K While Active Supply Reaches Yearly High
The cryptocurrency is approaching $41,000, although one analyst says geopolitical tensions could fuel a run to over $50,000.
Bitcoin Drops for Third Straight Day as Dollar Hits 21-Month High, US Wages Eyed
A continued uptick in wages would imply more inflation and strengthen the case for rate hikes by the Fed.
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.
Stablecoin Supply Ratio Rises Alongside Crypto Prices
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the stablecoin supply ratio (SSR), which has risen over the past week alongside crypto prices. Questions arise about whether traders will choose to hold their stablecoins or bitcoin, and how these decisions can affect price shifts.
Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade
BTC was down 4% over the past 24 hours as geopolitical risks intensified.
Bitcoin Analysts Ponder Impact as Oil at Highest Price Since 2008
The Russia-Ukraine conflict has sent crude oil to over $115 a barrel. Here's what the latest surge might mean for the bitcoin market.
Bitcoin Takes a Breather; Support at $37K-$40K
Intraday charts show downside exhaustion, which could encourage short-term buying.
