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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
ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’
Fabio Panetta's remarks come as EU lawmakers consider measures to end anonymous crypto transactions and cut off unregulated exchanges.
Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs
The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal.
First Mover Americas: Bitcoin Trades at Discount in Japanese Yen Markets
The latest moves in crypto markets in context for March 30, 2022.
Bitcoin Holds Steady as Luna Foundation Guard Resumes Purchases
The organization, which splurged on the cryptocurrency last week, resumed buying BTC on Wednesday after a one-day hiatus, according to one observer.
First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?
OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.
Market Wrap: Cryptos Mixed as Volatility Fades; Analysts See Risk of Selling Pressure
Traditional safe-haven assets declined on Tuesday as Russia-Ukraine tensions eased, but some indicators point to a pause in the risk-on rally.
Bitcoin Breaks $48K to 3-Month High, Triggers Over $300M in Liquidations
Bitcoin rose to a three-month high Monday of over $48K, a level not seen since last December. The price climb triggered market-wide short liquidations worth over $300 million, which could indicate bullish momentum. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Holding at $47.5K as It Aims for 8-Day Winning Streak
The crypto is flat on the day, but up 17% since it began heading higher one week ago.
