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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
First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher
Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.
Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate
Crypto prices are rising after the Luna Foundation Guard purchased $1 billion worth of BTC.
Abra CEO on Why He Thinks ETH Will Eventually Overtake BTC
Abra CEO Bill Barhydt explains why ether could overtake bitcoin following its upgrade to a proof-of-stake mechanism, highlighting the many use cases for the Ethereum network, ranging from NFTs to DeFi applications. Plus, a conversation about crypto leaving centralized exchanges and Abra’s digital asset lending programs.
Bitcoin Eyes Next Resistance Level at $53K
Traders are calling for an extended move to the higher side as bitcoin breaks above $47,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day as analysts suggest a triangle breakout could open up upside toward resistance at $53,000.
What’s Driving Bitcoin’s Climb to Nearly $50K?
Josh Olszewicz of Valkyrie discusses several possible catalysts for BTC’s climb above $47,000, noting Terra’s $135 million in bitcoin purchase to back its stablecoin. Plus, a discussion about bitcoin’s price correlation with the S&P 500 index.
Crypto Funds See Largest Inflows Since Mid-December
After two straight weeks of outflows, $193 million flowed into crypto funds in the seven days through March 25.
Bitcoin Breaks Above $46K, Resistance at $48K-$51K
Momentum turned positive for the first time since July, although a significant price rally could be delayed.
Ukraine’s NFT Museum; Bitcoin on the Up
Ukraine’s NFT-based “Meta History Museum of War” chronicling Russian conflict goes live. China’s Greenland Group plans cross-border carbon credit trading. Bitcoin crosses $47,000-mark as crypto blazes Monday’s market. Mt. Gox Co-Founder Mark Karpeles talks learning from mistakes and plans for the future.
