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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 Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said.
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
The company said it invested $1.5 billion in bitcoin in the first quarter of the year.
First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading
Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump.
Market Wrap: Bitcoin Rallies as Altcoins Take the Lead
Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR.
SEC Requests Comments on Concerns About Grayscale's Spot Bitcoin ETF Proposal
The agency’s issues include possible share manipulation and the liquidity of bitcoin markets.
JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
In his 30-page investigation that riffs on the 1941 film “The Maltese Falcon,” Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, slams blockchain and crypto to say bitcoin’s lofty valuations are the “stuff that dreams are made of.”
Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K
Bitcoin's price will need to remain above $37,000 over the weekend in order to signal the start of a recovery phase.
