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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 Range-Bound Above $35K-$37K Support; Resistance at $40K
The sideways price range could result in higher volatility over the next two weeks.
Ukrainian Crypto Entrepreneur: Bitcoin Is a Lifeline
“These are young people with burning eyes, sitting at their computers around the clock to save their state.”
Can the Metaverse be Regulated? What Crypto Community’s Reaction to Biden’s Executive Order Tells Us
The former chairman and CEO of Walt Disney Bob Iger is getting into the metaverse business by investing in Web 3 company Genies. Bradley Tusk, Tusk Venture Partners co-founder and managing partner, joins “First Mover” to explain how policies from Web 2 could shape regulation in the metaverse as institutional interest continues to grow.
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote
The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.
Huobi Global Exec On BTC Price and Ambitions for US Services
Jeff Mei, director of global strategy for crypto exchange Huobi Global, shares his analysis on the current state of the crypto markets as bitcoin’s price jumps amid geopolitical tensions and rising U.S. inflation. Mei also discusses the company’s strategy for handling China’s crypto regulations, and Huobi’s plans to enter U.S. markets through institutional financial services.
First Mover Americas: Bitcoin's Price Bounce Stalls as 10-Year Yield Hits 32-Month High
The latest moves in crypto markets in context for March 14, 2022.
Bitcoin Again Bounces Off 'Cloud' Support, Resistance at $42.6K
The Ichimoku cloud has consistently acted as a support during recent market swoons.
Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
Surging prices for food, energy and housing have sent inflation in the U.S. to a four-decade high.
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.
