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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
Can You Still Mine Bitcoin and Other Crypto From Home?
Despite popular belief, you don't need your own wind turbine or nuclear power plant to mine crypto profitably from home in 2022.
Bitcoin May Soon Wake From Slumber, Derivatives Data Indicates
Futures markets remain a powder keg for short-term volatility, one observer said.
First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further
Ether and most other altcoins also drop amid more bad news for the global economy.
Bitmain Adds Liquid Cooling Technology to Its Latest Bitcoin Mining Rigs
Antminer S19 Pro+ Hyd. will deliver 198 terahashes per second (TH/s) of computing power, a 41% increase from Bitmain’s previous model S19 XP.
Technical Indicator Points to Bitcoin Price Bounce
The impending bearish moving-average crossover on the weekly chart has proven to be a contrary indicator in the past.
Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End
45% of the banking giant's clients see bitcoin trading at or under $40,000.
Case for Bitcoin Bottom Near $40K Is Weak as Institutions Stay Away
One observer said traders may be better off trading bitcoin volatility than taking directional bets.
Fidelity: ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’
Even if a country doesn’t agree with the fundamentals of bitcoin, it will be forced to acquire some as a form of insurance, Fidelity wrote in a recent report.
First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs
Investors are looking for indications the largest cryptocurrency by market capitalization has reached a bottom point and is ready to rebound; ether's price was roughly flat over the weekend.
