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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 Extends Rally After Biggest Gain in Year
The largest cryptocurrency was higher after jumping 14% on Monday, the biggest gain since February 2021. So far, the price has stopped just shy of $45,000.
Bitcoin Bounce Stalls, Resistance Between $44K and $46K
Buyers could remain active at lower support levels, particularly at $40K.
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report
The language had sparked enough of an outcry that a Monday vote on the bill's passage was indefinitely delayed.
How Ukrainian Government Is Using Crypto to Fight Against Russia Invasion
Michael Chobanian, Founder of Ukrainian crypto exchange KUNA, comes back to “First Mover” to discuss the growing role of cryptocurrency in the Russia-Ukraine crisis. Chobanian explains how crowdfunded crypto is being used to fund military aid, food and petroleum supplies.
First Mover Americas: Bitcoin Nears $45K on Increased Demand From Ukraine and Russia
The latest moves in crypto markets in context for March 1, 2022.
They Were Jailed for Hacking an Exchange. Blockchain Data Cleared Them
How blockchain forensics helped two suspects in a cyber crime prove their innocence
S&P 500 Conflict History Points to Short-Term Bitcoin Bounce, Sell-Off in H2: QCP
The macroeconomic situation parallels that of the 2001 Afghan war, when a post-invasion rally in the U.S. equity benchmark paved the way for a deeper slide.
Cryptos Retain Gains as Ukraine Security Crisis Continues to Deteriorate
Talks between the two sides appear to have led nowhere.
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.
Market Wrap: Bitcoin Rises Despite Geopolitical Tensions
Bitcoin is up 10% over the past 24 hours, compared with an 8% gain in ETH and an 14% rise in SOL. Indicators suggest more volatility before a recovery unfolds.
