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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 Rises From Oversold Levels, Faces Resistance Near $45K
Short-term buyers could remain active into the Asia trading day.
Strike Launches Bitcoin Payment Services in Argentina to Kick-Start Latin American Expansion
The company plans to expand into Brazil and Colombia in 2022.
Kevin O’Leary Shares Crypto Investment Philosophy and Why Crypto Deals Are Not Seen on ‘Shark Tank’ Yet
Kevin O’Leary, co-host of “Shark Tank” and O’Shares ETFs Chairman, shares his investment strategy in the blockchain space, highlighting his diversification approach. Mr. Wonderful also explained why we do not see crypto pitches on “Shark Tank.”
Bitcoin’s Near 40% Slide Weighs on Crypto Stocks While Coinbase Outperforms
Some institutions use crypto equities as a proxy for cryptocurrencies, one value investor said.
First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall
The declines followed U.S. stock exchange losses as investors anticipate continued hawkishness by the U.S. Federal Reserve.
Market Wrap: Traders Brace for Higher Volatility; Altcoins Underperform
Crypto prices are stabilizing, although some traders remain cautious.
Crypto Traders See $343M of Liquidations as Bitcoin Dips Below $40K
More than 109,000 traders were liquidated over the past 24 hours.
Bitcoin Stabilizes Above $40K Support; Resistance Near $45K
Buyers could respond to short-term oversold signals, although upside appears limited.
Digital Asset Funds Hit by Record Weekly Outflows of $207M
Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.
Billionaire Investor Bill Miller Now Has 50% of His Personal Wealth in Bitcoin
The famed fund manager had invested heavily in bitcoin in his funds before.
