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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 Struggles Below $50K After Crypto CEOs Take Center Stage
Bitcoin’s price popped briefly above $50,000 after Wednesday’s congressional hearing in Washington, but the momentum has faded.
Addressing Clients’ Fear, Uncertainty and Doubt (FUD) About Bitcoin
Why three popular investor fears about bitcoin are overblown.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.
Bitcoin Rangebound Above $46K Support, Resistance at $55K
Selling pressure could slow into the Asia trading day as indicators appear oversold.
Bitcoin Adoption Among Far-Right Extremists Leaves Its Mark on the Blockchain
Blockchain sleuthing firm Elliptic has been tracking numerical hate signals left by alt-right groups.
Market Wrap: Cryptocurrencies Stabilize as Some Traders Buy the Dip
The bitcoin Fear & Greed index is at the lowest level since late July, which preceded a price recovery.
Bitcoin Adoption Among Far-Right Extremists Leaves Its Mark on the Blockchain
According to cryptocurrency analytics firm Elliptic, bitcoin as a means of payment among far-right extremists is growing in popularity, which is tracking traces left on the blockchain by such groups. "The Hash" squad discusses the specifics, reactions, and implications of bitcoin in politics.
Bitcoin Range-Bound Above $46K Support, Resistance at $55K
Bitcoin continues to stabilize around the $50,000 price level after a near 20% sell-off over the past weekend. New Glassnode data reveals support failed to hold and triggered a full wave of liquidations as the lower price was hit each time. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.