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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
MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin
The T-REX 2X Long MSTR Daily Target ETF (MSTU) took in $72 million in the first week of trading, according to data by Bloomberg Intelligence.
Bitcoin FOMO Is Back: $70K and Then New Record Highs in Sight, Says Analyst
A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, 10X Research's Markus Thielen noted.
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
First Mover Americas: Bitcoin Nears $66K After Monster ETF Day
The latest price moves in crypto markets in context for Sept. 27, 2024.
BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off Status
BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing six-month basis.
Bitcoin's 'Outside Day' Sets Stage for $70K, Altcoins Break Out: Technical Analysis
Thursday's bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.
SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security
Gensler was responding to CNBC's question on whether the SEC chair was "warming up to top-tier crypto?"
Bitcoin Holds Above $64K as China Stimulus Sends Conflux’s CFX, Dog Memes Running High
Conflux (CFX) saw an 18% rise following news of liquidity injection by the People's Bank of China, with traders focusing on assets perceived as 'China beta' like CFX. PLUS: Bitcoin ETF inflows continue and dog-themed memecoins catch a bid.
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.
Bitcoin Jumps Over $64K on China Stimulus; IBIT Options Could Provide Longer-Term Boost
Asian markets roared higher and gold notched another record following another round of Chinese fiscal and monetary stimulus.
