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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
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
The latest price moves in crypto markets in context for Sept. 26, 2024.
Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.
Protocol Village: BitcoinOS, Bitcoin Layer-2 Project, Open-Sources 'BitSNARK' Verification Protocol
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 19-25.
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
Smaller bitcoin investors and reduced liquidity signal potential for continued price growth
U.S. M2 Money Supply Approaches New Highs as Financial Assets Reach Record Levels
Expansionary policies by not just the Fed, but other global central banks, appear to be fueling asset price appreciation.
First Mover Americas: Bitcoin Retreats Following Ascent to $64K
The latest price moves in crypto markets in context for Sept. 25, 2024.
Bitcoin's South Korea Discount Hits Highest Since October 2023
Smart traders have shifted to high-beta altcoins, data tracked by 10x Research show.
Bitcoin ETFs Remove Nearly Five Times Daily Supply as Ethereum ETFs See Strong Rebound
Ether ETFs experienced a $62.5 million inflow, marking its third-largest day since launch.
Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow
Traders Tuesday pushed the chances of a second consecutive 50 basis point rate Fed rate cut up to 61%.
