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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
Is Bitcoin's Immediate Bullish Outlook Weakening?
According to Coinbase Institutional, bitcoin's immediate bullish outlook has weakened. Courtesy of last week's slide, the cryptocurrency could consolidate between $44,000 and $48,000 for the time being. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Thomas Lee: 'Bitcoin Can Easily Get to $100K Before Year End'
Thomas Lee, a managing partner for Fundstrat Global Advisors, discusses his bullish outlook for bitcoin as he maintains it could "easily get to $100,000 before year end." Plus, his insights into the potential impact of the Fed's policy on the crypto markets, broad institutional exposure in digital assets, El Salvador's Bitcoin Law, regulation fears, and bitcoin as the world's reserve currency.
Kevin O’Leary: US Regulators Unlikely to Approve Bitcoin ETF; Excited About NFTs, DeFi
“Shark Tank” star, entrepreneur, and O’Shares chairman Kevin O’Leary joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss why he’s “more excited about NFTs than anything else.”
Solana Funds Outshined Bitcoin Last Week Amid Down Market
Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.
9/11 and the Need for Private Bitcoin
Bitcoin was born from the rise of the surveillance state. Let’s not let it become part of it.
Bitcoin Dips Below $46K, Support Around $42K
Upside appears to be limited given signs of slowing momentum.
Why is Bitcoin Pulling Back?
Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.
Anthony Scaramucci Maintains $100K BTC Prediction
Anthony "The Mooch" Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins "First Mover" live from the conference to discuss crypto's role in the event and what he hopes to achieve. He also shares insights into launching a new Algorand fund and "Flatter," a platform for NFT art, collectibles, and experiences. Plus, his take on institutional activity in crypto, his bullish outlook for bitcoin, and El Salvador's Bitcoin Law.
Bitcoin Eyes US Inflation Report, Potential Dollar Liquidity Squeeze
Bitcoin’s mid-May crash happened after U.S. reported inflation at three-year highs.
