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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
Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher
Bitcoin is up about 5% over the past week, compared with a 3% rise in ether over the same period.
Does Everything Need to Be on the Blockchain?
Ever since the word "bitcoin" wormed its way into the mainstream, people have been obsessed with putting things "on the blockchain," but are we getting to the point of crypto overreach? "The Hash" hosts discuss how much of the tech we already use today need a crypto component.
Bitcoin, Ether Hit New All-Time Highs
“The Hash” panel discusses their reading of the crypto markets as the prices of bitcoin and ether hit new all-time highs, with BTC breaking $68,000 and ether rallying above $4,800. Where do we go from here?
Bitcoin Rally Stalls; Could Find Support at $63K-$65K
Buyers could return on price dips into the Asian trading session.
ETH-BTC Chart Points to Ether Leadership Ahead
Ether can take lead against bitcoin towards the year-end, one analyst said.
Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record
Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.
Who Is the Real Satoshi Nakamoto? Craig Wright Takes Stand in Bitcoin Trial
CoinDesk's Cheyenne Ligon shares insights into the high-profile trial between Craig Wright and the estate of his former business partner Dave Kleiman continuing in Miami. Wright claims to be the inventor of bitcoin and the owner of 1.1 million BTC, while Kleiman's estate is requesting its share of the nearly $67 billion fortune.
Bitcoin Breakout May Have Further to Run, Altcoins Also to Gain, FSInsight Says
Litecoin, algorand and chainlink are all likely to strengthen following recent breakouts.
