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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
FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High
As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.
Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide
The cryptocurrency may face some selling pressure around $70,000, one trader said.
What Bitcoin and Ether’s Options Tell Us About Their Maturity
Higher options volume relative to spot is a sign of a developed market and can help with price discovery.
El predominio de bitcoin se debilita mientras monedas alternativas se recuperan
Tanto SOL, token de Solana, como ether alcanzaron máximos históricos durante la semana; bitcoin, por su parte, apenas varió.
Craig Wright to Take Stand Monday in Trial
CoinDesk's Christie Harkin discusses what to expect next week as the crypto industry anticipates Craig Wright, best known for his widely disputed claim to be Satoshi Nakamoto, to testify in a Miami court Monday. Plus, CoinDesk's Damanick Dantes discusses his crypto markets outlook following Square's bitcoin revenue and gross profit falling in the third quarter.
In Craig Wright Trial, Plaintiffs Lay Out Pattern of Fraud, Deceit and Hubris
The self-proclaimed “Satoshi” will have much to address when he takes the stand on Thursday.
Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K
Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.
Bitcoin Dominance Weakens as Altcoins Rally
Solana’s SOL and ether both hit record highs during the week, while bitcoin was little changed.
Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week
Analysts expect a bullish November for cryptocurrencies.
What's Behind Bitcoin's Declining Dominance in the Crypto Markets?
"All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted bitcoin's price action and the wider crypto markets. New data on bitcoin's declining dominance over all other cryptocurrencies is signaling a bias toward altcoin exposure. The latest bitcoin hash rate and reactions to building bitcoin mines using renewable energy in the indigenous land are also discussed.