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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 Rises Even as Indicator Shows Extreme Bearish Sentiment
Some traders buy on the dip as BTC appears oversold; altcoins outperform.
Bitcoin.org Website Inaccessible After Being Hacked by Apparent Giveaway Scam
The site could not be opened as of 05:44 UTC Thursday, after falling victim earlier in the day to an attack claiming it would double funds sent to it.
Bitcoin Recovering, Faces Short-Term Resistance Near $46K
Upside appears to be limited as the largest cryptocurrency trades at $43,700.
Is Today’s Rise in Bitcoin a Dead Cat Bounce?
Bitcoin (BTC) is recovering above its $40,000-$42,000 support zone after oversold signals appeared on the charts, but is this temporary? Martha Reyes-Hulme, Head of Research at crypto exchange and digital assets primer broker Bequant, discusses her crypto markets analysis and outlook, examining bitcoin’s correlation to the S&P 500 index and USD.
Bitcoin Recovering, Faces Short-Term Resistance Near $46K
Bitcoin is recovering above its $40,000-$42,000 support zone with initial resistance seen at around $46,000 after global macro fears sent worldwide equities and crypto markets tanking Tuesday. Still, some suggest it's too early to call bitcoin's bottom. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Is the Dollar Doomed?
In this excerpt from “The Future of Money,” author Eswar Prasad examines the forces – the rise of bitcoin and stablecoins and foreign currency competition – threatening the dollar’s perch as the world’s reserve currency.
Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan
The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.
How Bitcoin Is More ESG-Friendly Than You’ve Heard
Many popular narratives about bitcoin don’t tell the full story.
Strike App, Now Live in Twitter Tip Feature, Also Launches Bitcoin Payments API
The move from the Jack Mallers-led startup could be a boon for Bitcoin’s Lightning Network.
