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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 as Traders Accumulate Positions
Sentiment is improving as traders eye positive technical indicators.
Bitcoin ‘Golden Cross’ Appears in Price Charts, Confirming Bullish Trend
The golden cross is generally regarded as a “positive” indicator,” Fundstrat wrote Wednesday in a note to subscribers.
Bitcoin and DeFi Coins Rally, Ethereum Alternatives Drop as Solana’s Outage Triggers Sector Rotation
Solana’s and Arbitrum’s outages were bad optics for Ethereum alternatives in general.
Viridi Funds CEO: 'Bitcoin Could Reach $110K Next Year'
Bitcoin is recovering after Monday's volatile sell-off. Wes Fulford, CEO of registered investment advisor Viridi Funds, discusses his analysis, price forecast, and adoption outlook for bitcoin. "In a year's time, we're somewhere around $110,000 per coin for BTC," Fulford said. Plus, he explains $RIGZ, a new exchange-traded fund (ETF) that invests in clean crypto mining firms.
What Makes Algorand One of the Hottest Proof-of-Stake Smart Contract Platforms This Year?
Sean Ford, COO of proof-of-stake smart contract platform Algorand, which is up 555% year-to-date, shares insights into Algorand's architecture and mission to "build and innovate high performing technology" following Tuesday's network failure on Solana. He discusses Algorand's key differentiators from its competitors, its role in El Salvador's Bitcoin Law, as well as the price action of ALGO. Plus, he discusses the Algorand Foundation's recently launched $300 million DeFi innovation fund.
Market Wrap: Bitcoin Returns to Above $46K Even as Indicator Shows Crypto Fear
Bitcoin is in recovery mode as the Fear & Greed Index enters the fear zone; analysts eye regulatory developments.
Galaxy Digital CEO Mike Novogratz: ‘Crypto Revolution Is Here’
Live from the 2021 SALT Conference in New York, Mike Novogratz, CEO of cryptocurrency-focused financial services firm Galaxy Digital, and Andrew Smith Lewis, Chief Innovation Officer at alternative investment platform CAIS, join "All About Bitcoin" to discuss all things crypto: investing in digital assets, getting institutional investors involved, Galaxy's earnings, and outlook for bitcoin. "This crypto revolution is here," Novogratz said. "It's here for good."
FTX.US President on Bitcoin, Altcoins, Crypto Regulations
Brett Harrison, president of crypto exchange FTX.US, the American arm of Sam Bankman Fried’s crypto empire FTX, joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss what to make of large sums of bitcoin flows moving on his platform.
The Impact of Fake News on Bitcoin
New data reveals the impact a lie can have on bitcoin's price. A fake news release Monday announcing a bogus partnership between Walmart and litecoin, a fork of bitcoin, coincided with a spike in BTC's price. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.