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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
El Salvador Pres. Nayib Bukele: More Than Half a Million People in the Country Are Using Bitcoin Wallet
More than half a million people in El Salvador are using the country’s government-run bitcoin wallet Chivo following the adoption of the cryptocurrency as legal tender Sept. 7, President Nayib Bukele said. He also clarified 95% of Chivo's technical errors have been corrected. "The Hash" team discusses the latest on El Salvador's bitcoin adoption and what it could mean globally.
Bitcoin Bounces to 200-Day Moving Average Ahead of US CPI Data as China’s Evergrande Warns of Default
Report is likely to show U.S. inflation continued to run hot in August.
‘Massive Opportunity’ for Bitcoin Ahead?
Bitcoin is stabilizing as short-term momentum improves following last week’s massive sell-off. Anastasia Amoroso, Managing Director and Chief Investment Strategist at iCapital Network, discusses her analysis and outlook for bitcoin’s next move, explaining where she sees “massive opportunity” in the future.
Paxful Integrates Lightning Network for Bitcoin Transactions
The service will be available for transactions between individuals and to pay for goods and services.
Bitcoin Stabilizes; Faces Resistance at $48K-$50K
Upside appears limited as bitcoin consolidates near support.
Market Wrap: Bitcoin Whipsaws on Fake News, Investors Flow Into Solana Funds
Bitcoin traded in a choppy range on a fake press release about a Walmart partnership with Litecoin.
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.
