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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's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
First Mover Americas: Bitcoin Flirts With $90K in Volatile Trading Session
The latest price moves in crypto markets in context for Nov. 12, 2024.
Bitcoin 'Shrimps' Buying the Historic Rally as Whales Offload: Van Straten
Bitcoin has surged by $20,000 in the past week as we examine the cohort breakdown of this rally.
Ether ETF Inflows Hit Record, Bitcoin Inflows Soar as BTC Eyes $90K
Bitcoin and ether ETF inflows soared on one of the biggest days in the BTC's history.
Bitcoin Spikes Above $89K in Wild Trading Session, Battering Both Bulls and Bears
Such cumulative losses are the highest since early April, when BTC briefly crossed its previous peak at over $73,000.
Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K
BTC's breakout has the market in a state of euphoria, QCP Capital said.
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
Michael Saylor's company surpassed its lofty dotcom bubble highs, now holding over $24 billion worth of BTC in its treasury.
Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
Gold and most of the so-called magnificent seven tech stocks are down on the day.
Why Bitcoin's Record Price Rally May Be Choked Between $90K and $100K?
As bitcoin's ongoing price surge gives off an aura of invincibility, one force threatens to slow the ascent above $90,000.
MicroStrategy Buys Another 27,200 BTC for $2B; Bitcoin Profits Sit at $11B
The company's bitcoin yield thus far this quarter is 7.4% and over 26% year-to-date.
