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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
Bitcoin Won’t Save the Afghan People
Crypto activity in the collapsing country is likely a sign of capital flight by corrupt elites, not aid or remittances flowing in, according to one expert.
Bitcoin Returns Near $50K, Next Resistance at $55K
A breakout could yield further upside towards $55K.
Most Salvadorans Do Not Want Bitcoin, Poll Shows: Report
More than two-thirds of people in a survey disagreed or strongly disagreed with using bitcoin as legal tender.
Market Wrap: Bitcoin Enters September Slowdown; Cardano’s ADA at New High
Analysts expect bitcoin to weaken this month, as it has in the past, before the next leg up.
Voyager Digital CEO on $900M Token Swap and Merger
Voyager Digital CEO Stephen Ehrlich discusses what's next for his crypto brokerage company following the $900 million token swap between its original VGX token and LGO, a token originating from a French digital asset exchange that his firm acquired last year. Plus, insights into why he expects an uptrend in bitcoin's price in September and throughout the rest of the year, institutional investments, and regulatory concerns.
The Difference September Makes for Bitcoin
If history is any indication, September may not be the best month for bitcoin, but other months look great. How do the months compare one to another over the years? The pattern may surprise you. Michael Casey breaks down the Chart of the Day.
Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks
“Coinbase buyers are back,” one analyst says.
Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks
Bitcoin crossed the $50,000 mark for the first time since Aug. 23. The advance comes just a day after ether jumped above $3,800 to reach the highest level since mid-May, ending the day with an 11% gain, the biggest single-day rise since July 21. Stephen Stonberg, CEO of crypto exchange Bittrex Global, discusses his take on what's driving the crypto markets higher and what assets he's continuing to watch. Plus, insights into institutional traders.
Bitcoin Holds Support, Testing $50K Resistance
Short-term overbought signals could trigger a brief pullback.
