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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
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce.
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the easing cycle is up for debate.
Crypto for Advisors: Bitcoin and Gold, Stores of Value
The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept.
First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally
The latest price moves in crypto markets in context for Sept. 5, 2024.
Bitcoin Retraces Below $57K as 'Sell-on-Rise' Action Continues
Crypto weakness may be a red flag for traditional risk assets, one analyst said.
Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store
The Crypto Fear & Greed Index has plunged to levels that previously have presaged a sizable move higher in bitcoin prices.
Protocol Village: Food DePIN Bistroo Moves to Peaq, ApeChain Releases 'The Blueprint'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 29-Sept. 4.
Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether
ZKB’s new service also allows other Swiss banks to offer customers the trading and custody of cryptocurrencies, with Thurgauer Kantonalbank being the first partner bank to use the service.
