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



Markets

Trump Election Win May Be Bullish for Cryptocurrency Markets, Bernstein Says

Market sentiment suggests that a Trump election victory would be bullish for crypto and a Harris win would be bearish, the report said.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Markets

Crypto Wallet Holding $2B Mt. Gox Bitcoin Sends Test Transaction as Distribution Continues: Arkham

Some users in the Mt. Gox creditors channel on Reddit reported receiving funds on their BitGo accounts.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

First Mover Americas: BTC Muted After Crypto Goes Unmentioned in Musk-Trump Interview

The latest price moves in crypto markets in context for Aug. 13 2024.

BTC price, FMA Aug. 13 2024 (CoinDesk)

Markets

Bitcoin More Likely to Fall by $5K Than Rise by Same Amount: Analyst

The BTC market shows signs of seller dominance, FxPro's analyst said.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Markets

Bitcoin's Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months

The dwindling metric points to declining selling pressure in the bitcoin market.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)

Markets

First Mover Americas: BTC Slides Ahead of Busy Data Week

The latest price moves in crypto markets in context for Aug. 12, 2024.

BTC price, FMA Aug. 12 2024 (CoinDesk)

Markets

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.

Bank of Japan building. (Shutterstock)

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