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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
The Notion of Aggressively Dovish Fed Fades as U.S. Inflation Report Looms
Bitcoin is struggling to gain upside traction as a hawkish rethink of Fed interest-rate policy raises Treasury yields and strengthens the dollar.
Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey
Anduro has developed the real-world assets (RWA) project Avant alongside tokenization platform Vertalo, and they will tokenize whiskey barrels in a pilot project.
Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin
Metaplanet bought around 108.8 BTC at an average price of just under 9.2 million yen per coin
Len Sassaman Gets the Memecoin Treatment Ahead of HBO Bitcoin Creator Documentary
Polymarket bettors and the broader crypto community widely consider cryptographer Sassaman to be “revealed” as Bitcoin’s creator in an anticipated HBO documentary.
Bitcoin, Asian Equities May Be Losing Capital to China Stocks
Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.
AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
The news seems likely to further cement ideas that the Fed will trim rates just 25 basis points at its next policy meeting in November.
First Mover Americas: Bitcoin Bounces From $60K
The latest price moves in crypto markets in context for Oct. 4, 2024.
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
Bitcoin ETFs Register Net Outflows for Third Straight Day
Both bitcoin and ether spot ETFs bleed money as geopolitical tensions weigh over risk assets.
