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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, S&P 500 Struggle Below Key Technical Level in Sign of Further BTC Price Drops
Short-term bitcoin holders have sold over 100,000 BTC since February.
Gold Jumps to New Record, for Now Winning Debate Against Bitcoin as Risk-Off Asset
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
Solv Raises $10M for Bitcoin Reserve Offering to Drive Institutional BTC Finance Adoption
Solv is attempting to offer an "on-chain MicroStrategy" model, referencing the Michael Saylor-founded software company that now owns nearly 500,000 BTC
Why Strategy's Preferred Stock, STRK, Is Defying MSTR's Downturn
STRK has risen 3% since its February launch, while MSTR has dropped over 20%.
XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year High
XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high
Crypto Rally Doesn't Hold After Soft Inflation Data
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
Binance Labs-Backed Network Hemi Debuts $440M Mainnet to 'Unify' Bitcoin, Ethereum
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
U.S. Treasury Market Most Volatile in 4 Months May Slow Any Bitcoin Price Recovery After CPI
Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.
Inflation Relief as U.S. CPI Dips to Less Than Forecast 2.8% in February
The bitcoin price jumped above $84,000 on the welcome news.
Bitcoin Forms Bullish RSI Divergence Just in Time for U.S. CPI
The bullish divergence means the stage is set for a positive response to a potential soft U.s.
