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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
First Mover Americas: Bitcoin Dominance Continues to Climb
The latest price moves in crypto markets in context for Oct. 10, 2023.
Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment
The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022.
Bitcoin, Ether Options Order Books Signal Calm Amid Mounting Risks
The bid-ask ratio in bitcoin and ether options markets leans below one, signaling a bias for volatility selling, one observer said.
First Mover Americas: Crypto Funds See Largest Inflows Since July
The latest price moves in crypto markets in context for Oct. 9, 2023.
Bitcoin Is Better Than Digital Gold: Matrixport
SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.
Here's the One Thing Bitcoin Traders Should Be Watching
Bank of America's latest take on U.S. Treasury notes suggests a major market event ahead.
Bitcoin Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst
The crypto is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent it down nearly 2%.
