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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
Jack Dorsey Questions Apple's Tim Cook Over Bitcoin Support as Damus Deplatforming Looms
The former Twitter CEO posted a tweet asking Cook why Apple Pay doesn’t support Bitcoin, following the news that the smartphone maker was threatening to eject the Bitcoin-friendly app Damus from the App Store.
First Leveraged Bitcoin ETF in U.S. Sees $4.2M in Trading Volume Since Debut
The ETF saw about $500K worth of trades in the first 15 minutes.
Bitcoin Briefly Pushes Above $31K After Fidelity Spot ETF Report
Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC.
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.
First Mover Americas: Crypto Funds See Largest Inflow in a Year
The latest price moves in crypto markets in context for June 27, 2023.
Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry
The spread has flipped negative with consistent institutional selling of ether calls. Some of these positions could be rolled over ahead of Friday's expiry, leading to captivating shifts in volatility, crypto exchange Deribit said.
First Mover Asia: Bitcoin Could Experience Price Turbulence as $30K Is Tested
ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially.
Damus Founder Now Expects Deplatforming From Apple App Store
Apple cited violation of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.
