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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
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High
Ether has outperformed bitcoin in just seven of the last 23 months.
Bitcoin Tops High-Volume Resistance Near $68K: Technical Analysis
BTC has moved past Tuesday's high-volume bearish reversal level.
First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
The latest price moves in crypto markets in context for Oct. 16, 2024.
Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness
CME bitcoin futures open interest reaches all-time high, driven by active and direct participants - K33 Research.
Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
On-chain data shows wallets associated with Elon Musk's electric car company have been emptied.
Why the $172B Stablecoin Market Could Send Crypto Prices Higher
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
Bitcoin Jumps to Just Shy of $68K Before Quick Plunge Lower
Digital assets are finally beginning to pay attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered's Geoff Kendrick.
Blockstream Raises $210M in Convertible Note Financing Round
The money will be used to advance adoption and development of Blockstream's layer-2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.
