First Mover Americas: BTC Warnings Finger Drop to $55K
The latest price moves in crypto markets in context for Aug. 2, 2024.
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Aug 2, 2024 at 12:01 p.m. UTC
Aug 2, 2024
Bitcoin
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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
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Hong Kong's Futu Launches Bitcoin, Ether Trading, Offers Alibaba, Nvidia Shares as Rewards: Report
For the moment, only bitcoin and ether can be traded, while the company works on "expanding our crypto offerings in the near future."
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Aug 2, 2024 at 8:41 a.m. UTC
Aug 2, 2024
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Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk"...
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Aug 2, 2024 at 7:52 a.m. UTC
Aug 2, 2024
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Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.
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Aug 2, 2024 at 7:36 a.m. UTC
Aug 2, 2024
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MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.
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Aug 1, 2024 at 8:23 p.m. UTC
Aug 1, 2024
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Protocol Village: Injective Starts 'Altaris' Upgrade, Switchboard Releases 'Oracle Aggregator'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
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Aug 1, 2024 at 7:48 p.m. UTC
Aug 1, 2024
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Bitcoin Trading Sideways Is the 'Best Thing' for Long-Term Holders: eToro US Analyst
The latest price moves and insights with Jennifer Sanasie and eToro US Investment and Options Analyst Bret Kenwell.
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Aug 1, 2024 at 7:00 p.m. UTC
Aug 1, 2024
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Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
The slide in the odds of a Donald Trump victory in November might have bulls rethinking some bets.
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Aug 1, 2024 at 3:39 p.m. UTC
Aug 1, 2024
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First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in crypto markets in context for Aug. 1, 2024.
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Aug 1, 2024 at 12:01 p.m. UTC
Aug 1, 2024
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Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
Bitcoin's Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.
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Aug 1, 2024 at 11:15 a.m. UTC
Aug 1, 2024