First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
The latest price moves in crypto markets in context for May 1, 2024.
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May 1, 2024 at 12:19 p.m. UTC
May 1, 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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Protocol Village: Stacks Delays Nakamoto Activation for 8 More Weeks of Development
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
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May 1, 2024 at 11:46 a.m. UTC
May 1, 2024
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Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
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May 1, 2024 at 8:22 a.m. UTC
May 1, 2024
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Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
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Apr 30, 2024 at 9:17 p.m. UTC
Apr 30, 2024
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First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations
The latest price moves in crypto markets in context for April 30, 2024.
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Apr 30, 2024 at 12:00 p.m. UTC
Apr 30, 2024
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Can Bitcoin Help Small-Town America?
Galaxy Digital’s Austin Storms and Briana Sturgis join the show to discuss the latest Bitcoin mining film, The Big Empty, and if Bitcoin can really help small-town America.
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Apr 30, 2024 at 11:01 a.m. UTC
Apr 30, 2024
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Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint
Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.
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Apr 30, 2024 at 9:32 a.m. UTC
Apr 30, 2024
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Hong Kong Bitcoin and Ether ETFs Have Soft Debut
The volume of crypto exchange-traded funds came in at just over $11 million.
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Apr 30, 2024 at 8:50 a.m. UTC
Apr 30, 2024
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MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
The broker cut its price target on the firm to $1,590 from $1,810, while maintaining its buy rating.
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Apr 30, 2024 at 8:09 a.m. UTC
Apr 30, 2024
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Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.
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Apr 30, 2024 at 7:33 a.m. UTC
Apr 30, 2024