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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



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Why Financial Advisors Should Consider Adding Bitcoin to Their Portfolios

Bitcoin is up nearly 9% on the day, and pullbacks appear to be limited given a series of breakouts over the past week.

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Crypto Miners Blamed for Kazakh Power Shortages, Bitcoin on the Up

Crypto mining blamed for power shortages in Kazakhstan. Bitcoin crosses US$50,000 mark and leads altcoins up. A lawmaker accuses Korean crypto exchange Upbit of listing faulty tokens to earn fees. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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BTC Gained 25% in Q3 2021

New data reveals bitcoin gained 25% in the third quarter of 2021.

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Unstoppable Domains CEO on Bitcoin’s Outlook After September Doldrums

Matthew Gould, CEO of blockchain domain name provider Unstoppable Domains, discusses his reading of the trend of September doldrums in the crypto markets and his “still very bullish” outlook for bitcoin. Plus, his reactions to Facebook’s major outage and the case for Web 3.0.

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Bitcoin Breaks $50K for First Time in a Month

Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 Tuesday for the first time since Sept. 7. Travis Kling, founder and CIO of Ikigai Asset Management, discusses his bitcoin analysis and outlook, explaining key patterns he’s continuing to watch.

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Bitcoin Briefly Breaks $50K; Is There a Bull Run Ahead?

Bitcoin is trading around $50,000 for the first time since early September as short-term momentum improves. GlobalBlock Head of Trading Grant Whitlock discusses his analysis and outlook for bitcoin’s price action, explaining the potential factors driving BTC higher and predicting levels to watch as indicators of the next bull run.

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The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban

Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.

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CoinDesk Releases Q3 Bitcoin and Blockchain Industry Report Highlighting Scalability

CoinDesk Research has published its latest quarterly report for Q3 2021, outlining the trends driving the digital asset markets, focusing on Bitcoin, Ethereum, DeFi and more.

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BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’

As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

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