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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
Protocol Village: Firoza Finance Launches $2M Pilot Program for Shariah-Compliant DeFi With 'Mudarabah Smart Contract'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Sept. 26-Oct. 2.
Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues
The largest cryptocurrency's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.
Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise
Geopolitical tensions triggered consecutive daily declines of almost 4% in bitcoin’s price.
First Mover Americas: Bitcoin Returns to $61K After Tuesday's Dump
The latest price moves in crypto markets in context for Oct. 2, 2024.
Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management.
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
How the Crypto Retail Market Has Changed
Retail investors may not be as plentiful in the current cycle, but they've become increasingly sophisticated, says CoinDesk senior analyst James Van Straten.
Bitcoin Bull Run in Question as Balances on OTC Desks Rise to 410K
The amount of bitcoins on OTC desks has doubled over the past five months to the highest level since May 2022.
First Mover Americas: BTC Is Little Changed Following Muted Asia Trading
The latest price moves in crypto markets in context for Oct. 1, 2024.
