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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. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.
First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout
The latest price moves in crypto markets in context for May 2, 2024.
Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity
The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.
Bitcoin 'Call Writing' Back in Vogue as Cash And Carry Strategy Loses Shine
Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.
BlackRock's Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot Products
Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
The new project would build off the much-discussed "BitVM" design released last year by developer Robin Linus, which has kindled hopes that the oldest and largest blockchain could eventually see Ethereum-style programmable layer-2 networks.
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.
Protocol Village: Chainlink CCIP to Power New 'FIX-Native Blockchain Adapter' With Rapid Addition
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
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.
