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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
Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations
Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.
Protocol Village: DWF Launches $20M Fund for Web3 Projects in Chinese-Speaking Regions
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.
Bitcoin Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Miner capitulation levels are now comparable with those in end of 2022, which was the market bottom after FTX implosion, CryptoQuant said.
Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst
The world's largest crypto has now declined 14% over the past four weeks.
What Bitcoin and the American Dream Have in Common
Bitcoin and America mean different things to different people. Both may have been captured by corporate interests. And both are all about freedom.
First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
The latest price moves in crypto markets in context for July 3, 2024.
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.
Bitcoin Sinks Under $61K as One Trader Sticks to $150K Prediction This Year
U.S.-listed ETFs ended a five-day inflow streak with $13 million in net outflows on Tuesday, while concerns of the Mt. Gox distribution may have contributed to a sell-off.
Investors Added Money to Bitcoin ETFs Even as Prices Slipped 7% in June
BlackRock's iShares Bitcoin Trust continued to lead as the largest of the funds.
