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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 ETFs Post $900M in Net Outflows This Week
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.
Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K Calls
Demand for BTC calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.
Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M
The company now holds 226,331 bitcoins worth just shy of $15 billion.
First Mover Americas: Crypto Assets Rally With BTC Returning to $66K
The latest price moves in crypto markets in context for June 20, 2024.
VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
Protocol Village: Arcana Announces 'Chain Abstraction Protocol' to Remove 'Complexities of Bridging'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges
Arkham previously identified the address as belonging to the German Federal Criminal Police Office (BKA), which had seized almost 50,000 BTC from a piracy site.
Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps
The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains."
First Mover Americas: Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued
The latest price moves in crypto markets in context for June 19, 2024.
Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant
The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows.
