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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
Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations
Wood called bitcoin an "insurance policy against rogue regimes and horrible fiscal and monetary policies."
First Mover Americas: Ethena Labs’ New Token Rallies Overnight
The latest price moves in crypto markets in context for April 3, 2024.
Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility
Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex's proprietary bitcoin and ether implied volatility indices.
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs
Trading volumes for the exchange-traded funds soared to $110 billion, three times higher than either January or February, led by BlackRock's IBIT.
ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time
Tuesday's outflows from the ARKB exchange-traded fund marked the first time a provider lost more than Grayscale’s GBTC.
Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest
Prediction markets and CME's Fed Watch Tool have virtually ruled out a rate cut until later this year
Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ
Even after the recent surge in prices and involvement from other TradFi giants, the bank maintains its belief that crypto is worthless.
Are Bitcoin Developers Losing Faith in Lightning?
High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution.
