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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
El Salvador Doubles Down on Bitcoin
The country is setting a precedent for others to follow, Moonwalker Capital Tatiana Koffman writes.
First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade
The latest price moves in crypto markets in context for March 22, 2024.
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm
The market might take a breather this weekend, says Singapore's QCP Capital.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
Bitcoin could consolidate first before reclaiming the $69,000 level to reignite its uptrend, one trader noted.
First Mover Americas: Crypto Market Volatility Heats Up
The latest price moves in crypto markets in context for March 21, 2024.
Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.
Want to Track the Speculative Frenzy in Bitcoin Market, Here’s How
Speculative frenzy characterised by irrational exuberance and greed is an infamous sign of an impending market top.
