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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
First Mover Americas: Bitcoin Surpasses $65K, Meme Tokens Rally
The latest price moves in crypto markets in context for March 4, 2024.
Crypto Stocks Surge as Bitcoin Approaches All-Time Highs
Bitcoin topped $65,000 for the first time since November 2021 on Monday
Bitcoin NFT NodeMonkes Sells for $1M as BTC Inches Toward $69K
Bitcoin-based collections traded more volume than Ethereum collections in the past 24 hours, which shows network adoption as bitcoin prices inch closer to highs.
Bitcoin Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show
Most bitcoin addresses bought coins at prices lower than the going market rate, according to IntoTheBlock.
Bitcoin Claims All-Time High in Euros, Takes Aim at U.S. Dollar Record
The largest cryptocurrency is now just 5% away from its 2021 high in U.S. dollar terms, having already reached records in other currencies.
Shiba Inu Rings Greed Alarm as Bitcoin Eyes Record High
Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.
Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch
Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.
Bitcoin’s Price Is Way Up. And $48 Trillion in Wealth Just Got Access
Alex Thorn unpacks how ETFs, long-term holders, and the upcoming halving should push Bitcoin’s price to over $100,000 by the end of the year.
