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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
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Bitcoin Payments App Strike Launches for European Customers
The app, which has been available in the U.S. since 2020, also recently expanded its services to Africa.
First Mover Americas: Hedera's HBAR Soars on Mistaken BlackRock Link
The latest price moves in crypto markets in context for April 24, 2024.
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
Some banks, however, foresee a continued dollar strength on the back of divergent interest rate expectations and the threat of U.S. tariffs.
Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving
Investors are still gauging macroeconomic factors, one observer said.
Will Bitcoin’s New BIP Editors Streamline Development?
Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals.
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in crypto markets in context for April 23, 2024.
Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
The 200-day simple moving average is one of the most widely tracked indicators of bitcoin's long-term trend.
