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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
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network
U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
First Mover Americas: Meme Coin Indexes Are Here
The latest price moves in crypto markets in context for April 10, 2024.
Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen before the prior halving in May 2020.
Bitcoin’s Bullish Quarter Eases Consumer Skepticism: Deutsche Bank
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
Bitcoin Breakout Halts as U.S. Inflation Data Looms
The Bureau of Labor Statistics is set to release March 2024 CPI data Wednesday at 8:30 a.m. ET (12:30 UTC).
VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs
Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
First Mover Americas: BTC Drops to $70K, TON Rallies
The latest price moves in crypto markets in context for April 9, 2024.
