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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
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale's GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
The gains were broad-based, with SOL and AVAX advancing more than 10% over the past 24 hours.
First Mover Americas: Back in the Green
The latest price moves in crypto markets in context for March 25, 2024.
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome
Carlos Domingo, founder and CEO of Securitize, gives the scoop on why Blackrock’s new fund had to launch early and has a suggestion for how to handle dustings of Tornado Cash ETH.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs are poised for their first week of net negative flows since late January.
