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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
Bitcoin Could Fall Back to Mid-$20K Area: Chris Burniske
The former crypto lead at Cathie Wood's Ark Invest remains bullish over the longer term.
First Mover Americas: Bitcoin Regains $41K in End of Week Rally
The latest price moves in crypto markets in context for Jan. 26, 2024.
UK Supreme Court Refuses Craig Wright Appeal
In July a panel of judges ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.
Many Retail Investors See Bitcoin Price Dropping Below $20K by Year End: Deutsche Bank
More of those surveyed said they expect bitcoin to disappear than those who said they expect it to continue to exist, the bank said.
Protocol Village: Syscoin Developer Expands Data-Availability Solution to Other Layer-2 Networks
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24.
First Mover Americas: Bitcoin Holds $40K
The latest price moves in crypto markets in context for Jan. 25, 2024.
SatoshiVM Marred by Controversy Days After SAVM Issuance
SAVM jumped several thousand percent to a market capitalization of as high as $90 million a few hours after issuance.
Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry
Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
