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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
Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
Indonesia’s Crypto Market Booms as Transactions Hit $1.92B in February
The country's registered crypto investors also surged to 19 million users last month.
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions against Wright.
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
This capital raise comes just days after a similarly structured $800 million offering, the proceeds of which the company used to purchased another 12,000 bitcoin.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in crypto markets in context for March 15, 2024.
Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Bitcoin's Correlation to Nvidia Strongest in Over a Year
The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.
