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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
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The latest price moves in crypto markets in context for March 8, 2024.
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Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
First Mover Americas: AI Tokens Reclaim the Spotlight
The latest price moves in crypto markets in context for March 7, 2024.
This Bitcoin Rally Seems Different in Several Ways, But One Thing Stays the Same
As in previous bull runs, bitcoin's latest surge coincides with a burst of tech optimism on Wall Street. So traders might want to keep a close eye on a potential decline in the Nasdaq-to-S&P 500 ratio.
Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock
The plunge from all-time highs turned the $60,000 area into a support level for prices, one observer noted.
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
The Protocol: Bitcoin Cry for Help Heard
It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of volunteers. But there may be help on the way.
Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts
The world's largest crypto has risen about 60% in just the two months since the opening of the spot bitcoin ETFs.
