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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
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?
Bitcoin cratered almost 10% below $41,000 early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
The stablecoin immediately snapped back to its $1 peg on Binance.
Protocol Village: KuCoin Labs Invests in ISSP for Sui-Based Inscription Protocol
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
First Mover Americas: Bitcoin's Strong Start to January May Falter
The latest price moves in crypto markets in context for Jan. 3, 2024.
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said
Bitcoin Slumps as $400M Liquidated in Two Hours
Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Shares
Saylor said earlier that he would use the proceedings from the sales to address personal obligations and buy more bitcoin to his personal account.
