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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 Pushes Through $50K for First Time Since Late 2021
The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.
Bitcoin Tops $50K as Spot ETF Inflows Accelerate; ETH Rallies Amid Franklin Templeton's Filing
Bitcoin topped Monday the $50,000 for the first time since December 2021, and could run further towards $52,000, one analyst noted.
First Mover Americas: Bitcoin Hovers Below $48K; Immutable X Soars
The latest price moves in crypto markets in context for Feb. 12, 2024.
Bitcoin May Face Stiff Resistance Near $48.5K, On-Chain Analysis Shows
Nearly 270,000 BTC have been acquired at an average cost of $48,491, as analysis by IntoTheBlock shows.
Bitcoin 'Stronger’ Ahead of Halving: Grayscale
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K
The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.
Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
