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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 Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say
The "basis trade," a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.
Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels
Ether also rose past $2,200 for the first time in months.
Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call
Tokens in the DeFi and Culture & Entertainment sector indexes gained 39%-42% over the past month, showcasing the widening breadth of the crypto rally.
Gauging Spot Bitcoin ETF's Impact on Price Volatility
Some analysts expect bitcoin to mature into a less volatile asset following the introduction of spot ETFs in the U.S, while others say potential "cash creation" structures will increase volatility.
First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year
The latest price moves in crypto markets in context for Dec. 1, 2023.
Bitcoin Rises to $38.8K for the First Time Since May 2022
Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.
