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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
First Mover Americas: Solana’s SOL Gains 50% in October, Adding $6 Billion to Market Cap
The latest price moves in crypto markets in context for Oct. 31, 2023.
Bitcoin's 'Triangular Consolidation' Is Bullish: Technical Analysis
Such consolidations generally end with an upward breakout, one observer said.
Crypto Market Breadth Widens, Signals Bullish Momentum
Market breadth is a technical analysis technique that gauges the number of tokens participating in bitcoin's rally.
Bitcoin Holds Steady Above $34K After Hawkish Bank of Japan Decision
The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016.
On Bitcoin White Paper's 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger
The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.
Crypto Winter Is Over
From bitcoin ETFs to institutional interest in stablecoins and tokenized securities, greenshoots are all around. But the coming prevailing narrative for crypto may be very different than during previous boom times.
Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.
Bitcoin Shows No Signs of Overheating, Despite Doubling This Year: Analysis
Bitcoin has doubled this year. The bullish trend may continue unabated as key indicator shows no signs of overheating, according to IntoTheBlock.
First Mover Americas: Bitcoin Ticks Along Above $34K
The latest price moves in crypto markets in context for Oct. 30, 2023.
