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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 Could Reach $45K by Year-End, Analyst Says
Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side.
Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says
Solana's SOL continued to pace gains for altcoins.
Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy
The company's plan highlights Hong Kong's rising profile as a digital asset hub.
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.
El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing
It's been a bit more than two years since the country made bitcoin legal tender there.
Protocol Village: UBS, SBI, DBS Complete 'World's First' in Blockchain-Based Cross-Border Repo
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout.
First Mover Americas: Singapore Central Bank Tests Tokenization Alongside JPMorgan, BNY Mellon
The latest price moves in crypto markets in context for Nov. 15, 2023.
Bitcoin's Options Market Has Overtaken Its Futures Market in a Sign of Growing Sophistication
The notional open interest in BTC options worldwide stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.
Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.
