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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: Bitcoin Hits $27K for First Time in Two Weeks
The latest price moves in crypto markets in context for Sept. 19, 2023.
Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove to be further catalysts.
Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
The price earlier on Monday had risen to above $27,400, its highest level since late August.
NFL Quarterback, Two YouTube Influencers Settle FTX Case; Sen. Warren's Crypto Bill Gets New Support
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, as three celebrities promoters settle an FTX lawsuit. Bitcoin (BTC) gets a boost ahead of the next FOMC meeting. Senator Elizabeth Warren sees new support for her digital asset anti-money laundering act. And, a closer look at how much money billionaire investor Mark Cuban lost after a crypto phishing scam.
Steven McClurg: Bitcoin Spot ETF Race
A growing number of asset management companies are joining the race for the approval of a Bitcoin spot exchange-traded fund in the United States while the Securities and Exchange Commission keeps delaying its decision on existing applications. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Steven McClurg, Chief Investment Officer and Co-Founder of Valkyrie, an asset management firm with a pending spot Bitcoin ETF application, said the approval for BTC spot ETFs in the U.S. might be imminent, potentially by the second quarter of 2024. Additionally, he addressed the SEC’s prior reservations, including custody and surveillance issues, stating that they have now been resolved.
First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
The latest price moves in crypto markets in context for Sept. 18, 2023.
Bitcoin Tops $27K a Week After Death Cross Formation With Fed Likely to Extend Rate Pause
The cryptocurrency is up nearly 8% since the ominous-sounding technical analysis pattern appeared on the daily price chart.
