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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
Crypto Bulls Hit by $300M in Liquidations as Bitcoin, Ether Buckle on Fizzling ETF Momentum
Tuesday's sharp decline in crypto prices spurred the largest daily leveraged long liquidation since August, CoinGlass data shows.
Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic
An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
In addition to the headline inflation beat, core CPI declined last month.
First Mover Americas: Goldman Leads Blockchain Firm Fnality Raise of $95M
The latest price moves in crypto markets in context for Nov. 14, 2023.
Solana, Avalanche, Chainlink Tumble 8%-12% as Crypto Rally Cools Amid Fake BlackRock XRP Trust Filing
Some analysts have warned that recent gains for crypto left markets vulnerable to a pullback.
CPI Report Tuesday Could Provide Next Bitcoin Catalyst
The U.S. government tomorrow will report on October inflation data.
Bitcoin Researcher Behind 'BitVM' Ignites Fresh Buzz With New Paper on File Hosting
The proposal by Robin Linus, a core contributor to ZeroSync, a developer of zero-knowledge proofs for use on the Bitcoin blockchain, sets out how an open market for content hosting could be created by "an atomic swap of coins for files."
First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
The latest price moves in crypto markets in context for Nov. 13, 2023.
