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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
Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers
The accumulation suggests optimism among large investors, IntoTheBlock’s head of research noted.
First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in crypto markets in context for Sept 1, 2023.
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
Bitcoin ETF Applications Are Bitcoin's Best Marketing Strategy
With the recent Grayscale win over SEC stonewalling, it seems like spot market BTC exchange-traded funds may be soon approved. Here's why that matters.
Crypto for Advisors: Bitcoin and the Bull
What’s behind the bull case for bitcoin? Brian Rudick and Matt Kunke from GSR take us through the reasons in today’s Crypto for Advisors newsletter.
First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States
The latest price moves in crypto markets in context for August 30, 2023.
