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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 Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.
Bitcoin Slumps to $25.5K, With Price Now Probing August Low
A modestly softer-than-expected employment report Friday morning failed to provide a positive catalyst.
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
The increase in average trade size could suggest large traders are more active, said research firm Kaiko.
First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in crypto markets in context for August 30, 2023.
It's a Bullish Double Whammy for Bitcoin, but Caution Still Warranted
Grayscale's legal victory over the SEC and disappointing U.S. labor market data support upside in bitcoin. But the bullish scenario is not without risks.
Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say
βIt doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,β one trader said.
Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%
A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.
SEC Must Review Grayscale's Bitcoin ETF Bid After Previous Rejection, Appeals Court Rules
A federal appeals court ordered the SEC to "vacate" its rejection of the trust issuer's bid to convert the Grayscale Bitcoin Trust into an exchange-traded fund.
