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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 Brace for Bank of Japan's Rate Hike That Could Derail Momentum
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back.
Nomura-Backed Komainu Receives $75M Bitcoin Investment From Blockstream Capital
Blockstream CEO and co-founder Adam Back is to join Komainu's board of directors.
Bitcoin Revisits $100K as Trump Inauguration May Spur a Breakout: Van Straten
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level.
Bitcoin Poised to Top Record as Trump Inauguration Nears, Major Coins Due for 10% Swings: Traders
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement.
XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.
MicroStrategy Targeting $2B Perpetual Preferred Stock Offering: Benchmark
Benchmark hosted an investor meeting with MicroStrategy’s executive chairman Michael Saylor.
Unexpected Decline in Core CPI Sends Bitcoin Price Higher
Bitcoin has been consolidating in a range 10%-15% below record highs as investors largely tempered expectations of further interest rate cuts.
Bitcoin Caught Up in a Macro-Driven Sell-Off, May Fall Further: Standard Chartered
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.
Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave
In the last few weeks, four firms have announced bitcoin purchases, while seven companies announced a strategy, but no acquisition.
Stalled Stablecoin Supply Casts Doubt on BTC's Bullish Recovery as U.S. Inflation Report Looms
The combined supply of top four stablecoins has stabilized with barely any change over the 30-day period.
