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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 Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says
A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV.
First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins
The latest price moves in crypto markets in context for Oct. 25, 2023.
Bitcoin’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says
There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.
Bitcoin to Score 'Golden Cross' After 30% Price Surge in 2 Weeks
The forthcoming price pattern would signal a strengthening of bullish momentum.
Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year
"GBTC is the gift that keeps giving," one observer said.
Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally
Bitcoin's bullish momentum could prove a harbinger of an altcoin rally, one analyst noted.
Protocol Village: Clearpool, DeFi Credit Market, Expands to Optimism's OP Mainnet
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 16-25, with live updates throughout.
Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said.
All of a Sudden, It’s All About Bitcoin
Bitcoin's tech development is buzzing with innovations that could help it keep pace with Ethereum
