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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 Is Not Gold – Why Spot ETF May Not Be 'Sell the News' Event: EY's Brody
The consulting firm's global blockchain leader discussed his bullish outlook in a CNBC appearance.
Bitcoin Drops 3% After BlackRock BTC ETF Pulled From DTCC's Website
Monday's addition of IBTC to clearinghouse DTCC's site was a factor in bitcoin's explosive move higher.
Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.
First Mover Americas: Bitcoin at $34.5K on ETF Excitement
The latest price moves in crypto markets in context for Oct. 24, 2023.
Bitcoin Leads Crypto Majors' Gains; Analysts Bullish on SOL After 30% Weekly Jump
Total market capitalization rose 8% to reach levels not seen since mid-August.
Ethereum Fees Spike as Meme Coin Frenzy Returns; PEPE, HarryPotterObamaSonic10Inu, SPX6900 Pop 40%
The rising gas fees suggest increased network usage.
Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.
Bitcoin Bears Lose $178M as Prices Break Past $34K
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms.
Bitcoin in ‘Anti-Gravity’ Phase as ETF Approval Nears Finish Line
As bitcoin pushes 12% during Asia trading, there are parallels to the first Gold ETF and beyond, industry stakeholders and analysts said.
