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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
FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto
The filing alleges that the accused knowingly conducted an illegal business by using the darknet to convert bitcoin or other cryptocurrencies into cash.
Coinbase's Grewal Is 'Quite Hopeful' That Bitcoin Spot ETFs Will be Approved
Grewal said in a CNBC interview that the SEC approvals of the ETF applications could be coming soon.
First Mover Americas: SEC Drops Charges Against Ripple Leaders; Bitcoin and XRP Gain
The latest price moves in crypto markets in context for Oct. 20, 2023.
Ether Crosses $1.6K, Bitcoin SV Leads Altcoin Gains With 30% Bump
Overall market capitalization rose 5% in the past 24 hours.
SEC Likely to Approve Spot Bitcoin ETF in Next Few Months: JPMorgan
Approval is likely before Jan. 10, which is the final deadline for the Ark 21Shares applications, the report said.
Spot Bitcoin ETF Excitement Hits Main Street, Google Search Indicates
Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year.
Bitcoin Jumps Over $30K as ETF Hope Drives Bulls
Bitcoin forks led alternative token gains in the past 24 hours, outpacing major tokens.
Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
