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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
First Mover Americas: Grayscale Urges SEC for Equal Treatment of Spot Bitcoin ETF Applications
The latest price moves in crypto markets in context for July 28, 2023.
Bitcoin Bulls Should Switch to Call Options, Crypto Services Provider Matrixport Says
Lower volatility has made option prices cheaper, Matrixport's Markus Thielen said.
Bitcoin Steady Above $29K, Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible
BOJ announced a proper yield curve control tweak with semantics that camouflaged the hawkish move.
First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst
PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.
Mining Bitcoin Is an Act of Freedom
Because it is an act an of service, CryptoQuant researcher Burak Tamaç writes in a Mining Week essay.
Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues
Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.
Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager
The Morgan Creek Capital Management founder expects bitcoin to catch up to gold's valuation.
RFK Jr: Bitcoin ‘Currency of Freedom’; Canadian Government Morphed Into ‘Monster’ During Trucker Protests
The Democratic presidential candidate made the comments during a Twitter Spaces conversation with prominent bitcoiners on Wednesday.
