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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 Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
Bitcoin and Crypto Stocks Like Coinbase Soar as XRP Ruling Bolsters Optimism
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
Argentina's First Bitcoin Futures Contract Officially Goes Live
The product was approved by the South American country’s National Securities Commission in April.
First Mover Americas: Crypto AI Tokens Rally After Musk Unveils New Company
The latest price moves in crypto markets in context for July 13, 2023.
Bitcoin Options Traders Shrug Off Post-CPI Choppy Price Action
The mood in the options market remains positive even as the cryptocurrency struggles to build upside momentum on the back of a bullish U.S. inflation report.
Ethereum Tops New Crypto ESG Ranking, Bitcoin Slammed for Heavy Energy Usage
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.
Bitcoin Breakout Above $31K Elusive as Shorts Pile In
Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
