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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
Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now
The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.
China's Central Bank Halts Bond Purchases to Support Yuan, BTC Holds Under $95K
The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY
The Bitcoin Iceberg: Buyers Await Beneath The Bearish Surface
The market depth shows dominance of buy orders at levels away from the going market rate.
Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten
Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.
Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever
The ETFs bleed money as renewed U.S. inflation fears dent Fed rate cuts and boost bond market volatility
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
Crypto Prices Under Pressure From Global Rise in Yields
A sharp gain in interest rates didn't dent crypto's price rally through late 2024, but that may not be the case anymore.
Nation-States, Central Banks Expected to Buy BTC in 2025, Fidelity Digital Assets Says
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said.
