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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 Bounce Puts Altcoin Bears at Risk
Bitcoin's bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.
The Tokenization of Assets Is Underway
Today in Crypto for Advisors, Peter Gaffney from Security Token Advisors provides an overview of the current tokenization landscape, one that’s forecasted to reach $16 Trillion by just 2030.
First Mover Americas: BTC Holds $26K; Hedera’s HBAR Jumps
The latest price moves in crypto markets in context for Sept. 14, 2023.
Bitcoin Onchain Data Show Bullish Undercurrents
The market may appear boring, but under the surface, the onchain data is quietly aligning in favor of the bulls.
Crypto Miners Debate $500K Bitcoin Fee Refund to Paxos for 'Fat-Fingers' Error
Miners can choose to return large fees out of goodwill, even though they do not have any obligation to do so.
Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.
Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations
The correlation between bitcoin (BTC) and its implied volatility, which refers to expectations for price turbulence over a specific period, has turned negative again for the first time since May, indicating investor concerns about moves to the downside. The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations could crater the crypto market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
