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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: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.
BlackRock's iShares Files Paperwork for Spot Bitcoin ETF
The SEC has rejected numerous attempts by other fund companies to launch a spot bitcoin ETF.
Bitcoin, Ether Move Toward Oversold Territory in Post FOMC Downturn
CoinDesk Indices Trend indicators are signaling a bitcoin and ether downtrend
Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
Tether’s USDT stablecoin deviated from its $1 peg, while other major cryptos spend their day in red territory.
Jack Dorsey-Backed Bitcoin Wallet Bitkey to Integrate With Coinbase and Cash App
Public beta testing will begin in a few weeks according to parent company Block.
Crypto Trading Volumes Drop in Q2 to Yearly Lows
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year.
First Mover Americas: Bitcoin Tumbles Below $25K
The latest price moves in crypto markets in context for June 15, 2023.
Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase
The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said.
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.
