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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
DeSantis and the Growing Culture War Around Bitcoin
CoinDesk’s story this week about a fight over a bitcoin mining facility in Upstate New York reveals how cryptocurrency issues are quickly becoming politicized in familiar ways.
Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
Bitcoin’s quickly maturing ordinals scene has come a long way since January.
First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?
The latest price moves in crypto markets in context for May 25, 2023.
Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama
The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.
Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections
Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.
Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis
Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.
First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties
ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes
The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.
Crypto Markets Recoil From Latest Yellen Concerns About Debt Ceiling Impasse
Treasury Secretary Janet Yellen reiterated her comments from just three days ago about the U.S. running out of cash if lawmakers can’t reach an agreement. Crypto and other asset markets dropped.
