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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 Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave
WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC.
First Mover Asia: Bitcoin Hovers Around $28,000
ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.
Bevy of Economic Data Barely Stirs Bitcoin, Ether
Bitcoin and ether trade flat on below-average volume after GDP contracts slightly and initial jobless claims exceed expectations.
Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst
Bitcoin is over $28,000 on Thursday, up more than 20% in the last month. Mark Connors, 3IQ head of research, attributes part of that rise to uncertainty in the banking sector and the arrests of Do Kwon and Sam Bankman-Fried.
Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.
First Mover Americas: Investors Dig Risk Again
The latest price moves in crypto markets in context for March 30, 2023.
Bitcoin Volatility Likely as Options Worth $4B Expire on Friday
Market makers selling the options may need to buy more bitcoin in the spot market to cover their positions if the cryptocurrency rises further.
Bitcoin Price Rally Stalls as Whales Take Profits: CryptoQuant
Holders are taking short-term profits at the widest margin in more than a year, CryptoQuant analysts said.
First Mover Asia: Bitcoin Rises Above $28.3K Despite Binance Legal Woes
ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going.
