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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 Volatility Holds Steady as the VIX and MOVE Spike
The relative stability is reflective of mainstream disinterest in the crypto market, one observer said.
First Mover Americas: Google Cloud Joins Tezos
The latest price moves in crypto markets in context for Feb. 22, 2023.
First Mover Asia: Deconstructing Crypto's China Narrative
ALSO: Here's why it's important bitcoin hits $30,000
Filecoin, Storj Tokens Outperform Bitcoin Amid Increased Use of Decentralized Storage Protocols
The utility FIL token jumped 62% over the past week. Decentralized storage protocols have recently gained attention as their use has increased, an analyst said.
Crypto Markets Analysis: Bitcoin Breaches Rare ‘Golden Cross’ Threshold
The crossing of bitcoin’s 50- and 200-day moving averages has historically been a bullish indicator.
Developers Forking Bitcoin Ordinals to Give Litecoin Network Its First NFTs
Developers are forking Bitcoin ordinals to give older proof-of-work networks such as Litecoin their first set of non-fungible tokens (NFTs). "The Hash" panel discusses what this suggests about the impact of the Ordinals movement on the wider crypto ecosystem.
Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
Bitcoin is struggling to establish a foothold above $25,000, a level that capped the August 2022 price bounce.
First Mover Americas: BNB-Bitcoin Ratio Falls to Lowest Level Since August
The latest price moves in crypto markets in context for Feb. 21, 2023.
BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama
The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token.
Litecoin Network Gets Its First NFTs After Developer Forks Bitcoin Ordinals
A copy of the white paper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain.
