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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
Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience
ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green.
Crypto Markets Analysis: Bitcoin, Ether Respond Positively to Falling Economic Data
Ether's price breaking above the upper range of Bollinger Bands is a hopeful sign; bitcoin appears poised to trade flat.
Ether-Bitcoin Ratio on Bullish Path After Triangle Breakout, Trader Says
We could see a bears in disbelief rally in ether in coming weeks, Decentral Park's Lewis Harland said.
A Dose of 'Hopium' for Bitcoin Bulls From 1970s
U.S. inflation has slowed in a move analogous to the late 1974 CPI peak that presaged a rebound in the S&P 500, a benchmark for risky assets. Some observers, however, see limited upside for bitcoin.
First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?
ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid-December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.
Crypto Markets Analysis: Bitcoin Muddles Along; Consumer Credit Debt Could Present Problems
Increasing consumer debt levels could reduce investment capital for crypto markets.
Bitcoin Core Dev Says His BTC Is ‘Basically All Gone’ After Hack
Bitcoin Core developer Luke Dashjr claims an unknown hacker has drained "basically all" of his bitcoin holdings, worth roughly $3.6 million, on New Year’s Day. "The Hash" hosts discuss the latest hack turning heads on crypto Twitter.
The Genesis Block: The First Bitcoin Block
Today marks the 15-year anniversary of when Satoshi Nakamoto mined the first Bitcoin block.
Heatbit Is the First Space Heater That Mines Bitcoin, Founder Says
The newfangled device looks like a high-end space heater but uses integrated circuitry to process bitcoin transactions.
