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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 Analysis: Bitcoin, Ether Exchange Balances Take Divergent Paths
Investors have begun sending bitcoin to exchanges while continuing to remove ether.
An Overlooked Source of BTC Support: Its Price Floor
The premier cryptocurrency is a speculative investment as well as a long-term play, providing a strong floor at a time of uncertainty in the crypto markets, says Noelle Acheson.
Bitcoin Price Remains Lower After Release of FOMC Minutes
The Federal Reserve raised its benchmark fed funds rate by 25 basis points at its most recent meeting.
Bitcoin Core Developer Marco Falke Steps Down From Maintainer Role
Falke was Bitcoin Core’s most prolific contributor, with more than 2,000 commits over seven years.
Coinbase Stock Tumbles 6%; Bitcoin Also Lower
Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin.
Washington Plays Tennis With Crypto
If digital asset regulation is drifting into partisan waters, that’s bad for all involved.
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.
