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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
First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility
ALSO: The two largest cryptocurrencies by market volume held steady within the narrow ranges they've occupied since mid December.
Crypto Markets Analysis: On-Chain Data Shows Short-Term Bitcoin Holders Turning Profits
Ether prices breaking above the upper range of Bollinger Bands is a hopeful sign; bitcoin appears poised to trade flat.
CME Crypto Trading Volume Slumped to 2-Year Low in December
Poor market sentiment and an extreme lack of volatility were the likely culprits behind the declines.
Crypto Market Very Top-Down Oriented Right Now: Analyst
Fairlead Strategies Founder and Managing Partner Katie Stockton dives into the weekly XRP chart and explains why the market is very top-down oriented at the moment. Plus, her predictions on the initial support level for bitcoin (BTC) at $15,600.
First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country in which regulations about anything that seems like gambling are daunting.
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.
