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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 Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.
Crypto Markets Take a Wild Ride Following Surprise Binance/FTX Deal
Investors are seeking answers to a multitude of questions about the mega deal involving the two crypto exchanges. Will price volatility continue beyond Tuesday?
FTX's Bitcoin Balance Plunges to Just 1
Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass.
Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token
Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.
First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling
During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.
Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red
The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.
FTX/Alameda Questions Hold the Spotlight as US Midterm Election, Inflation Data Loom
A drop below $22 could mean a more significant ride down for FTT.
Has Bitcoin Bottomed Out?
Tactive Wealth Advisor Eddy Gifford discusses his outlook for bitcoin (BTC) and whether the cryptocurrency has bottomed out amid low volatility. Plus, his take on the impact of the U.S. Federal Reserve's interest rate hikes and the upcoming midterm elections on the crypto markets.
Bitcoin Futures Market Volume Down
Bitcoin futures trading volume has dropped sharply in recent weeks, indicating a spot-driven market, according to CoinDesk's Omkar Godbole. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Greg King on Bitcoin Volatility: Flat Is the New Up
Bitcoin has remained less volatile than the S&P and Nasdaq over the past three months. "If we can hold here ... that's really positive for 2023," says Osprey Funds founder and CEO Greg King.
