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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 Trades Sideways as Stocks Get Pre-Holiday Bounce
The largest cryptocurrency by market capitalization has been moving sideways in a range between $16,700 and $16,900 in the past 24 hours as traders grappled with an uncertain market outlook for next year.
Bitwise President on Crypto Outlook in 2023
Bitwise Asset Management President Teddy Fusaro discusses bitcoin's stagnation and his crypto outlook for 2023 as the bear market unfolds into the year's end. And, what's next for crypto equities and levels to watch during the holiday season.
Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review
A deliberately measured progression in development with at least three major themes are the conclusions of the Bitcoin Operations Technology Group.
First Mover Americas: One of the Largest Bitcoin Miners Goes Bankrupt
The latest price moves in crypto markets in context for Dec. 21, 2022.
Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders
The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
A source told CNBC that bankruptcy proceedings would not impact operations.
First Mover Asia: BitDAO’s $100M Token Buyback Plan Gets Mixed Reviews
Bitcoin is lethargic ahead of the new year.
Crypto Markets Today: More FTX Fallout as Traders Turn Defensive
Top assets in the crypto market hold steady.
Bitcoin Correlations Reveal Dollar Still Rules
Bitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Rotation Within CoinDesk Market Index Sectors Bears Similarities to Tradfi Trend
As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin and health care stocks fit in the same risk bucket.
