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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
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
In Topsy-Turvy Market Logic, Positive US GDP Could Be Negative for Crypto
Analysts estimate the U.S. economy grew by 2% in the third quarter of the year, upending a streak of two straight quarters of contraction.
Bitcoin Up 5% Over 24 Hours, Surging Past $20K
Bitcoin (BTC) is up 5% in the past 24 hours, trading at $20,500 with ether (ETH) surpassing $1,500 in the meantime. IG North America CEO JJ Kinahan joins “First Mover” to discuss the tokens’ recent rally and whether volatility has returned to the crypto markets. Plus, insights on how the Fed's upcoming decisions will impact the broader market.
Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.
First Mover Americas: Bitcoin, Ether Surge on Short Squeeze
The latest price moves in crypto markets in context for Oct. 26, 2022.
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup
Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.
What the Mention of Crypto in Australia's Budget Means
“This may be the first time cryptocurrency has been mentioned in the federal budget papers," said Michael Bacina, a partner at law firm Piper Alderman.
First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei.
Market Wrap: Bitcoin Marches Past $20K as Investors Regain Their Appetite for Riskier Assets
BTC, ether and other major cryptos surge with stocks following upbeat earnings from a number of big brands.
Bitcoin Returns Above $20K
Gerber Kawasaki's Director of Get Invested Brett Sifling discusses his analysis and outlook for bitcoin (BTC) as the cryptocurrency surges past the psychologically important $20,000 threshold for the first time in 18 days.
