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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 Turns Higher, Reversing CPI-Related Tumble
The shorts have mostly been in control since the Trump inauguration and perhaps decided to book profits.
Goldman Sachs Disclosed Ownership of Bitcoin ETFs. Here's Why It Doesn't Mean Much
The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.
El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains
Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.
Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
Both the headline and core rates of inflation rose faster than expected in January.
Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
Bitcoin's Coinbase Premium Indicator Shows Overseas BTC Buyers Taking the Lead Ahead of CPI Release
BTC buyers over Binance seem to be leading the BTC price action ahead of the CPI release.
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.
Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says
Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.
KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield
Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
