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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
Crypto Stocks Tumble After Bitcoin Falls on Higher-Than-Estimated Inflation
Digital asset miners were among the worst performers on Tuesday.
US CPI Report Shows Inflation Hotter Than Expected, Bitcoin Plunges 9.6%
Core inflation, which is more closely watched by traders, rose 0.6 percent in August, a larger increase than in July.
Bitcoin Hits 3-Week High on Dollar Weakness, But TradFi Firms Retain Bullish Bias on Greenback
Investment banks like UBS and ING expect the dollar to remain supported over the near term.
First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
A recent report from South Korea-based CryptoQuant outlines a number of price valuation metrics that show bitcoin sinking to as low as $14,500 to $10,000.
Suggestions That Bitcoin Halving Might Come Sooner Are Mostly Wrong
Bitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond
The offers have been viewed as an attempt to counter speculation about a potential default by the country.
Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data
The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge.
Brother of Fmr Coinbase Exec Pleads Guilty to Insider Trading; Conservative Party of Canada Elects Pro-Bitcoin Leader as Head
Bitcoin rallies above $22,000 as investors expect positivity from the upcoming U.S. CPI report. The trial between Hodlonaut and Craig Wright kicks off in Norway. Nikhil Wahi, brother of former Coinbase executive, pleads guilty to the first crypto insider trading case. The Conservative Party of Canada elects pro-bitcoin leader Pierre Poilievre as party head.
Bitcoin Rally Continues While Ether Stays Steady Around $1,700
Bitcoin (BTC) rises above $22,000 ahead of the anticipated “Merge” while ether (ETH) lags behind. Observers claim the underperformance of ether stems from traders rotating money out of ether into bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin's Health May Hinge on a Legal Feud in Norway
Some developers say a lawsuit from pseudonymous bitcoiner Hodlonaut against Craig Wright, who claims to be Satoshi Nakamoto, is vital to the cryptocurrency’s growth.
