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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
‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, eToro crypto consultant, said on CoinDesk TV’s “First Mover.”
What a Strong Dollar Means for Crypto Market
Bitcoin (BTC) and other major cryptocurrencies are spiking higher Tuesday after the recent crash of fiat currencies worldwide against the U.S. dollar. eToro Crypto Consultant Glen Goodman discusses the impact of the dollar's strength on the crypto markets.
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Washington University in St. Louis and the University of Wyoming were among the investors in the Series B funding round.
First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks
The latest price moves in crypto markets in context for Sept. 27, 2022.
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon
Interpol has issued a Red Notice for Kwon's provisional arrest pending extradition, as a worldwide search for the Terraform Labs co-founder continues.
Bitcoin Tops $20K as Stock Futures Rise, Dollar Rally Stalls
The top cryptocurrency by market value rose over 5% to $20,350, according to CoinDesk data. Ether, the second-largest cryptocurrency, rose 4% to $1,390.
First Mover Asia: Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub
More than 7,000 people representing over 2,000 companies are scheduled to attend; Hong Kong plays catch-up. Bitcoin trades over $19,00 again.
Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline
Fear of a global recession impact equities and fiat currencies.
Bitcoin Lake Project Founder on Sustainable Crypto Mining Through Used Cooking Oil
Some residents in Guatemala are taking a cue from El Salvador's Bitcoin Beach, aiming to use cooking oil remnants that could otherwise make its way into a local lake in Panajachel (Pana), for bitcoin (BTC) mining. Bitcoin Lake Founder Patrick Melder shares insights into the project. "It's the first time in the world that cooking oil is being used to create energy to mine bitcoin," Melder said.
Bitcoin's 'Pain Spot' at $18K: Crypto Educator
Prosper Trading Academy Cryptocurrency Educator Howard Greenberg discusses levels to watch for bitcoin (BTC), breaking down the data on open interest, calls vs. puts and daily trading activity as global macro headwinds persist.