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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
'Realized Losses' Might Prove Bitcoin's Gain if Signaling a Market Bottom, Glassnode Says
Sell-off waves are tallying record realized losses and pushing HOLDer saturation towards previous bear-market recovery levels.
Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede
The Crypto Greed & Fear Index climbed to 30, its highest point since April.
Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags
Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.
Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol
The funds from a $4.2M seed round will be used to develop the Fedi mobile app built on top of Fedimint, a Bitcoin “community custody” protocol.
First Mover Americas: BTC Holds $22K and ETH Takes Center Stage Again
The latest price moves in crypto markets in context for July 19, 2022.
First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs
Bitcoin and major altcoins continued their late weekend rally; NFTs are an asset class where value has yet to be clearly defined.
Market Wrap: Bitcoin Sees Best Day in Over a Month
BTC climbed to $22,753, its highest level since mid-June.
Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
