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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
First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue
Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance.
Market Wrap: US Inflation Slows, Crypto Markets Accelerate
Bitcoin jumped sharply on CPI news before moderating.
Bitcoin R&D Center Vinteum Launches in Brazil
The nonprofit aims to support developers in Latin America.
First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected
The latest price moves in crypto markets in context for Aug. 10, 2022.
First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at South Korea's Muted Mega-Blockchain Week
The Seoul-based event has offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists.
Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report
Global markets are awaiting the data release scheduled for Wednesday.
Mercado Libre to Expand Crypto Trading Across Latin America
The company’s Mercado Pago digital wallet began allowing crypto buys and sells in Brazil in December, and quickly nabbed 1 million users.
Inflation Probably Slowed in July, but Not by Enough to Trigger Crypto Bull Run
Goldman Sachs still sees the risk of higher consumer prices.
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork
The latest price moves in crypto markets in context for Aug. 9, 2022.
