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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
Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
Most risk assets are in a holding pattern ahead of the Federal Reserve Economic Symposium, where Jerome Powell will speak later this week.
Bitcoin: la caída semanal de 10% sugiere tendencia bajista previa al simposio de la Fed
Según analistas, Powell se inclinará por las políticas agresivas en el simposio que tendrá lugar en Jackson Hole, Wyoming.
Crypto Volatility Returns; Big Names Investing in Blockchain
Bitcoin and ether hit by inflation concerns. Number of USDC exchange deposits hits 16-month low. Top names invest $6 billion in blockchain despite market wobbles. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Americas: Macro Retakes Front Seat, Pushing Bitcoin Down Below $21K
The latest price moves in crypto markets in context for Aug. 22, 2022.
Bitcoin's 10% Weekly Drop Puts Bears in Control Ahead of Jackson Hole Symposium
Powell will skew on the hawkish side at Jackson Hole, analysts said.
First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year
High German inflation and ongoing macroeconomic uncertainty raised market anxieties on Friday. Investors will be eyeing comments by Fed Chair Jerome Powell in a few days at a U.S. central bank symposium in Wyoming.
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
In a world where Ethereum users don’t want to be censored, there may be a way to push back.
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
The decline in crypto prices appears to be linked to poor inflation data in Germany
