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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 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.
Crypto Trading Volumes Tank; India’s Crypto Info Call to G20
Trading volumes plummet as crypto winter bites and investors hold onto Bitcoin. Venture Capital investment in crypto startups falls, but the number of deals done rises. India’s finance minister calls on G20 to share information on crypto. US lawmakers say crypto miners should disclose energy data. Apathy at home compels South Korea’s blockchain game developers to market games abroad. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Polygon, ApeCoin Tokens See Outsized Gains Amid Recovery in Digital Assets
Crypto market capitalization regained the $1 trillion mark early on Monday, up from around $800 million in June.
First Mover Americas: Bitcoin Has Best Day in a Month, but Ether’s Getting Even More Love
The latest price moves in crypto markets in context for July 18, 2022.
First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018
The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days.
