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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
Bitcoin Falls to Six-Week Low Amid Risk-Off Sentiment
"I don't remember this level of bearishness amongst contacts and Twitter, even back on cycle lows in January," one fund manager said.
First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules
GameFi adoption has been hitting obstacles worldwide, including in China and South Korea, because of laws about converting in-game tokens to currency.
But Exchanges, What Low Volumes You Have!
Even though bitcoin’s price is range-bound and crypto exchange volumes are at yearly lows, there is no reason to worry … yet.
Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K
BTC declined by as much as 4% over the past 24 hours, compared with a 2% dip in ETH.
Bitcoin Extends Pullback; Support at $37K, Resistance at $46K
BTC has been struggling to sustain positive momentum over the past few days.
Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt
A court filing reveals that bitcoin seized in 2020 will be used to repay the Silk Road founder's debt to the U.S. government.
First Mover Americas: Bitcoin Holds $40K, Yuan Drop May Add to Risk Aversion
The latest moves in crypto markets in context for April 22, 2022.
Retail Interest in Bitcoin Is Dwindling, Google Data Suggests
Data from Google’s search trends suggest retail interest in bitcoin and other major cryptocurrencies could be waning.
First Mover Asia: A Year After Coinbase's IPO, Most Listed Crypto Firms Are Under Water Compared With Bitcoin's Performance; BTC Retreats From $42K
Fed Chair Jerome Powell suggested a series of interest-rate increases that might be higher than the usual 0.25 percentage point.
