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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 Options Data Suggests Bearish Sentiment Among Investors
The put/call ratio for bitcoin options reached yearly highs on Thursday, data shows.
First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain
The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.
Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms
BTC is declining less than altcoins, indicating a lower appetite for risk among traders.
Bitcoin Returns Above $30K, Resistance at $35K
BTC appears oversold, although trading conditions have been choppy over the past few days.
MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report
Andrew Kang spoke to The Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy.
First Mover Americas: Hashed Takes $3.5B Hit on LUNA as Bitcoin Trades Under $30K
The latest moves in crypto markets in context for May 19, 2022.
Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data
Bitcoin lost support at $30,000 as Chinese tech stocks sold off on earnings worries a day after hawkish comments from the U.S. Federal Reserve.
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red
The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.
