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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
BTC Breaks $47K as Russia-Ukraine War Continues
Noelle Acheson, Genesis Global Trading head of market insights, discusses the recent upswing in the crypto markets, possibly driven by the Luna Foundation Guard’s heavy BTC purchases in the open market.
Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.
First Mover Americas: Ether Hits 2.5-Month High as Google Search Shows Peak Interest in 'Ethereum Merge'
The latest moves in crypto markets in context for March 28, 2022.
Shiba Inu, Solana Tokens Lead Gains as Bitcoin Hovers Over $47K
Crypto markets followed moves in bitcoin amid reports of multimillion-dollar purchases of the asset by a major blockchain entity.
Recession Signals Light Up as Section of US 'Yield Curve' Inverts
The recession hint could have bearish implications for risk assets, including bitcoin.
India's Supreme Court Seeks Wallet Info From Suspect in $3.8B GainBitcoin Scam
Ajay Bhardwaj, the brother of Amit Bhardwaj, the primary suspect who is now deceased, has been asked to give his username and password to authorities.
Bitcoin Could Reach $53K on Triangle Break, Impending Bull Cross, Analysts Say
The cryptocurrency's two-month triangular consolidation ended early Monday with a convincing move to $47,000.
Bitcoin Hits Breakeven for First Time This Year, Blows Past $47,201 Before Settling Back
The largest cryptocurrency by market capitalization has risen for six consecutive days and gained over 12% since last Sunday upon a broader asset rally and Luna BTC buys.
First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High
Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.
Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly
The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated.
