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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
Why Is the IMF So Afraid of Cryptocurrency?
The IMF is not a neutral aid organization, but the economic arm of a vast power structure. Crypto threatens that power.
How Does Bitcoin Mining Work?
Bitcoins are discovered rather than printed. Computers around the world “mine” for coins by competing with each other.
Bitcoin Mining Difficulty: Everything You Need to Know
In order to ensure bitcoin blocks are discovered roughly every 10 minutes, an automatic system is in place that adjusts the difficulty depending on how many miners are competing to discover blocks at any given time.
First Mover Americas: Bitcoin Downtrend Intact, Recession Fears May Weigh
The latest moves in crypto markets in context for March 18, 2022.
Popular Bitcoin Strategy Loses Shine as US Inflation Nears 8%
Still, crypto real yields remain relatively attractive compared with traditional markets and could continue to draw investors, some observers said.
Bitcoin Miner TeraWulf Sets 2022 Hashrate Guidance
The company, which went public in December and counts among its backers actress Gwyneth Paltrow, also said its 2025 expectations remain on track.
First Mover Asia: Taiwan's Surprising Interest Rate Hike; Altcoins Outdo Bitcoin
A survey of economists had expected the country, with its soaring economy, to leave the rate unchanged; avalanche and solana, among others were well into the green.
Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead
BTC was up 2% over the past 24 hours, while CAKE rallied 20% and ApeCoin dropped 80%.
