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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 Holds Above $40K as Market Adjusts to Higher Rates From Federal Reserve
At the current level, the crypto has gained about 3% for the week.
Bitcoin Testing Resistance Near $40K; Support at $35K-$37K
BTC's price range could persist, although there is less chance of another major sell-off.
First Mover Americas: Bitcoin Stays Above $40,000 While Ether Bounces on Testnet Success
The latest moves in crypto markets in context for March 17, 2022.
Crypto Miner Hut 8 Reports Surprise Q4 Loss
The company's revenue was in line with expectations, but Ebitda missed estimates.
Bitcoin Holds Above $40K After Fed Hike, Avalanche’s AVAX Leads Gains Among Crypto Majors
Cease-fire talks could reverse a bearish trend, one analyst said.
Bitcoin-Focused VC Stillmark Hires Former Google X Engineer Vikash Singh
Singh joins the fund as principal investor as the firm looks to deploy capital to Bitcoin-related companies.
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.
Factors Behind Bitcoin's 5% Spike Today
CoinDesk Market Analyst Damanick Dantes presents his BTC price analysis and outlook following the cryptocurrency's brief spike toward $42,000. Plus, breaking down the data on bitcoin's seven-day implied volatility versus realized volatility, and bitcoin's 90-day correlation to ether and overall crypto markets.
Bitcoin Sees 'Bart Simpson' Pattern During Thinly Traded Asian Session
Bitcoin saw a quick rise and fall in a thinly traded market Wednesday. BTC price jumped from $39,120 to $41,700 in 30 minutes, only to fall back to $39,000, according to CoinDesk data. The sudden rise could stem from stop orders on short trades and ran into stronger selling pressure. "All About Bitcoin" host Christine Lee breaks down the latest "Bart Simpson" price pattern and more.
Market Wrap: Cryptos Recover From Drop After Fed Rate Hike; Expect Higher Volatility
Altcoins outperformed BTC over the past 24 hours, suggesting a greater appetite for risk among crypto traders.
