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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
MicroStrategy Buys Additional $25M Worth of Bitcoin During Market Dip
The acquisition rate in January was markedly lower than in December.
Someone Just Moved $3.55B Worth of Bitcoin From 2016 Bitfinex Hack
Bad actors would have a tough time cashing out the stolen bitcoin as most of them are blacklisted.
Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program
The RBA announced an end of bond purchases, but signaled it is in no hurry to raise interest rates.
First Mover Asia: Crypto Finishes Bad Month on High Note
Prices for bitcoin, ether and most major altcoins rise after a month of steep price declines.
Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February
Historically, bitcoin produces positive returns in February. But risks remain.
Bitcoin Bargain? Investors Put Money Into Crypto Funds for Second Straight Week
Cryptocurrency funds attracted $19 million of new money last week, suggesting investors are cautiously adding to positions, with prices depressed compared with year-end levels.
Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even Harder
Most major altcoins have sunk more than bitcoin, with all members of the CoinDesk 20 digital assets deeply in the red in January.
Bitcoin Holding Support Above $37K; Resistance at $40K-$45K
BTC's January sell-off could attract short-term buyers.
Bitcoin's Put-Call Ratio Hits 6-Month High as Negativity Rules
The ratio suggests demand for puts is high, one observer said.
