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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 Holding Support Above $40K; Faces Resistance at $43K-$45K
Buyers could remain active into the Asia trading day as momentum improves.
Grayscale Bitcoin Trust Discount Hits Record at 26.5%
Analysts don't expect a spot bitcoin ETF conversion anytime soon, and in the meantime, investors in the GBTC fund are getting charged fees.
Crypto Miner Mawson Sees Hashrate Topping 1 EH/s by Month's End
The Australian miner is producing about 5.8 bitcoins per day.
What is Bitcoin’s Lightning Network?
In 2016, developers Thaddeus Dryja and Joseph Poon proposed a protocol called “the lightning network” that would enable faster and cheaper transactions while not having to change the block size.
Cardano's ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise
Bitcoin appears to have led Nasdaq and other risk assets in pricing Fed jitters.
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Bitcoin and ether rose and fell; altcoins have a mixed day.
Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious
Bitcoin's spot trading volume is at its lowest level in six months.
Digital Asset Funds Hit by 5th Week of Outflows
Investment funds focused on bitcoin accounted for $55 million of the $73 million of outflows last week.
Bitcoin Drifts Lower, Stuck Between $40K Support and $45K Resistance
BTC appears oversold into the Asian trading day, but upside remains limited.
