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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 Rangebound; Initial Support at $40K
Indicators are neutral as BTC's latest price jump pauses.
First Mover: Bitcoin Rally Stalls Amid Skepticism Over Russia Pullback
The latest moves in crypto markets in context for Feb. 16, 2022.
Bitcoin Traders Preparing for Tumultuous March, Glassnode Says
Traders are de-leveraging because of expected turbulence coming from rate hikes and the potential conflict in Ukraine.
Morgan Stanley Says Ethereum Less Decentralized, Ether More Volatile Compared to Bitcoin
Attempts to regulate DeFi and NFT markets could see less demand for transactions on the Ethereum network.
Avalanche’s AVAX Surges as Bitcoin Rally Stalls
Major cryptocurrencies faced resistance at significant price levels after jumping as much as 13.5% on Tuesday following the Super Bowl weekend.
First Mover Asia: Bitcoin Soars Past $44K as Ukraine Tensions Lessen
Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict.
Market Wrap: Altcoins Outperform as Geopolitical Concerns Fade
ETH rose 8% over the past 24 hours, compared with a 4% rise in BTC.
Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest
Bitcoin cannot be intercepted, making it a powerful charitable tool. But human organizations are still central points of failure.
![(Maksim Sokolov [Maxergon]/Creative Commons, modified by CoinDesk)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F4b4c4c50323b706899424527f58aedf48dcb0891-1920x1286.jpg%3Fauto%3Dformat&w=1080&q=75)
Bitcoin Rose About 3% Tuesday on Russia/Ukraine Optimism
It’s the largest gain in a week for the most popular of cryptos.
Bitcoin Rally Stalls; Support at $40K, Resistance at $46K
BTC's price jump occurred on low volume, indicating weak buying strength.
