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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
BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge
The cryptocurrency’s volatility remains elevated relative to stock indices.
Bitcoin Miners Offloaded Holdings as Prices Dropped to $33K
The selling likely contributed to the crypto's decline in price in January.
First Mover Asia: Crypto Prices Finish Largely in the Red
Bitcoin fell early on but had recovered by the end of the U.S. trading day; ether drops slightly.
Market Wrap: Cryptocurrencies Pull Back in Light Trading
"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.
Bitcoin Stalls Near Resistance; Lower Support at $40K
Overbought signals on intraday charts preceded the current pullback.
Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level
The meme coin rose sharply, even as major cryptocurrencies showed small gains and some losses.
What Can You Buy With Bitcoin?
At some point you’re going to want to spend your bitcoin. But where can you go to exchange it for goods and services?
First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits
Ether and other major altcoins were up over the past 24 hours.
Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves
BTC gained 6% in the past 24 hours, although trading volume remained low.
