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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
Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It
Samson Mow reveals the fast-moving process behind a radical financial experiment.
Bitcoin Oversold Near $46K Support; Resistance at $55K
The cryptocurrency could see a brief price bounce, although sellers remain in control.
It Can’t Be ‘Decentralization or Bust’
Decentralization seems to describe a simple concept, but defining it and determining why it matters and how to regulate it is challenging.
Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus
Institutional interest is prevalent and whales are buying bitcoin during this correction, one analyst said.
India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading Volume in 2021
Crypto adoption is booming in semi-urban and rural areas of India despite lingering regulatory deadlock.
Solana Leads Gains as Cryptos Recover on Fed Decision
Measures to curb financial stimulus buoyed traditional and crypto markets after days of volatility and stagnation.
First Mover Asia: Fed Decision on Stimulus Money Buoys Crypto Markets
Bitcoin leaps over $49,000, while ether and other altcoins also rise.
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.
Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading
Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.