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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 Holds Above $66K, but Elevated Funding Rates Call for Caution
Elevated funding rates often pave the way for temporary price pullbacks
Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon
Crypto options market indicates some traders have become more bullish on ether’s price next year.
Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest
The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.
After Bitcoin’s All-Time High, What’s Next?
It took six months for BTC to surpass its all-time high of almost $65,000 reached in April. Now, with the cryptocurrency’s price already pushing toward $67,000, market analysts are setting even more bullish price targets.
Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High
The “theme of $100K BTC” has returned, one analyst says.
Tesla Takes $51M Impairment Charge for Bitcoin Holdings in Third Quarter
The electric car maker reported no new sales or purchases of bitcoin in the third quarter.
A Look at Bitcoin ETFs in Canada
Canada launched ETFs linked to bitcoin futures and the spot price of bitcoin earlier this year. What can it inform the U.S. about its foray into bitcoin-linked ETFs? CoinDesk’s Galen Moore discusses the state of bitcoin ETFs in Canada, the implications for the demand for bitcoin long-term, and the potential impact on price movement.
Bitcoin Blasts Through $66K as Inflation Expectations Increase
Galaxy Digital has published a report on metrics showing the data behind the meteoric rise of bitcoin and the wider crypto markets. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Why Bitcoin Is Worth at Least a Penny
As the cryptocurrency hits another all-time high, investors unfamiliar with the asset class may wonder why it has value at all. Here’s a brief explanation.
Bitcoin Hits New All-Time High Above $66K
Bitcoin, the world’s largest cryptocurrency by market capitalization, has hit a new all-time high above $66,000, marking a full recovery from a months-long slump and extending the year’s gains to nearly 130%. “The Hash” panel discusses the events that could have brought BTC to this historic moment and their personal bitcoin journey.