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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
Total Crypto Market Cap Surpassed $2.7T For the First Time
Amid bitcoin's rally to a new all-time high Wednesday just under $67,000, the market capitalization for all cryptocurrencies has pushed to a new record of $2.7 trillion. What does that mean for crypto and finance? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Tumbles in Quick Retreat From All-Time High
Joe DiPasquale, CEO of crypto hedge fund BitBull Capital, discusses what to make of bitcoin's biggest price pullback in almost a month in a sharp retreat just a day after reaching a new all-time high price near $67,000. Plus, his views on buying opportunities to watch, bitcoin futures ETFs, areas of investment interest for BitBull, and price predictions.
Apifiny Debuts Instant Transfers for Institutional Crypto Traders
Digital asset marketplace Apifiny is debuting instant transfers of funds for institutional crypto traders Thursday between different crypto exchanges. CEO Haohan Xu discusses insights into the launch, end of year forecast for bitcoin’s price, and advice for investing in bitcoin futures ETFs amid volatility.
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.
Walmart Has Quietly Begun Hosting Bitcoin ATMs
The retail giant is offering bitcoin through 200 of its Coinstar kiosks in a tie-up with crypto ATM firm Coinme. We made sure it’s real.
![Paul Tudor Jones: ‘Inflation … [Is] the Single Biggest Threat to Financial Markets and Society in General’](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F64b66c8747efedbfc0de779bb9293849016c40ec-1440x1080.jpg%3Fauto%3Dformat&w=1080&q=75)
Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug
It all happened in a blip, and an exchange official says the institutional trading customer has since fixed the issue.
Bitcoin Tumbles to $63K in Quick Retreat From All-Time High
Despite bullishness among many analysts, the largest cryptocurrency cedes ground after this week’s ETF-fueled rally.
Chris Giancarlo: 'Crypto is A Solution to Old, Expensive, Exclusive Existing Legacy System'
As bitcoin hits a 6-month high following the first U.S. bitcoin futures ETF "BITO" rising since its Tuesday trading debut, Chris Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), discusses where BITO fits among the larger regulatory picture in the U.S. within the SEC, CFTC, and Congress. Plus, his views on stablecoins, state issues around crypto lenders, and more.
Bitcoin Hits All-Time High, Lotte World Opens in Metaverse
Bitcoin hits all-time high. Korea’s Lotte World opens in the metaverse. Hong Kong-based Animoca Brands closes $65 million capital raise. We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast.