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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
XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
First Mover Americas: Bitcoin Trades Little Changed Above $58,000
The latest price moves in crypto markets in context for Sept. 13, 2024.
Bitcoin's Dilemma: Follow Gold's Market Beating Rally or Stick With Technology Stocks?
Gold has rallied 10% to record highs this quarter, leaving behind bitcoin and Wall Street's benchmark index, the S&P 500.
Coinbase's Version of Wrapped Bitcoin, 'cbBTC,' Goes Live
The token will initially be offered on Ethereum and Coinbase’s Base networks, with plans to expand to more blockchains in the coming months.
Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, a new decentralized autonomous organization, or DAO, is designed to encourage builders and users of Rootstock – one of the oldest and most closely watched projects among the fast-growing ranks of layer-2 blockchains built atop Bitcoin.
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners.
First Mover Americas: Bitcoin Tops $58K After U.S. Tech Stocks Rise
The latest price moves in crypto markets in context for Sept. 12, 2024.
Bitcoin Could Hit $125K by Year-End if Trump Becomes President, $75K if Harris Triumphs: Standard Chartered
Bitcoin is expected to end the year at new all-time highs regardless of who wins the U.S. election, the report said.
Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level
High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.
U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.
