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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
Semler Scientific Adds 167 Bitcoin, Bringing Holdings to 3,634 BTC
The company made its latest purchases for $16.2 million, or an average price of $97,093 per bitcoin.
Free Bitcoin Faucet From 2010 Is All Set for a Comeback
The original faucet distributed 5 BTC per user for free, which is now worth nearly $500,000 per transfer.
Michael Saylor's Strategy Adds 1,895 Bitcoin, Bringing Company Stack to 555,450 BTC
A combination of sales of common stock and STRK preferred stock funded the latest purchase.
Bitcoin Hovers Above $94K as Market Awaits News on U.S.- China Trade Deal
The market is cautiously optimistic that a deal can be reached and traders are taking a breather.
Bitcoin Traders’ Favorite Lottery Ticket for the First Half of the Year — The $300K BTC Call
"There are always folks that want the hyperinflation hedge," one observer said, explaining the solid open interest build up in the $300K call option expiring on June 26.
Chart of the Week: '10x Money Multiplier' for Bitcoin Could Take Wall Street by Storm
Publicly traded firms relentlessly buying bitcoin for their balance sheet could result in 'significant buy pressure.'
Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors
"I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative." Farrelly said.
U.S. Added Stronger Than Expected 177K Jobs in April
The price of bitcoin was modestly lower at $96,700 in the moments following the news.
Bitcoin Traders Brace for ‘Sell in May and Go Away’ as Seasonality Favors Bears
Could a centuries-old seasonal market pattern be a sign of further losses? Bitcoin’s five-year performance leans toward “yes.”
