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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
El Salvador Buys Its First 200 BTC a Day Before Its Bitcoin Law Becomes Effective
And it “will be buying a lot more.”
German Asset Manager Union Investment Plans to Bring Bitcoin to Its Private Wealth Clients: Report
Cryptocurrencies may see further mainstream adoption in Germany.
Crypto Long & Short: The Trouble With Ticker Symbols
Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.
Market Wrap: Bitcoin and Ether Cross Milestones as Rally Continues
Bitcoin hit $50K and ether approached $4K as risk appetite heats up.
Bitcoin Won’t Save the Afghan People
Crypto activity in the collapsing country is likely a sign of capital flight by corrupt elites, not aid or remittances flowing in, according to one expert.
Bitcoin Returns Near $50K, Next Resistance at $55K
A breakout could yield further upside towards $55K.
Most Salvadorans Do Not Want Bitcoin, Poll Shows: Report
More than two-thirds of people in a survey disagreed or strongly disagreed with using bitcoin as legal tender.
Market Wrap: Bitcoin Enters September Slowdown; Cardano’s ADA at New High
Analysts expect bitcoin to weaken this month, as it has in the past, before the next leg up.
