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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 Breaches $10K for First Time Since February
Bitcoin's price has broken the $10,000 barrier just days before its next halving.
Market Wrap: Bitcoin at $9.9K as Halving Chatter Increases
Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors.
Hedge Fund Pioneer Turns Bullish on Bitcoin Amid 'Unprecedented' Monetary Inflation
Paul Tudor Jones II, a pioneer of the modern hedge fund industry, is ready to bet on bitcoin’s price as an inflation hedge.
Bitcoin Outperforming Gold and Stocks so Far This Month
Bitcoin looks to have decoupled from traditional markets as investors refocus on the network's imminent mining reward halving.
Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.
Bitcoin Node Count Falls to 3-Year Low Despite Price Surge
The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.
Bitcoin Breaches $9.2K as Open Positions on CME Futures Hit 10-Month High
Bitcoin is quickly gathering upward momentum alongside a surge in open positions on CME futures.
Bitcoin Erases 75% of October Price Rally as S&P 500 Hits Record Highs
Bitcoin is looking south after erasing three-quarters of the price rally seen in October. The bearish mood comes as the U.S. equities market is soaring in the opposite direction.
Can the Bitcoin Network Scale?
You want to spend bitcoin in your daily purchases. But what would that look like in a world where services like Visa and Mastercard still dominate?
Understanding Bitcoin Price Charts
Whether you already own bitcoin or plan to get some, you’ll want to know how much they’re worth.
