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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
An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village
Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.
First Mover Americas: BTC Recovers From Friday's Slide to Reclaim $68.5K
The latest price moves in crypto markets in context for Oct. 28, 2024.
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.
Bitcoin Has a Lot Going for It, Except the Persistent Slide in Copper-Gold Ratio
BTC's best years have been characterized by copper's outperformance relative to gold.
From Smuggling Gold Out of Africa to Bridging Bitcoin and Cardano
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.
First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market
The latest price moves in crypto markets in context for Oct. 25, 2024.
The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market
Both retail and sophisticated investors expect bitcoin to trade at least above $100,000 by the end of the year.
Pennsylvania House of Representatives Passes Crypto Bill to Bring Regulatory Clarity: Report
The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.
