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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 Is Going to $80K Regardless of Trump or Harris Win, Traders Say
There are skewed expectations of a Republican win as better for bitcoin. However, some say the asset is poised to go higher either way as several macroeconomic factors weigh in.
Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits
Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning user deposits are protected up to the value of $250,000
Paul Tudor Jones: 'All Roads Lead to Inflation;' He's Long Bitcoin and Gold
The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.
More Than Arbitrage: $2.5B Inflow in Spot BTC ETFs Features Bullish Directional Bets
Institutions seem to be moving away from traditional cash and carry arbitrage to pure directional plays, according to observers.
First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly
The latest price moves in crypto markets in context for Oct. 22, 2024.
Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility
Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”
Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?
It's been an excruciating seven-plus months for the bulls as upside price breakouts have continually been reversed.
First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls
The latest price moves in crypto markets in context for Oct. 21, 2024.
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.
Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears
Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.
