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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
Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise
It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said.
U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery
Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.
Bitcoin ETF Inflows Hit Six-Week High of $422.5M
BTC's price has recovered 23% since hitting lows near $53,500 on July 5.
Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally
The Mt. Gox distribution will not end the bullish trend, CryptoQuant's CEO noted.
ETF Stands for 'Everything That Fits'
First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.
Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs
Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.
U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan
The aggregate market cap of 14 tracked bitcoin miners listed in the U.S. rose 29% since the end of June, the report noted.
First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC
The latest price moves in crypto markets in context for July 16, 2024.
Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to other factors such as the lack of staking, the report said.