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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 Could Lift to $83K in the Coming Days, Analyst Says
The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.
Bitcoin’s Latest Rally to $71K Is Different From the March Breakout. Here's Why.
The latest breakout is characterized by lack of speculative froth as opposite to March and positive macroeconomic details.
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
The firm currently holds 828 bitcoin and plans to expand its crypto treasury
Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software.
Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum
First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally
The latest price moves in crypto markets in context for June 6, 2024.
